Despite Sharpest Case Increase, The Bronx Remains Least Active Foreclosure Market In NYC

Published on April 05, 2024, 4:40 pm
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In Q1 2024, amidst a persistent housing crunch and soaring living costs, NYC’s foreclosure market showed resilience with a modest 14% annual increase and an 8% drop from the previous quarter.

The Bronx foreclosure market had its busiest period in 4 years, with its 43 cases representing a 72% increase year-over-year, the sharpest in NYC. Contrary to citywide trends, the borough also posts a 139% upsurge quarter-over-quarter. 

Other takeaways: 

  • Zip 10451 was the borough’s foreclosure epicenter with 29 filings, accounting for 67% of Bronx’s Q1 foreclosures;
  • NYC foreclosures tick up 14% Y-o-Y, registering 424 cases.

For more insights and market-specific data, check out our full report here.


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The PropertyShark blog covers real estate market trends, research reports, market studies, company and industry news, and many other real estate topics. It has become an established news source for industry professionals and journalists covering real estate and housing.

Jonas Bronck is the pseudonym under which we publish and manage the content and operations of The Bronx Daily.™ | - the largest daily news publication in the borough of "the" Bronx with over 1.5 million annual readers. Publishing under the alias Jonas Bronck is our humble way of paying tribute to the person, whose name lives on in the name of our beloved borough.