As homeownership increased, the percentage of renters in Rye Brook decreased from 23% in 2017 to 14% in 2022. Average rent prices showed volatility during this period. The average rent rose from $1,689 in 2017 to a peak of $2,072 in 2021, before decreasing to $1,890 in 2022. This fluctuation in rent prices, coupled with the declining renter population, indicates a shifting dynamic in the local rental market.

The average home price in Rye Brook reached $1,009,543 in 2023 and further increased to $1,076,552 in 2024. This represents a 12% increase from 2022 to 2024. Simultaneously, the federal interest rate rose to 5.02% in 2023 and 5.33% in 2024, marking a significant increase from previous years. Despite these higher interest rates, the continued rise in home prices suggests strong demand for housing in Rye Brook.

Predictive models forecast that average home prices in Rye Brook will continue to rise, potentially reaching around $1,300,000 by 2029. This projection is based on the consistent upward trend observed over the past decade and the area's sustained desirability. For average rent prices, a more moderate increase is expected, potentially reaching approximately $2,200 by 2029, assuming the rental market stabilizes and aligns with overall property value appreciation.

Rye Brook has demonstrated a strong trend towards homeownership, with a significant increase in both the percentage of homeowners and average home prices. The village has shown resilience in its housing market, with property values continuing to rise even in the face of increasing interest rates. The rental market, while experiencing some fluctuations, has generally seen an upward trend in prices. These trends collectively paint a picture of Rye Brook as a desirable residential area with a robust and growing housing market.