Riga, NY Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Riga, NY is $118,000, down 30.6% year-over-year. Homes sell in an average of 16 days with 2 active listings. The market is currently a balanced market.
$118,000median sale price
Homes sold
1
Last 12 weeks
Days on market
16
Fast-moving
Active listings
2
2.0 months supply
Sale-to-list
50.0%
Below asking
Riga, NY market data
| Metric | Value |
|---|---|
| Median sale price | $118,000 |
| Median list price | $189,900 |
| Year-over-year price change | -30.6% |
| Average days on market | 16 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 50.0% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Riga housing market is currently classified as a balanced market with a median sale price of $118,000. Prices have fallen 30.6% compared to last year, with homes spending an average of 16 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Riga
There are currently 2 homes listed for sale in Riga, New York. The median listing price is $190K.
Active listings
2
Homes on market
Median list price
$190K
Avg. days on market
16
Days until sale
New this week
1
Newly listed
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Frequently asked questions
What is the average home price in Riga?
The median home sale price in Riga is $118,000, down 30.6% from last year.
How long do homes stay on market in Riga?
Homes typically spend 16 days on market before going under contract.
Is Riga a buyer's or seller's market?
With 2.0 months of supply, Riga is currently a balanced market.
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