Riverhead, NY Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Riverhead, NY is $580,000, up 8.4% year-over-year. Homes sell in an average of 50 days with 20 active listings. The market is currently a seller's market.
$580,000median sale price
Homes sold
9
Last 12 weeks
Days on market
50
Average pace
Active listings
20
2.2 months supply
Sale-to-list
98.8%
Below asking
Riverhead, NY market data
| Metric | Value |
|---|---|
| Median sale price | $580,000 |
| Median list price | $475,000 |
| Year-over-year price change | +8.4% |
| Average days on market | 50 days |
| Active inventory | 20 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 98.8% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Riverhead housing market is currently classified as a seller's market with a median sale price of $580,000. Prices have risen 8.4% compared to last year, with homes spending an average of 50 days on market, indicating 2.2 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 Riverhead
There are currently 20 homes listed for sale in Riverhead, New York. The median listing price is $475K.
Active listings
20
Homes on market
Median list price
$475K
Avg. days on market
50
Days until sale
New this week
9
Newly listed
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Frequently asked questions
What is the average home price in Riverhead?
The median home sale price in Riverhead is $580,000, up 8.4% from last year.
How long do homes stay on market in Riverhead?
Homes typically spend 50 days on market before going under contract.
Is Riverhead a buyer's or seller's market?
With 2.2 months of supply, Riverhead is currently a seller's market.
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