December 7, 2022

The town of Rye is located within Westchester County and has two villages, Port Chester and Rye Brook, within it but is also separate from the city of Rye. A peaceful place to raise a family, the area has miles of beautiful coastline along Long Island Sound.

The average wage in the town of Rye is $143,810, and the main industries include public administration, manufacturing, and wholesale trade. Residents can spend time enjoying the restaurants and plethora of downtown shops.

Rye Playland is a well-known amusement park built in 1928 with rollercoasters and a waterfront view, and families also have access to 268 acres of parkland for relaxation, sports, games, and hiking. Commuters can arrive at Grand Central in just about 40 minutes via the Metro North.

Real Estate

Rye, New York has 60 active listings currently, and the median price for a home is $1.62 million, or $589 per square foot. Rentals in the surrounding region go for a median monthly fee of $5.4K. Sotheby’s offers luxury home showings in the Town of Rye, and these include penthouses, lake homes, villas, estates with acreage, and ski chalets.

14 homes sold last month, and prices have decreased 9.8% since September 2022.  The average property will spend just 48 days on the market before selling, and 100% of homes sell for their asking price.

Parents can send their younger children to Midland School or Milton School, both of which have a 9 out of 10 ranking on the Great Schools rubric. Older students can attend Rye Middle School with its rating of 8 or Rye High School that ranks 9 out of 10. A number of private schools are also available, such as Resurrection School and Rye Country Day School.

Sokol Group is in the business of helping homeowners whose annual assessments are too high by initiating the property tax grievance process on their behalf. Working with those in the Hudson Valley, Orange, Westchester, and Rockland counties, we invite you to reach out to us for more information.

Photo courtesy of user Pauk under the Creative Commons license as found on Wikipedia.