Is Somers, NY 10589 a buyer’s or seller’s market?
Somers is a seller’s market. With about 1.3 months of supply and 67% 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.
More competitive than 97% of U.S. ZIP codes, and #127 of 649 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Somers housing market right now
In the three months ending August 31, 2026, 67% of homes in Somers, NY 10589 sold above their list price, the typical home went under contract in 23 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 66 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 51%, homes sold about as fast and the median sale price rose 6% to $670,710. Overall, Somers is more competitive than a year ago, so tougher for buyers.
Within Westchester County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 62%. On our competition score, Somers ranks #127 of 649 NY ZIP codes with enough sales (score 93 out of 100).
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 10589
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 Somers nearby
Find towns like Somers in other states →Where Somers is
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Questions about Somers real estate
Is Somers a buyer’s or seller’s market?
A seller’s market: there were 1.3 months of supply in Somers, NY 10589 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 Somers?
The typical home went under contract in 23 days in the latest three months.
Do homes in Somers sell over asking?
67% of homes sold above their original list price, and the typical sale closed at 104.5% of the list price.
What are property taxes in Somers?
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 Somers?
The median sale price was $670,710 in the three months ending August 31, 2026, about $427 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