Eastchester, New York Housing Market Prices
Eastchester Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 97% below the New York median$14,458
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Median rent 36% above the New York median$2,210
Housing Market Overview
| Metric | Eastchester | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $14,458 | $471,885 | $248,835 |
| Price Trend (Annual %) | -25.7% | 7.1% | 7.5% |
| Median Gross Rent | $2,210 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Eastchester is about 97% lower than in New York. Rent is about 36% higher than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Eastchester: home prices fell about 25.7% a year while rent rose about 3.4% a year. That is an unusual pattern worth watching.
Median rent in Eastchester rose about 34.2% between 2015 and 2024, from $1,647 to $2,210. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 0.1 yearly household incomes in Eastchester.
Buying the median-priced home in Eastchester costs roughly 0.5 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Eastchester. The price-to-rent ratio in New York is about 24.3.
| Metric | Eastchester | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $14,458 | $471,885 | $248,835 |
| Median Household Income | $159,776 | $86,556 | $80,455 |
| Price-to-Income Ratio | 0.1 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Eastchester fell about 97.4%, while median household income rose about 59.7% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Eastchester | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 77.0% | 48.8% | 58.5% |
| Rental Rate | 18.8% | 41.1% | 31.2% |
| Vacancy Rate | 4.2% | 10.1% | 10.2% |
| Median Tenure (years) | 17.0 | 17.0 | 15.0 |
| Median Year Moved In | 2009 | 2009 | 2011 |
Eastchester has a homeownership rate of 77.0%, higher than the New York average of 48.8%. Its housing vacancy rate is 4.2%, compared with 10.1% in New York.
Housing Stock
| Metric | Eastchester | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.64 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1953 | 1960 | 1978 |
| Median Number of Rooms | 5.8 | 5.0 | 5.5 |
The typical housing unit in Eastchester was built around 1953. On average, 2.6 people live in a home with about 5.8 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Eastchester, New York.
What is the median home price in Eastchester, New York?
The median home price in Eastchester, New York is $14,458, lower than the New York average of $471,885.
What is the average home price in Eastchester, New York?
The typical home price in Eastchester, New York, reported as the median sale price, is $14,458. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Eastchester, New York?
The median gross rent in Eastchester, New York is $2,210 per month, higher than the New York average of $1,621.
What was the median gross rent in Eastchester in 2020?
In 2020, the median gross rent in Eastchester, New York was $1,927 per month.
What is the price-to-rent ratio in Eastchester, New York?
The price-to-rent ratio in Eastchester, New York is about 0.5, meaning it would take roughly 0.5 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Eastchester.
Are home prices or rent rising faster in Eastchester, New York?
Home prices and rent are moving in opposite directions in Eastchester: home prices fell about 25.7% a year while rent rose about 3.4% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Eastchester, New York?
77.0% of households in Eastchester, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Eastchester, New York?
The housing vacancy rate in Eastchester, New York is 4.2%, lower than the New York average of 10.1%.
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