Milton Coste

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NYC Neighborhood Comparison

Fordham vs Pelham Gardens

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Bronx|Bronx

Fordham

Bronx

Pelham Gardens

Bronx

How They Compare

For buyers focused on affordability, Fordham has the lower median sale price at $662K vs $730K in Pelham Gardens.

Investors analyzing rental yield will find Fordham offers a stronger rent-to-price ratio based on current market data.

Median Sale Price
$662K
$730K
Median Rent
$2K
$2K
Active Listings
19
1
Avg Days on Market
0 days
0 days
YoY Price Change
0.0%
+4.3%
Monthly Sales Volume
6
4

Detailed Comparison

MetricFordhamPelham Gardens
Median Sale Price$662,107$730,000
Median Condo PriceN/AN/A
Median Co-op PriceN/AN/A
Median Rent$2,014.5$1,875
Active Listings191
Rental Inventory202
Days on Market00
Price Cut Share15.8%0.0%
Monthly Sales Volume64
YoY Price Change0.0%+4.3%
YoY Rent Change+0.9%0.0%
YoY Inventory Change+46.2%-80.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Fordham moved 0.0% over the past year, compared to +4.3% in Pelham Gardens. The +4.3% gain in Pelham Gardens reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Fordham

Fordham centers on the Grand Concourse and Fordham Road, one of the Bronx's busiest commercial corridors, with six-story Art Deco apartment buildings, prewar walk-ups, and brick rowhomes lining the surrounding residential streets. The B and D trains at Fordham Road, the 4 train on the Jerome Avenue Line, and Metro-North at Fordham Station provide multiple transit options. The New York Botanical Garden's 250 acres and the Bronx Zoo border the neighborhood, and Fordham University's Gothic campus occupies the historic Rose Hill Manor at its center.

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Pelham Gardens

Pelham Gardens is a residential Bronx neighborhood of well-maintained single-family homes, two-family brick houses, and low-rise apartment buildings between Pelham Parkway and the Hutchinson River Parkway. The 5 train at Eastchester-Dyre Avenue and bus connections to the 6 train at Pelham Bay Park provide transit options. The tree-lined streets and generous setbacks give the area a distinctly suburban character.

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Transit Access

Fordham

No subway data available

Pelham Gardens

No subway data available

Active Listings

Fordham for sale

View all Fordham listings

Pelham Gardens for sale

View all Pelham Gardens listings

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.

Fordham vs Pelham Gardens: Home Price Resilience 2008-2020

From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Fordham and Pelham Gardens both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Outer-borough submarkets including Fordham and Pelham Gardens generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.

Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.

Metric (2026)FordhamPelham Gardens
Median Sale Price$662,107$730,000
Median Rent$2,014.5/mo$1,875/mo
Year-over-Year Price Change0.0%+4.3%
Average Days on Market0 days0 days
Distance to Nearest SubwayN/AN/A

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Is Fordham cheaper than Pelham Gardens?
Yes, Fordham has a lower median sale price at $662,107 compared to $730,000 in Pelham Gardens as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Fordham or Pelham Gardens?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Fordham or Pelham Gardens?
This depends on what type of home fits your household. Fordham and Pelham Gardens both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Fordham or Pelham Gardens?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Fordham and Pelham Gardens gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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