Market Overview
Home Prices in New Rochelle, NY
The median home value in New Rochelle, NY is $953,121 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.9% compared to a year ago and up 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Rochelle are priced132% above average. New Rochelle is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, New Rochelle home values have risen by approximately39.2%, reflecting strong long-term appreciation in this market.
Price History
New Rochelle Home Price Trend
City Comparison
New Rochelle vs. National Median
At $953,121, homes in New Rochelle cost 132% above the national median of $410,000. Buyers in New Rochelle should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in New Rochelle?
20% Down Payment
$190,624
on $953,121
Monthly P&I
$4,971/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,313/mo
incl. taxes & insurance
Income Needed
$252,520
gross annual (30% rule)
10% Down Option
$95,312
+ PMI applies
Loan Amount (20% dn)
$762,497
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 New Rochelle, NY?
The median home value in New Rochelle is $953,121 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.9% year-over-year.
How much have home prices changed in New Rochelle?
Over the past year, home values in New Rochelle have increased by 7.9%. Over five years, prices have risen approximately 39.2%.
How much do I need to earn to buy a home in New Rochelle?
To comfortably afford the median home price of $953,121 with a 20% down payment ($190,624) at today's rates (6.8%), you'd need a gross annual income of approximately $252,520. This assumes keeping total housing costs at or below 30% of gross income.
How does New Rochelle compare to the national average home price?
The national median home value is approximately $410,000. At $953,121, homes in New Rochelle are 132% above the national average.
What metro area is New Rochelle part of?
New Rochelle 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.