$4,263 Closing Credit*
$359,000
650 SqFt
1 Bed
•1 Full Bath
Listing Office: Keller Williams Legendary
Is Richmond County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Richmond County has remained a Buyer's Market.
Key Takeaway
Richmond County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Richmond County, NY
How much do homes in Richmond County, NY cost?
Median Sold Price
$681,000
$425/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$38,742(+6.0%)
Key Takeaway
Homes in Richmond County have sold for 6% more than they did a year ago.
Summary: The median home sold price in Richmond County was $681,000 in November 2024, up 6% from last year, and the median price per square foot was $425.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $338.8K | +14.8% |
| 2 Bedrooms | $450K | $500K | +11.1% |
| 3 Bedrooms | $630K | $670K | +6.3% |
| 4 Bedrooms | $770K | $828K | +7.5% |
| 5+ Bedrooms | $925K | $920K | -0.5% |
Summary: Richmond County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.8%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Counties
| Union County | $532.4K | $585.6K | +10.0% |
| Hudson County | $627K | $683K | +8.9% |
| Richmond County | $642.2K | $681K | +6.0% |
Housing Supply in Richmond County, NY
How many homes are available in Richmond County, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 477 | 415 | -13.0% |
Summary: The Richmond County real estate market had 415 homes for sale in November 2024, a 13.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 14 | -36.4% |
| 2 Bedrooms | 54 | 49 | -9.3% |
| 3 Bedrooms | 212 | 182 | -14.2% |
| 4 Bedrooms | 110 | 98 | -10.9% |
| 5+ Bedrooms | 79 | 72 | -8.9% |
Summary: The Richmond County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 36.4%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 14.2%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes decreased by 8.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 57 | -26.0% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Richmond County, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.
Summary: A total of 57 homes were sold or pending in Richmond County in November 2024, down by 26.0% month-over-month. Of the 57 sold homes, 61% were sold under asking, 11% were sold at asking, and 28% were sold over asking.
Days on Market for Richmond County, NY
How long does it take to sell a home in Richmond County, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 73 Days | 55 Days | -24.0% |
Summary: Homes in Richmond County had an average of 55 days on market in Nov 2024, down by 24% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Richmond County has remained consistent over time.
Summary: During November 2024, 57 homes were sold in Richmond County; 32% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services. 
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.