Is Elmsford, NY 10523 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Elmsford is a seller’s market. With about 2.1 months of supply and 78% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.1Under 4 months = seller’s market
Sold above original list77.7%Share of sales, last 3 months
Median sale-to-list105%Sold price ÷ list price
Median days on market15Listing to accepted offer
Median price per sq ft$449▲ +17.3% vs. last year

The Elmsford housing market right now

In the three months ending August 31, 2026, 78% of homes in Elmsford, NY 10523 sold above their list price, the typical home went under contract in 15 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 63%, homes sold faster (36 days then) and the median sale price rose 12% to $749,676. Overall, Elmsford is more competitive than a year ago, so tougher for buyers.

Within Westchester County, homes here sell faster than in 94% of the county’s ZIP codes, and sell more often over asking than in 87%.

Nearby, buyers who want less competition could look at Millwood 10546 (0% sold over asking) or Ardsley On Hudson 10503 (0% sold over asking), while Lincolndale 10540 (100% sold over asking) and Purdys 10578 (100% sold over asking) are even more competitive.

Nearby markets

Amawalk 10501Seller’s market $342 /sq ftArdsley 10502Seller’s market $584 /sq ftArdsley On Hudson 10503 $671 /sq ftArmonk 10504Seller’s market $531 /sq ft Browse all markets →

Where Elmsford is

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Questions about Elmsford real estate

Is Elmsford a buyer’s or seller’s market?

A seller’s market: there were 2.1 months of supply in Elmsford, NY 10523 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Elmsford?

The typical home went under contract in 15 days in the latest three months.

Do homes in Elmsford sell over asking?

78% of homes sold above their original list price, and the typical sale closed at 105.0% of the list price.

What are property taxes in Elmsford?

About 1.51% of a home’s value a year in Westchester County, or roughly $6,040 on a $400,000 home.

What is the median home price in Elmsford?

The median sale price was $749,676 in the three months ending August 31, 2026, about $449 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology