Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$503,721+5.8% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 12% have cut their price
Income needed to buy, per year$109,196About 2.3× the local median income ($46,486): hard to afford
Days on market79 daysAbout the same pace as a year ago
Next 12 months+2.8%Zillow expects prices to rise slightly
The typical home in Bronx County, NY is worth $503,721, up 5.8% from a year ago. That is well below what local incomes have historically supported: fair value is about $579,325, so the area is 13.1% undervalued. It is a balanced market: homes take about 79 days to sell, listings are up 10% from a year ago, 12% of listings have had a price cut. Zillow expects prices to rise about 2.8% over the next year. A household needs about $109,196 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $46,486. Typical rent is $2,823 a month, or $2,758 for a house. In the latest IRS figures, 31,100 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$503,721
Change in 1 year
+5.8%
Overvalued %
−13.1%
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Fair home value
$579,325
Change in 5 years
−4.6%
Zillow forecast, next 12 months
+2.8%
Home value to income
10.8×
Monthly mortgage payment (20% down)
$2,730
Income needed to afford it
$109,196
Property tax rate
1.03%
Rent and investing
Typical rent
$2,823
Typical rent for houses
$2,758
Price-to-rent ratio
14.9×
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HUD Fair Market Rent, 2 bedrooms
$2,971
Gross rental yield
6.72%
Cap rate (estimate)
4.37%
Market activity
Listings vs a year ago
+9.5%
Days on market
79
Listings with a price cut
12.5%
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Homes for sale
1,114
Pending sales per 100 listings
17
Asking price per sq ft
$360
People and jobs
Median household income
$46,486
Population change (1 year)
+0.0%
Unemployment rate
11.4%
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Population
1,406,332
Income adjusted for cost of living
$41,284
Net moves in (IRS)
−31,100
Cost of living (US = 100)
112.6
Schools, risk and environment
School rating (1 to 10)
4.1
FEMA hazard risk score (0 to 100)
98.3
Unhealthy air days a year
8
Show 4 more
Flood risk score
98.5
Wildfire risk score
2.4
Walkability (1 to 20)
13.1
Road, rail and air noise
55 dB
Questions people ask
Is Bronx County, NY overvalued?
Home prices in Bronx County, NY are well below what local incomes have historically supported: fair value is about $579,325, so the area is 13.1% undervalued.
Is Bronx County, NY a buyer's or seller's market?
Bronx County, NY is a balanced market: homes take about 79 days to sell, listings are up 10% from a year ago, 12% of listings have had a price cut.
Are home prices going down in Bronx County, NY?
Home values in Bronx County, NY are up 5.8% over the last year. Zillow's forecast for the next 12 months is +2.8%.
How much do you need to earn to buy a home in Bronx County, NY?
A household needs about $109,196 a year to afford the typical home in Bronx County, NY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $46,486.