Is Purchase, NY 10577 a buyer’s or seller’s market?
Purchase is a seller’s market. With about 1.9 months of supply and 70% 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 Purchase housing market right now
In the three months ending August 31, 2026, 70% of homes in Purchase, NY 10577 sold above their list price, the typical home went under contract in 18 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 43%, homes sold faster (48 days then) and the median sale price rose 31% to $2,633,860. Overall, Purchase is more competitive than a year ago, so tougher for buyers.
Within Westchester County, homes here sell faster than in 78% of the county’s ZIP codes, and sell more often over asking than in 68%.
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 10577
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 Purchase nearby
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Questions about Purchase real estate
Is Purchase a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Purchase, NY 10577 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 Purchase?
The typical home went under contract in 18 days in the latest three months.
Do homes in Purchase sell over asking?
70% of homes sold above their original list price, and the typical sale closed at 102.4% of the list price.
What are property taxes in Purchase?
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 Purchase?
The median sale price was $2,633,860 in the three months ending August 31, 2026, about $543 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