Housing Insights for ZIP Code 10803 (Pelham, NY)

Housing Summary for ZIP Code 10803

Homeowners

The median home value in ZIP Code 10803 (Pelham, NY) is $786,300. Approximately 77.5% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.6%.

The average occupancy of owner-occupied units in ZIP Code 10803 is 3.14 occupants, while owner-occupied units have an aggregate average size of 3.32 bedrooms per housing unit.

Renters

In the 10803 ZIP Code, an estimated 22.5% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 10.2%.

Among renter-occupied units in this ZIP, the average occupancy is 3.01 occupants, while renters in this Westchester County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 10803

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 10803.

ZIP 10803 New York U.S.
Median Home Value $786,300 $487,737 $356,002
Owner-Occupied Housing Units 77.5% 53.9% 64.0%
Homeowner Vacancy Rate 0.6% 1.7% 1.6%
Average Size of Owner-Occupied Unit 3.14 2.74 2.70
Average # of Bedrooms Per Unit 3.32 2.48 2.75
Median Housing Rent $0 $1,280 $1,062
Renter-Occupied Housing Units 22.5% 46.1% 36.0%
Rental Vacancy Rate 10.2% 4.2% 6.0%
Average Size of Renter-Occupied Unit 3.01 2.41 2.49
Percent of Income Spent on Rent 0% 30.25% 29.83%

Home Values in ZIP Code 10803 (Pelham, NY)

The median home value in ZIP Code 10803 is $786,300. That median value is about 151% higher than the median home value of $313,700 in New York overall, and is 262% higher than the $217,500 the median home value in the entire U.S. In ZIP Code 10803, approximately 52.9% of homes are valued $500,000 to $999,999. That is 150% higher than in New York, in which 21.2% of homes are valued at $500,000 to $999,999, and is about 364% higher than in the U.S. overall (11.4% of homes valued at $500,000 to $999,999). The home value range that the smallest portion of ZIP Code 10803 homes fall into is $50,000 to $99,999 (0.3% of homes).

Home Values in ZIP Code 10803

This chart visualizes the breakdown of home values in ZIP Code 10803, New York, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 10803 vs. home values in both the state of New York and in the U.S. overall.

Home Values in ZIP Code 10803

See the table below for a regional comparison of home values in ZIP Code 10803.

Home Value ZIP 10803 New York U.S.
Less than $50,000 1.9% 4.4% 6.9%
$50,000 to $99,999 0.3% 9.9% 12.0%
$100,000 to $149,999 1.1% 10.8% 13.3%
$150,000 to $199,999 2.3% 9.6% 14.0%
$200,000 to $299,999 3.1% 13.6% 19.6%
$300,000 to $499,999 9.8% 22.9% 19.3%
$500,000 to $999,999 52.9% 21.2% 11.4%
$1,000,000 or more 28.6% 7.7% 3.4%

Home Ages in ZIP Code 10803 (Pelham, NY)

Approximately 64.1% of homes in this Pelham, NY region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 10803 is about 100% higher than percentage of homes built in this time period in New York overall (32.1% of homes), and is 409% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 14.2% of local homes were built in 1950 to 1959. On the other end of the scale, just 0.0% of homes in this Westchester County ZIP Code were built in 2010 to 2013 in ZIP Code 10803. In comparison, 1.6% of homes in New York overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 10803

A detailed regional comparison of home ages in ZIP Code 10803.

Year Built ZIP 10803 New York U.S.
2014 or later 0.0% 1.1% 2.5%
2010 to 2013 0.0% 1.6% 2.7%
2000 to 2009 2.4% 6.3% 14.0%
1990 to 1999 0.7% 6.2% 13.9%
1980 to 1989 3.2% 7.5% 13.4%
1970 to 1979 4.0% 9.9% 15.2%
1960 to 1969 5.8% 12.5% 10.6%
1950 to 1959 14.2% 14.7% 10.3%
1940 to 1949 5.6% 8.1% 4.9%
1939 or earlier 64.1% 32.1% 12.6%

Age of Homes in ZIP Code 10803

See the chart below for details on the age of homes in ZIP Code 10803, New York, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 10803

Frequently asked questions about housing in this Pelham, NY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 10803.

1

What is the average home value ZIP Code 10803?

The median home value in ZIP Code 10803 (Pelham, NY) is $786,300.
2

Are homes expensive in ZIP Code 10803?

The median home value in 10803 ($786,300) is an estimated 151% higher than the aggregate median value of $313,700 in New York, and is 262% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 10803?

The vacacy rate for owner-occupied housing in ZIP Code 10803 is 0.6%. This rate is 65% lower than the overall New York owner-occupied vacancy rate of 1.7%. Additionally, the 10803 vacancy rate is 63% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 10803 have older homes or newer construction?

In ZIP Code 10803, about 64.1% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 14.2% of homes in the region were built in 1950 to 1959. In contrast, 0.0% of homes in 10803 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 10803? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 10803 than renter-occupied housing. Owner-occupied units make up 77.5% of housing, compared to 22.5% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 10803?

The vacacy rate for rental units in ZIP Code 10803 is 10.2%. This rate is 143% higher than the overall New York vacancy rate of 4.2%. Additionally, the 10803 vacancy rate is 70% higher than the entire U.S. vacancy rate of 6.0%.