Brokers — List your Company Here
Featured local agent — Riverhead, NY
Sarah Mitchell
Compass Real Estate · Riverhead, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Riverhead, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$470,000median sale price
How is the Riverhead, NY housing market right now?
The median home sale price in Riverhead, NY is $470,000, down 11.0% year-over-year. Homes sell in an average of 42 days with 25 active listings. The market is currently a 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 Riverhead a buyer's or seller's market?
Riverhead, NY is currently a seller's market, based on 2.5 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
42
Average pace
Active listings
25
2.5 months supply
Sale-to-list
100.0%
Above asking
What does the Riverhead housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $470,000 |
| Median list price | $639,000 |
| Year-over-year price change | -11.0% |
| Average days on market | 42 days |
| Active inventory | 25 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $364/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 11 |
| Listings with a price cut | 20.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Riverhead by property type?
How the Riverhead, 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 | $525,000 | $381/sq ft | 6 | 42 days |
| Condo / Co-op | $470,000 | $359/sq ft | 4 | 36 days |
| Townhouse | $570,000 | $380/sq ft | 1 | 35 days |
Source: Redfin · Updated monthly
The Riverhead housing market is currently classified as a seller's market with a median sale price of $470,000. Prices have fallen 11.0% compared to last year, with homes spending an average of 42 days on market, indicating 2.5 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 7.6x provides context for how home values compare to local earning capacity.
Homes for sale in Riverhead
There are currently 25 homes listed for sale in Riverhead, New York. The median listing price is $639K.
Active listings
25
Homes on market
Median list price
$639K
Avg. days on market
42
Days until sale
New this week
11
Newly listed
Who lives in Riverhead?
Population
15,073
Median income
$83,521/yr
Median age
44.1 years
Owner-occupied
60.7%
College grads
18.0%
Avg commute
27.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Riverhead?
Zillow home value
$637,468
Zillow rent index
$3,826/mo
Price-to-rent ratio
13.9x
Price-to-income
7.6x
Source: Zillow Research
What is it like to live in Riverhead?
Riverhead is a community of approximately 15K residents with a median age of 44.1 years.The median household income is $83,521, which reflects a relatively affluent area with strong earning potential. 18.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 60.7%, showing a blend of owner and renter-occupied properties. The average commute time is 27.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Riverhead offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Riverhead?
6 schools tracked · 4,581 students
The largest public schools serving Riverhead, 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.
RIVERHEAD SENIOR HIGH SCHOOL
Grades 9-12 · 1,986 students
RIVERHEAD MIDDLE SCHOOL
Grades 6-8 · 789 students
PULASKI STREET ELEMENTARY SCHOOL
Grades 5-6 · 745 students
PHILLIPS AVENUE SCHOOL
Grades PK-4 · 654 students
ROANOKE AVENUE SCHOOL
Grades K-4 · 401 students
SUFFOLK COUNTY SHERIFFS OFFICE
Grades 11-12 · 6 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 Riverhead, NY?
Want a head-to-head view? Compare Riverhead side-by-side with any other U.S. city using our market-comparison tool.
Is Riverhead a good real estate investment market?
For investors evaluating Riverhead, the price-to-rent ratio of 13.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 11.0% 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 Riverhead's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Riverhead's median home price.
Frequently asked questions
What is the average home price in Riverhead?
The median home sale price in Riverhead is $470,000, down 11.0% from last year.
How long do homes stay on market in Riverhead?
Homes typically spend 42 days on market before going under contract.
What is the median income in Riverhead?
The median household income is $83,521 per year.
Is Riverhead a buyer's or seller's market?
With 2.5 months of supply, Riverhead is currently a seller's market.
What is the Zillow home value estimate for Riverhead?
The Zillow Home Value Index (ZHVI) for Riverhead is $637,468, representing the typical home value in the area.
What is the median condo price in Riverhead?
The median condo/co-op sale price in Riverhead, NY is $470,000, compared to $525,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Riverhead?
The median single-family home price in Riverhead, NY is $525,000 (about $381 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Riverhead, NY
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Riverhead market alerts
Weekly updates on prices, inventory, and trends. Free forever.