Larchmont is a bedroom community located approximately 18 miles away from midtown Manhattan, and it is nestled within Westchester County in the town of Mamaroneck. Commuters can easily arrive at Grand Central Station in 34 minutes via train, and boaters enjoy the use of various marinas and can choose from several yacht clubs.

Visitors and residents to the area have access to a thriving arts scene, a beautiful downtown, and scenic parks. In addition, there are tennis courts, local pools, skating rinks, golfing, and trails. Larchmont has the distinction of having been ranked #11 on CNN/Money magazine’s 100 Best Places to Live list.

Demographics

6,485 people live within Larchmont, and these are dispersed among 2,418 housing units at a density of 6,073 people per square mile on average. 38% of people have children under the age of 18, and 62% of homes are headed by a married couple.

6% of households are occupied by a single female householder with no husband present, and 10% of residents live alone and are above the age of 65. 29% of homes are made up of nonfamilies, and the average number of people living together is 2.66. The median age of somebody living in Larchmont is 38 years.

Real Estate

Larchmont currently has 63 homes available for purchase, and the median price is $954,500 or $447 per square foot, down 1.8% from 2019. Houses sell, on average, for 97.5% of the asking price, after one offer has been made, with an average down payment of 19.1%. 24 properties sold in the past month, and a home will typically stay on the market for an average of 88 days.

Sokol Group specializes in helping residents of Westchester, Rockland, Orange counties and those living in the Hudson Valley to lower their property tax bills. If you believe your assessment is too high, contact us today for assistance in initiating the property tax grievance process.

Photo courtesy of Wikipedia