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New York Community Guide

Rye, NY

Population 16,500 · Median home value $1,875,000 · 31 active listings

Rye is a mid-sized community of roughly 16,500 residents in New York, with a luxury price point at the top end of the residential market.

Key figures for Rye, NY
StateNew York
Population16,500
Median home value$1,875,000
Active listings31
Median across New York communities we track$630,000

The Rye housing market

At $1,875,000, the median home value here runs roughly 198% above the median across the 26 communities we track in New York — this is one of the more expensive addresses in the state.

Roughly 31 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want.

Current listings for Rye are maintained on the following site:

These are external sites operated independently of 1PropertyHub. We do not control their listings, pricing, or availability, and we are not a party to any transaction arising from them.

Buying in Rye

At the top of the market, comparable sales are scarce and each property is genuinely distinct. Valuation ranges widen, appraisals become less predictable, and negotiation depends more on motivation than on comps.

Before you make an offer, work out what the monthly payment actually looks like at this price level. Our mortgage calculator includes property tax, insurance, and mortgage insurance rather than just principal and interest, and the affordability calculator solves backwards from your income to a purchase price a lender would support. If you are weighing a purchase against continuing to rent, the rent vs buy calculator accounts for transaction costs on both ends.

Investing in Rye

For rental investors, the questions here are rent-to-price ratio, the property tax burden, insurance cost, and the depth of the tenant pool at this population size. Underwrite with honest vacancy, management, maintenance, and capital reserves rather than rent minus mortgage — see our cash flow calculator and the rental underwriting guide. Verify short-term rental rules with the municipality before assuming any STR strategy will be permitted.

Nearby communities in New York

Frequently asked questions

What is the median home value in Rye, NY?

The median home value in Rye is approximately $1,875,000. At $1,875,000, the median home value here runs roughly 198% above the median across the 26 communities we track in New York — this is one of the more expensive addresses in the state. Values move with the market and vary widely by neighborhood, condition, and lot — treat this as a starting point and verify against recent closed sales before pricing an offer.

How many homes are for sale in Rye?

There were roughly 31 active listings at last count. Roughly 31 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want. For current inventory, see Luxury homes for sale in Rye.

What should I know before buying in Rye?

At the top of the market, comparable sales are scarce and each property is genuinely distinct. Valuation ranges widen, appraisals become less predictable, and negotiation depends more on motivation than on comps. Beyond the property itself, confirm the property tax rate and any exemptions with the county assessor, and get an insurance quote before you are under contract — both vary far more by location than buyers expect. Our New York state guide covers closing practice and property law.