Is North Riverdale, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Riverdale is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, North Riverdale was a Neutral Market.

Key Takeaway

North Riverdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Riverdale, NY

How much do homes in North Riverdale, NY cost?

Median Sold Price

$324,000

$317/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,500(+2.0%)

Key Takeaway

Homes in North Riverdale have sold for 2% more than they did a year ago.

Summary: The median home sold price in North Riverdale was $324,000 in November 2024, up 2% from last year, and the median price per square foot was $317.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $227.5K$225.5K
-0.9%
2 $321.5K$355K
+10.4%
3 $742.5K$595K
-19.9%
4 $1.1M$962.5K
-12.5%
5+ $1.1M$1.3M
+17.8%

Summary: North Riverdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 19.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 17.8%.

Median Sold Price Compared To Nearby Neighborhoods

Riverdale
+2.7%
North Riverdale
+2.0%

Housing Supply in North Riverdale, NY

How many homes are available in North Riverdale, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6563-3.1%

Summary: The North Riverdale real estate market had 63 homes for sale in November 2024, a 3.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2626
0.0%
2 2222
0.0%
3 86
-25.0%
4 44
0.0%
5+ 55
0.0%

Summary: The North Riverdale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Riverdale, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in North Riverdale in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.

Days on Market for North Riverdale, NY

How long does it take to sell a home in North Riverdale, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
123 Days36 Days-70.7%

Summary: Homes in North Riverdale had an average of 36 days on market in Nov 2024, down by 70.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Riverdale has remained consistent over time.

Summary: During November 2024, 5 homes were sold in North Riverdale; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in North Riverdale, NY

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