What is the median home value in Westchester County, NY?

The median home value in Westchester County, NY is $638,400, according to the latest Census ACS 5-Year Estimates.

What is the cap rate in Westchester County, NY?

The cap rate proxy in Westchester County, NY is 4.4% (estimated from HUD Fair Market Rent and Census home values with a 35% expense ratio). This is below average, suggesting an appreciation-focused market.

How much new construction is happening in Westchester County, NY?

Westchester County has 996,888 residents and issued 1,461 building permits over the trailing twelve months, according to the Census Building Permits Survey.

New York-Newark-Jersey City, NY-NJ-PA · New York

Westchester County

996,888 residents1,461 permits TTM$118,411 median HHI74 ZIP codesUpdated April 28, 2026

Investor first look

Median home value

$638,400

ACS 5-Year

Cap rate proxy

4.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.0%

HUD FMR ÷ ACS HHI

Net migration

+1.97%

IRS SOI

Permits (TTM)

1,461

Census BPS

Climate risk

96.2

FEMA NRI (0–100)

ZIP code breakdown74 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
10547	—	—	—	3.9%	19.3%
10553	—	—	—	3.9%	19.3%
10601	—	—	—	8.5%	-39.9%
10511	—	—	—	3.9%	19.3%
10596	—	—	—	3.5%	19.3%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
—	—	—	6.2%	-12.2%
—	—	—	6.0%	-15.2%
—	—	—	6.0%	-30.6%
—	—	—	5.9%	-72.1%
—	—	—	5.6%	-30.9%
—	—	—	5.6%	-31.8%
—	—	—	5.5%	-9.4%
—	—	—	5.3%	-15.7%
—	—	—	5.0%	-21.9%
—	—	—	5.0%	0.5%
—	—	—	4.9%	-53.1%
—	—	—	4.8%	-12.9%
—	—	—	4.7%	-26.2%
—	—	—	4.6%	-14.0%
—	—	—	4.5%	-47.4%
—	—	—	4.4%	-22.0%
—	—	—	4.4%	-51.7%
—	—	—	4.2%	-39.9%
—	—	—	4.2%	-50.5%
—	—	—	4.2%	-11.9%
—	—	—	3.9%	-45.4%
—	—	—	3.9%	-36.8%
—	—	—	3.8%	19.3%
—	—	—	3.8%	-17.6%
—	—	—	3.8%	-89.9%
—	—	—	3.7%	19.3%
—	—	—	3.7%	-25.8%
—	—	—	3.5%	19.3%
—	—	—	3.5%	19.3%
—	—	—	3.5%	19.3%
—	—	—	3.5%	19.3%
—	—	—	3.5%	19.3%
—	—	—	3.5%	19.3%
—	—	—	3.5%	19.3%
—	—	—	3.5%	19.3%
—	—	—	3.5%	19.3%
—	—	—	3.5%	19.3%
—	—	—	3.5%	-13.9%
—	—	—	3.5%	19.3%
—	—	—	3.4%	19.3%
—	—	—	3.2%	19.3%
—	—	—	3.2%	19.3%
—	—	—	3.1%	19.3%
—	—	—	3.1%	-36.1%
—	—	—	2.9%	19.3%
—	—	—	2.8%	19.3%
—	—	—	2.8%	19.3%
—	—	—	2.8%	19.3%
—	—	—	2.7%	19.3%
—	—	—	2.7%	-113.9%
—	—	—	2.6%	19.3%
—	—	—	2.6%	-0.1%
—	—	—	2.5%	19.3%
—	—	—	2.5%	19.3%
—	—	—	2.4%	19.3%
—	—	—	2.3%	19.3%
—	—	—	2.2%	19.3%
—	—	—	2.2%	19.3%
—	—	—	2.1%	19.3%
—	—	—	2.0%	19.3%
—	—	—	2.0%	1.1%
—	—	—	1.9%	19.3%
—	—	—	1.6%	19.3%
—	—	—	1.6%	19.3%
—	—	—	1.5%	-141.4%
—	—	—	1.4%	19.3%
—	—	—	1.4%	19.3%
—	—	—	1.3%	19.3%
—	—	—	1.0%	19.3%

Demographics

Owner-occupied

62.2%

Census ACS

Vacancy rate

5.5%

Census ACS

Bachelor's degree +

52.5%

Census ACS

Rent burdened

49.9%

Census ACS (>30% income)

Median age

41.5

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 28, 2026

Westchester County

See all 74 ZIPs ranked by yield and cap rate