Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Inwood vs Pelham Parkway

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

Manhattan|Bronx

Inwood

Manhattan

Pelham Parkway

Bronx

How They Compare

Commuters have more transit options in Inwood, which is served by 2 subway lines compared to 0 in Pelham Parkway.

Median Sale Price
$484K
$0
Median Rent
$3K
$2K
Active Listings
40
9
Avg Days on Market
107 days
0 days
YoY Price Change
+32.6%
0.0%
Monthly Sales Volume
2
5

Detailed Comparison

MetricInwoodPelham Parkway
Median Sale Price$484,000$0
Median Condo PriceN/AN/A
Median Co-op Price$435,000N/A
Median Rent$3,000$1,850
Active Listings409
Rental Inventory1646
Days on Market1070
Price Cut Share12.5%13.3%
Monthly Sales Volume25
YoY Price Change+32.6%0.0%
YoY Rent Change+20.0%+5.7%
YoY Inventory Change0.0%-47.1%
Subway Lines1 AN/A

Year-Over-Year Price Movement

Prices in Inwood moved +32.6% over the past year, compared to 0.0% in Pelham Parkway. The +32.6% gain in Inwood reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Inwood

Inwood is Manhattan's northernmost neighborhood, offering a lush and hilly landscape that feels worlds away from the city's concrete canyons. Home to Inwood Hill Park, the last remaining natural forest in Manhattan, the area is a haven for nature lovers. The real estate market is known for providing some of the best value in the borough, featuring spacious Art Deco cooperatives and historic pre-war buildings with views of the Hudson and Harlem Rivers.

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Pelham Parkway

Pelham Parkway features six- and seven-story prewar Art Deco and Renaissance Revival apartment buildings with terra-cotta facades and ornate entryways, alongside detached houses on residential side streets. The 2 and 5 trains at Pelham Parkway and Bronx Park East stations connect to Manhattan, and the neighborhood borders the Bronx Zoo and New York Botanical Garden.

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Transit Access

Inwood

1A

Inwood-207 St (A) — 0.1 mi

207 St (1) — 0.2 mi

215 St (1) — 0.3 mi

Dyckman St (1 A) — 0.3 mi

Pelham Parkway

No subway data available

Active Listings

Inwood for sale

View all Inwood listings

Pelham Parkway for sale

View all Pelham Parkway 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.

Inwood vs Pelham Parkway: 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. Inwood and Pelham Parkway both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Inwood tracked the more resilient Manhattan price path with a 10% to 15% peak-to-trough decline, while Pelham Parkway moved closer to the broader NYC metro pattern of a 20% to 25% retracement before recovering through 2017.

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

Metric (2026)InwoodPelham Parkway
Median Sale Price$484,000$0
Median Rent$3,000/mo$1,850/mo
Year-over-Year Price Change+32.6%0.0%
Average Days on Market107 days0 days
Distance to Nearest Subway0.09 miN/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 Inwood cheaper than Pelham Parkway?
Median sale price data is not yet available for one or both neighborhoods. Contact Milton for a current market analysis.
Which has better transit, Inwood or Pelham Parkway?
Inwood has access to 2 subway lines and Pelham Parkway has 0, making Inwood the stronger option for transit access. Pelham Parkway has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Inwood or Pelham Parkway?
This depends on what type of home fits your household. Inwood and Pelham Parkway 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 Inwood or Pelham Parkway?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Inwood and Pelham Parkway 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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