Bronx · New York, NY
2 active listings · Median $826K
Calculating market narrative...
A co-op-led submarket with softening rents, rising sale prices, and sale listings sitting longer than a year ago.
Median asking rent in Pelham Bay is $2,900/month, $400 below the 5-year high set in Jun 2026. Rents are down -9.4% year over year and +65.7% over the past 5 years. Median sale price stands at $826K, 13.5% below the 5-year high recorded in Jul 2026. Sale listings are clearing 240 days slower than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Sep 2026.
Pelham Bay is a Bronx neighborhood of single-family detached homes, two-family brick houses, and co-op apartment buildings near the 2,772-acre Pelham Bay Park, the largest park in New York City. The 6 train terminates at Pelham Bay Park station, providing direct subway access to Manhattan. Orchard B...
In my 25+ years selling real estate across New York City, I use this Pelham Bay data in real negotiations, not just for a web page.
Stations: Bus service available
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
Pelham Bay Park access and lower Bronx price points support steady buyer demand. Infrastructure investment continues to improve the area.
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Pelham Bay has 2 active listings for sale on the RLS/REBNY feed.
| Inventory & Activity | |
| Active Listings | 2 |
| Pending Sales | 2 |
| New This Week | 0 |
| New This Month | 1 |
| Avg DOM | 271 days |
| Price Cut Rate | 33.3% |
| Recent Sales | |
| Sold Last 30 Days | 0 |
| Sold Last 90 Days | 0 |
| Sale-to-List | 102.0% |
| Asking Prices | |
| Median Asking | $826,200 |
| Average Asking | $1,047,500 |
| Median $/SqFt | $373 |
| Median Condo Ask | $230,000 |
| Median Co-op Ask | $280,000 |
Based on active listings in Pelham Bay
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 0 | -- | -- |
| 1 Bedroom | 0 | -- | -- |
| 2 Bedrooms | 0 | -- | -- |
| 3+ Bedrooms | 2 | too few | $795K - $1.30M |
View active listings by size:
Properties in Pelham Bay
REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.
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Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Pelham Bay buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
Milton did a great job at helping me find my coop apartment that was the perfect fit for me. He explored the possibilities with the tours, gave me the information needed to know if I qualified for a mortgage and gave his experience with negotiating a price that I was comfortable with. He is personable, experienced and professional. I felt like I was being led in the right direction and I was. I would recommend his real estate services whole heartedly. Great experience with Milton!
Milton did an indispensable job assisting us with renting our condominium unit. As a first-time renter in NYC, I couldn’t have done it without Milton’s expertise and help. He was professional and communicative, and he really supported us through every step of the way, from the first tour to lease-signing to move-in. I mean this especially for the condo application process, which I had no experience with and which Milton took the time to guide us with, like compiling and informing us of exactly what materials we needed, what the timeline was gonna look like, walking us through the application site, letting us know about anything we missed filling out, etc. Super recommend Milton as your broker.
Quarterly report
Bronx Market Report, 2Q 2026
$400,000 median sale price. Download the full report
A comprehensive look at how the NYC real estate market performed in Q4 2025 and key trends to watch in the new year.
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Co-op listings on the Upper East and Upper West Side are sitting 60+ days as condo demand stays firm. Full borough-by-borough prices and forecasts.
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.
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Pelham Bay has 2 active listings for sale on the RLS/REBNY feed right now. Of those that list a bedroom count: 2 with three or more bedrooms.
The median sale price in Pelham Bay is $826K. Condos sit at a median of $230K and co-ops at $280K. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.
No. The median sale price in Pelham Bay is currently 13.5% below the 5-year high recorded in July 2026. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Pelham Bay have a median of 271 days on market (the time from listing to a signed contract, per StreetEasy). That is 240 days slower than the same point a year ago. Roughly 33.3% of active listings have recorded a price cut, suggesting some negotiating room.
Pelham Bay is currently tilting toward buyers. Median days on market is 271 days and roughly 33.3% of active listings have recorded a price cut, both indicating room to negotiate.
Pelham Bay offers both co-ops and condos. Co-ops are the higher-priced segment at a $280K median, with condos at $230K.
Roughly 5 homes change hands each month in Pelham Bay across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Pelham Bay is $2,900/month. Rents are down 9.4% year over year.
Median asking rent in Pelham Bay is currently $400 below the 5-year high set in June 2026. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Pelham Bay has risen 65.7% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Pelham Bay, median sale prices range across Schuylerville at $915K, Co-op City at $700K, Country Club at $550K, Parkchester at $275K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Pelham Bay is served by the Bus service. The commute to Midtown Manhattan runs roughly 158 minutes from Nearest bus stop.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Pelham Bay, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience and 1,100+ NYC property transactions across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals, and he works in English and Spanish. Direct: (917) 416-7433. Email: [email protected].
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and 1,100+ transactions across NYC. Whether you are buying, selling, or leasing in Pelham Bay, I will guide you every step of the way.
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