Market Overview
Home Prices in Larchmont, NY
The median home value in Larchmont, NY is $1,761,206 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.5% compared to a year ago and up 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Larchmont are priced330% above average. Larchmont is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Larchmont home values have risen by approximately44.1%, reflecting strong long-term appreciation in this market.
Price History
Larchmont Home Price Trend
City Comparison
Larchmont vs. National Median
At $1,761,206, homes in Larchmont cost 330% above the national median of $410,000. Buyers in Larchmont should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Larchmont?
20% Down Payment
$352,241
on $1,761,206
Monthly P&I
$9,185/mo
30-yr @ 6.8%
Total Monthly Est.
~$11,665/mo
incl. taxes & insurance
Income Needed
$466,600
gross annual (30% rule)
10% Down Option
$176,121
+ PMI applies
Loan Amount (20% dn)
$1,408,965
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Larchmont, NY?
The median home value in Larchmont is $1,761,206 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.5% year-over-year.
How much have home prices changed in Larchmont?
Over the past year, home values in Larchmont have increased by 11.5%. Over five years, prices have risen approximately 44.1%.
How much do I need to earn to buy a home in Larchmont?
To comfortably afford the median home price of $1,761,206 with a 20% down payment ($352,241) at today's rates (6.8%), you'd need a gross annual income of approximately $466,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Larchmont compare to the national average home price?
The national median home value is approximately $410,000. At $1,761,206, homes in Larchmont are 330% above the national average.
What metro area is Larchmont part of?
Larchmont is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.