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Featured local agent — Ravena, NY
Sarah Mitchell
Compass Real Estate · Ravena, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ravena, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$120,500median sale price
How is the Ravena, NY housing market right now?
The median home sale price in Ravena, NY is $120,500, down 60.5% year-over-year. Homes sell in an average of 16 days with 4 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ravena a buyer's or seller's market?
Ravena, NY is currently a seller's market, based on 4.0 months of supply and homes selling in about 16 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
16
Fast-moving
Active listings
4
4.0 months supply
Sale-to-list
150.8%
Above asking
What does the Ravena housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $120,500 |
| Median list price | $239,900 |
| Year-over-year price change | -60.5% |
| Average days on market | 16 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 150.8% |
| Median price per sq ft | $60/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 5 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
The Ravena housing market is currently classified as a seller's market with a median sale price of $120,500. Prices have fallen 60.5% compared to last year, with homes spending an average of 16 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Ravena
There are currently 4 homes listed for sale in Ravena, New York. The median listing price is $240K.
Active listings
4
Homes on market
Median list price
$240K
Avg. days on market
16
Days until sale
New this week
5
Newly listed
Who lives in Ravena?
Population
3,256
Median income
$77,163/yr
Median age
45 years
Owner-occupied
73.5%
College grads
26.4%
Avg commute
28.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Ravena?
Zillow home value
$300,036
Zillow rent index
$1,200/mo
Price-to-rent ratio
20.8x
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Ravena?
Ravena is a community of approximately 3K residents with a median age of 45 years.The median household income is $77,163, which reflects a relatively affluent area with strong earning potential. 26.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 73.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ravena offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ravena?
2 schools tracked · 911 students
The largest public schools serving Ravena, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
RAVENA-COEYMANS-SELKIRK SENIOR HIGH SCHOOL
Grades 9-12 · 518 students
RAVENA-COEYMANS-SELKIRK MIDDLE SCHOOL
Grades 6-8 · 393 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Ravena, NY?
Want a head-to-head view? Compare Ravena side-by-side with any other U.S. city using our market-comparison tool.
Is Ravena a good real estate investment market?
For investors evaluating Ravena, the price-to-rent ratio of 20.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 60.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Ravena's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Ravena's median home price.
Frequently asked questions
What is the average home price in Ravena?
The median home sale price in Ravena is $120,500, down 60.5% from last year.
How long do homes stay on market in Ravena?
Homes typically spend 16 days on market before going under contract.
What is the median income in Ravena?
The median household income is $77,163 per year.
Is Ravena a buyer's or seller's market?
With 4.0 months of supply, Ravena is currently a seller's market.
What is the Zillow home value estimate for Ravena?
The Zillow Home Value Index (ZHVI) for Ravena is $300,036, representing the typical home value in the area.
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