New Rochelle Home Prices: $829K, Up 7.8% — 3 ZIPs Analyzed (2026)
$829,115. That is the typical home value in New Rochelle, NY as of February 2026, and the number is up 7.8% from a year ago. Prices have risen every single month in the past year.
Quick answer: The average home price in New Rochelle, NY is $829,115 as of February 2026, up 7.8% year over year according to Zillow.
Current Home Prices in New Rochelle
New Rochelle sits firmly in the upper tier of the New York metro housing market. The city’s three ZIP codes span a wide range, from just over $556K to nearly $1.17M.
| Metric | Value |
|---|---|
| Median home value | $829,115 |
| Year-over-year change | +7.8% |
| Lowest ZIP median | $556,219 |
| Highest ZIP median | $1,167,773 |
| Spread (high minus low) | $611,554 |
| ZIP codes analyzed | 3 |
| Metro area | New York-Newark-Jersey City |
The gap between the cheapest and priciest ZIP is more than $600,000. That is a larger spread than many mid-sized cities see across 20 ZIP codes.
New Rochelle’s price is roughly double the national median. It also tracks close to other Westchester County suburbs with similar Metro-North access.
Year-over-year growth of 7.8% outpaces the broader US market. If you are a buyer waiting for a pullback, the data does not show one forming.
New Rochelle Home Prices by Neighborhood
Three ZIPs cover the city. Each tells a different story.
| ZIP Code | Median Value | vs City Median | Median Rent |
|---|---|---|---|
| 10804 | $1,167,773 | +40.8% | — |
| 10801 | $763,351 | -7.9% | $2,762 |
| 10805 | $556,219 | -32.9% | — |
Most Expensive
10804 tops the list at $1,167,773. This ZIP is roughly 40% above the city median and pulls the overall average upward. It is the only ZIP in the city above $1 million.
Most Affordable
10805 is the entry point at $556,219 — about a third below the city median. For buyers priced out of central Westchester, this ZIP is the cheapest foothold in New Rochelle.
10801 sits in the middle at $763,351. It is the most populous ZIP and the only one with available rent data. Home values here run slightly below the city average but well above the metro norm.
Rent vs Buy in New Rochelle
Median rent in ZIP 10801 is $2,762 per month. That is the only ZIP with Zillow rent data reported.
Compare that to buying. A $763,351 home with 20% down leaves a $610,681 mortgage. At a 7% 30-year rate, principal and interest alone run around $4,060 per month. Add Westchester’s high property taxes plus insurance, and the monthly cost often clears $6,000.
That is more than twice the going rent.
| Scenario (ZIP 10801) | Monthly Cost (approx.) |
|---|---|
| Rent | $2,762 |
| Mortgage P&I, 20% down, 7% rate | ~$4,060 |
| Add taxes + insurance (Westchester typical) | $6,000+ |
Renting keeps you liquid. Buying builds equity but requires absorbing a steep monthly gap. If you plan to stay fewer than five or six years, the math favors renting in this market. Longer horizons shift the equation as rents rise and mortgage principal pays down.
Rent data is not available for ZIPs 10804 and 10805.
Population Growth and Migration
New Rochelle added 5,302 residents between 2020 and 2024, a 6.6% gain. Every year in that window saw population growth.
| Year | Population |
|---|---|
| 2020 | 80,210 |
| 2021 | 81,458 |
| 2022 | 82,520 |
| 2023 | 84,235 |
| 2024 | 85,512 |
That growth rate stands out against other New York cities. Most of upstate is flat or shrinking.
| City | 2024 Population | 4-Year Growth |
|---|---|---|
| New Rochelle | 85,512 | +6.6% |
| White Plains | 62,561 | +5.0% |
| Albany | 101,317 | +2.7% |
| Schenectady | 69,495 | +1.7% |
| Yonkers | 211,040 | 0.0% |
| Buffalo | 276,617 | -0.3% |
New Rochelle is the fastest-growing city in this comparison group. Yonkers, Albany, and Buffalo are all stagnant or losing residents.
Population growth tightens housing supply. You are seeing that effect in the price data — more demand hitting a fixed housing stock pushes medians higher.
New Rochelle Housing Market Trends
The monthly trend is a straight line up. Not one month showed a decline.
| Month | Median Value |
|---|---|
| February 2026 | $829,115 |
| January 2026 | $823,813 |
| December 2025 | $818,245 |
| November 2025 | $811,855 |
| October 2025 | $804,510 |
| September 2025 | $798,030 |
| August 2025 | $791,749 |
| July 2025 | $785,937 |
| June 2025 | $781,141 |
| May 2025 | $777,522 |
| April 2025 | $774,190 |
| March 2025 | $769,042 |
From March 2025 to February 2026, the median climbed $60,073. That is an average monthly gain of roughly $5,000.
The most recent three-month stretch added $10,870 — slightly faster than the 12-month pace. Momentum is not fading.
Is New Rochelle a Good Place to Buy in 2026?
This is a seller’s market by any measure.
Prices are up 7.8% year over year. Every monthly reading in the past year was higher than the one before. Population is climbing. Supply is limited to three ZIP codes in a high-demand commuter zone.
If you are buying, do not expect concessions. The data shows sellers holding pricing power across all three ZIPs. You may find more room to negotiate in ZIP 10805, where the $556K median puts you below what most Westchester towns offer.
If you are selling, conditions favor you. A home bought in March 2025 is worth roughly 7.8% more today.
For investors, the rent-to-price ratio in ZIP 10801 is weak. A $2,762 rent against a $763K value produces a gross yield around 4.3%. That is low compared to most US markets.
New Rochelle Housing Market Outlook for 2026-2027
The 3-month trend shows the median climbing about $5,400 per month. If that pace continues, New Rochelle crosses $850,000 by mid-2026.
Nothing in the monthly data suggests a reversal. The gains are steady, not volatile. Population keeps rising. No ZIP showed a price drop in any month tracked.
The next 3 to 6 months will most likely see more of the same: gradual price appreciation, limited inventory, and continued buyer demand from the New York metro commuter base.
Watch ZIP 10805 closely. If the cheapest ZIP shows any monthly dip, that would be the first real signal of softening. As of February 2026, it has not happened.
Similar Markets in NY
If New Rochelle is out of reach or you want to compare Westchester and upstate pricing:
- Yonkers — the nearby Westchester neighbor with a larger population base.
- Mount Vernon — another southern Westchester option bordering New Rochelle.
- White Plains — the county seat, with similar commuter-rail access.
- Albany — upstate capital with far lower pricing than Westchester.
- Buffalo — the cheapest major metro in the state for buyers.
Frequently Asked Questions
What is the average home price in New Rochelle?
The average home price in New Rochelle, NY is $829,115 as of February 2026. The figure is calculated across three ZIP codes using the Zillow Home Value Index, which tracks typical homes in the 35th to 65th percentile range.
Are home prices going up or down in New Rochelle?
Prices are up. The median rose 7.8% year over year, and the monthly trend shows 12 consecutive months of gains. From March 2025 to February 2026, the median added $60,073.
Is it cheaper to rent or buy in New Rochelle?
Renting is cheaper in the short term. Median rent in ZIP 10801 is $2,762, while the monthly cost of buying a typical $763K home there — with 20% down, a 7% rate, taxes, and insurance — runs above $6,000. Buying only wins once you hold long enough for appreciation and principal paydown to offset the gap.
What is the most affordable neighborhood in New Rochelle?
ZIP 10805 is the cheapest at $556,219. That is 33% below the city median and the only New Rochelle ZIP priced under the city average. It is the entry point for buyers trying to stay in the city limits.
Methodology
Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.