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Housing in Armonk

A typical Armonk home is worth about $1,751,000

Up 7.1% in a year, 232% above the New York typical home.

Typical home value
$1.75M
▲ 7.1% in a year · NY $527K
Zillow
Median sale price
$1.44M
May 2026 · Redfin
Homes sold
3
in May · 18 for sale
2-bedroom rent
$3,760
a month, utilities in · HUD
Median tax bill
$10,001
NY $6,582

Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Armonk?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 7.6 years of income

More than across New York (6.1 years). Try your own numbers below.

You could afford about
$891,000
Typical Armonk home $1.75M

That’s $860K short of a typical Armonk home.

The typical home, each month
$10,540
Loan $8,670Tax $1,360Insurance $510

A two-bedroom rents for about $3,760 a month here, $6,780 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Armonk’s typical property tax (0.93% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Up 26.6% in five years

About the same pace as New York (29.5%).

ArmonkNew York
$200K$300K$400K$500K$600K$700K$800K$900K$1M$1.1M$1.2M$1.3M$1.4M$1.5M$1.6M$1.7M$1.8M20182020202220242026
Show as a table
JanuaryArmonkNew York
2017$1,273,000$298,000
2018$1,282,000$317,000
2019$1,244,000$337,000
2020$1,222,000$353,000
2021$1,258,000$379,000
2022$1,438,000$417,000
2023$1,560,000$437,000
2024$1,466,000$458,000
2025$1,591,000$489,000
2026$1,688,000$510,000
August 2026$1,751,000$527,000
Then & now

A typical Armonk home worth $1.25M in September 2016 is worth about $1.75M today.

+$502K
+7.1%
past year
+26.6%
past 5 years
+40.1%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Renting

A two-bedroom rents for about $3,760

Renters already here pay a median of $3,138, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$3,250
1 bedroom$3,400
2 bedrooms$3,760
3 bedrooms$4,680
4 bedrooms$5,070
12%
of households rent · NY 46%
160
renter households
24%
of renters spend 30%+ of income on rent · NY 52%
20%
of the median income, for a two-bedroom
$3,138
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (New York, NY HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

88% of Armonk households own their home

Half of Armonk’s homes were built before 1989.

Owners and renters
Own 88%Rent 12%

New York: 54% own.

1989
typical home built · NY 1959
$10,001
median property tax bill · NY $6,582
0.93%
of a home’s value, a year in tax · NY 1.55%

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Armonk vs. its neighbors

Armonk is the 2nd priciest of 4 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Armonk$1.75M+7.1%$3,760—$230,357
North Castle$1.09M*+7.5%†$3,8608$208,156
Greenwich$2.38M+13.7%$2,95065$206,130
New Castle$1.04M*+11.8%†$3,6204$250,001

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Armonk buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Armonk still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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