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Featured local agent — Riga, NY
Sarah Mitchell
Compass Real Estate · Riga, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Riga, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$360,000median sale price
How is the Riga, NY housing market right now?
The median home sale price in Riga, NY is $360,000, up 56.5% year-over-year. Homes sell in an average of 7 days with 3 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Riga a buyer's or seller's market?
Riga, NY is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 7 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
7
Fast-moving
Active listings
3
1.0 months supply
Sale-to-list
139.7%
Above asking
What does the Riga housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $360,000 |
| Median list price | $299,900 |
| Year-over-year price change | +56.5% |
| Average days on market | 7 days |
| Active inventory | 3 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 139.7% |
| Median price per sq ft | $263/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 7 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Riga by property type?
How the Riga, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $360,000 | $263/sq ft | 3 | 7 days |
| Condo / Co-op | $175,000 | $148/sq ft | 1 | 6 days |
| Townhouse | $170,000 | $176/sq ft | 1 | 144 days |
Source: Redfin · Updated monthly
The Riga housing market is currently classified as a strong seller's market with a median sale price of $360,000. Prices have risen 56.5% compared to last year, with homes spending an average of 7 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Riga
There are currently 3 homes listed for sale in Riga, New York. The median listing price is $300K.
Active listings
3
Homes on market
Median list price
$300K
Avg. days on market
7
Days until sale
New this week
7
Newly listed
Which cities are near Riga, NY?
Want a head-to-head view? Compare Riga side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Riga?
The median home sale price in Riga is $360,000, up 56.5% from last year.
How long do homes stay on market in Riga?
Homes typically spend 7 days on market before going under contract.
Is Riga a buyer's or seller's market?
With 1.0 months of supply, Riga is currently a strong seller's market.
What is the median condo price in Riga?
The median condo/co-op sale price in Riga, NY is $175,000, compared to $360,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Riga?
The median single-family home price in Riga, NY is $360,000 (about $263 per square foot).
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