The Bronxville market (including the village of Bronxville along with the Cedar Knolls, Armour Villa, Lawrence Park West, and Longvale sections of Yonkers) showed the same strengths in the first quarter of 2026 that shaped it for the past several years, including limited inventory, sustained demand from buyers, and rising prices.

Pricing Held Firm

Single-family homes in the Bronxville PO area continued to trade at a significant premium relative to most of Westchester County. The 2024 full-year median sale price for single-family homes in this submarket was $1,167,500, and values have remained firm into the first quarter of 2026. Buyer competition in the $1 million to $1.5 million range remained particularly concentrated. Homes priced accurately received offers soon after going to market, and many closings were above list price.

Volume Remained Constrained

Transaction volume in the Bronxville PO submarket has been running below historical norms for several years. The full-year 2024 figure of 38 single-family sales was the lowest in a decade, and Q1 2026 continued in that pattern. Seller reluctance seems to be the key to that. Homeowners who locked in mortgage rates between 2020 and 2022 have little financial incentive to list, and that has not changed. Buyers actively searching face a narrow pool of available properties, which keeps price levels even.

What Q2 Is Likely to Bring

The second quarter usually brings more listings to the Bronxville area than the first. Relocations, estate sales, upsizing, and downsizing do not pause indefinitely, and spring draws sellers who have been waiting for the right moment. Q2 2026 is expected to follow that pattern, with modest increases in inventory that will be absorbed quickly given current demand levels. Any new listings priced in line with market data and presented correctly will attract serious attention from buyers.

What It Means for Buyers and Sellers

Pre-approval and acting promptly are the most important factors for buyers. Hesitation can mean missing out when inventory is tight. Presentation and accurate pricing are the most influential factors for sellers. Overpricing in this type of market is unlikely to give you multiple offers. Instead, it’s likely to mean additional days on the market and price reductions.

Planning to buy a home? Interested in putting your home on the market? Contact Houlihan and O’Malley to speak with one of our experienced local agents.