Is North Salem, NY 10560 a buyer’s or seller’s market?
North Salem is a seller’s market. With about 2.3 months of supply and 64% 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.
The North Salem housing market right now
In the three months ending August 31, 2026, 64% of homes in North Salem, NY 10560 sold above their list price, the typical home went under contract in 40 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold more slowly (35 days then) and the median sale price fell 18% to $724,686. Overall, North Salem is more competitive than a year ago, so tougher for buyers.
Within Westchester County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell less often over asking than in 51%.
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.
Run the numbers for 10560
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 →Towns like North Salem nearby
Find towns like North Salem in other states →Where North Salem is
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Questions about North Salem real estate
Is North Salem a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in North Salem, NY 10560 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 North Salem?
The typical home went under contract in 40 days in the latest three months.
Do homes in North Salem sell over asking?
64% of homes sold above their original list price, and the typical sale closed at 104.8% of the list price.
What are property taxes in North Salem?
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 North Salem?
The median sale price was $724,686 in the three months ending August 31, 2026, about $342 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