$4,038 Closing Credit*
$340,000
800 SqFt
1 Bed
•1 Full Bath
Listing Office: Brown Harris Stevens
Is Riverdale, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Riverdale has remained a Buyer's Market.
Key Takeaway
Riverdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Riverdale, NY
How much do homes in Riverdale, NY cost?
Median Sold Price
$375,000
$355/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,100(+1.4%)
Key Takeaway
Homes in Riverdale have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Riverdale was $375,000 in October 2024, up 1.4% from last year, and the median price per square foot was $355.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $262.5K | $270K | +2.9% |
| 2 Bedrooms | $401.2K | $375K | -6.5% |
| 3 Bedrooms | $569.2K | $675K | +18.6% |
| 4 Bedrooms | $1.2M | - | N/A |
| 5+ Bedrooms | $2.9M | $1.7M | -40.3% |
Summary: Riverdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 18.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 40.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Riverdale | $369.9K | $375K | +1.4% |
| North Riverdale | $325K | $325K | 0.0% |
| Spuyten Duyvil | $350.5K | $330K | -5.8% |
Housing Supply in Riverdale, NY
How many homes are available in Riverdale, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 147 | 146 | -0.7% |
Summary: The Riverdale real estate market had 146 homes for sale in October 2024, a 0.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 47 | 47 | 0.0% |
| 2 Bedrooms | 63 | 62 | -1.6% |
| 3 Bedrooms | 22 | 22 | 0.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Riverdale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 1.6%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Riverdale, expect to pay close to the asking price. 61.5% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Riverdale in October 2024, up by 18.2% month-over-month. Of the 13 sold homes, 15% were sold under asking, 62% were sold at asking, and 23% were sold over asking.
Days on Market for Riverdale, NY
How long does it take to sell a home in Riverdale, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 122 Days | 42 Days | -65.5% |
Summary: Homes in Riverdale had an average of 42 days on market in Oct 2024, down by 65.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Riverdale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Riverdale; 38% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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