Home Prices Continued to Rise in January; Sales Volume Mixed in HGAR Region

WHITE PLAINS—The Hudson Gateway Association of Realtors released the area’s January 2026 year-over-year housing statistics on Thursday, Feb. 12, with sales prices rising in the region, fueled in part by continued tight inventory levels.

Westchester County closed January in a tight housing market. The month showed the median price for a single-family home is up 3.4% year-over-year to $915,000. There are only 1.8 months of inventory, down from 2.1 months in January 2025, while active listings are down 10% and closed sales are down 15%. The days on market remain low at 29, and 100% of the properties selling for the asking price or higher.

The Bronx is experiencing a more balanced housing market with 6.7 months of inventory. Single-family median home prices increased 4.5% year-over-year to $671,500. Active listings went up 7.3%, while closed sales rose slightly by 1%. Homes spent 54 days on the market in this area, and 98.4% sold for their original price.

The median sale price for Bronx condos rose 8% to $375K and by 9% to $262K for co-ops. Months of supply for condos and co-ops also increased 16% and 10%, respectively. New condo listings increased to 36, a 63% jump, while there were 100 new co-op listings, an increase of 6.4% in January 2026 compared to last year.

“Overall, the region remains in high demand, with all areas continuing to experience exceptional competition for homes,” 2026 HGAR President Rey Hollingsworth Falu said. “While markets across the country are experiencing a softening housing market, we continue to have a need for more homes to meet growing demands.”

Putnam County housing statistics indicate that homeowners are listing their homes more slowly than last year, with active listings down 8.6%. The data underscores the county's popularity, with only 1.7 months of inventory compared to 2.2 months in 2025 and closed sales up 32%. The median single-family home price went up 0.4% to $575,000.

Rockland County’s tight housing market has remained flat year-over-year with 2.5 months of inventory, and active listings up 8.4%. Homes were on the market 34 days, with 99% of the properties selling for the original price. Closed sales went down 0.6%, and the median price for a single-family home rose 0.9% to $750,000.

Orange County is a tight, yet more balanced housing market than the surrounding counties, with 3.1 months of inventory. Active listings declined by 5.7%, and closed sales declined by 2.2%. Homes stayed on the market for 47 days, and 98.8% sold for their original price, while the median single-family home increased by 3.2% to $490,000.

“Due to the tight housing market, buyers should be prepared to act quickly and be prepared to offer at or above current asking prices,” HGAR’s Falu said. “A Realtor can help buyers make strategic decisions during what can be a very emotional transaction process.”

January 2026 Year-Over-Year Median Price - All Property Types (Single-Family, Condo and Co-op)

• Westchester County: $692,500, down 1.1%
• Orange County: $450,000, up 8%
• The Bronx: $419,500, down 4.7%
• Putnam County: $575,000, up 7%
• Rockland County: $670,000, down 2.9%

NOTE: Link to ALL regional reports: Market Data | Hudson Gateway Association of REALTORS® Scroll down to 2026 Market Stats