$1,398,000
2,400 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Coldwell Banker American Homes
October 2024
Report Updated 16 Days Ago
Is Riverhead, 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, Riverhead has remained a Seller's Market.
How much do homes in Riverhead, NY cost?
$584,375
$347/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Riverhead was $584,375 in October 2024, up 3.3% from last year, and the median price per square foot was $347.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $364K | $422.5K | +16.1% |
2 Bedrooms | $430K | $450K | +4.7% |
3 Bedrooms | $569K | $599.5K | +5.4% |
4 Bedrooms | $725K | $750K | +3.4% |
5+ Bedrooms | $720K | $847K | +17.6% |
Summary: Riverhead housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.1%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 17.6%.
Brookhaven | $480.3K | $542.2K | +12.9% |
Riverhead | $565.6K | $584.3K | +3.3% |
Southold | $999.9K | $999.9K | 0.0% |
How many homes are available in Riverhead, NY?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
188 | 203 | +8.0% |
Summary: The Riverhead real estate market had 203 homes for sale in October 2024, a 8.0% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 3 | +100.0% |
2 Bedrooms | 59 | 64 | +8.5% |
3 Bedrooms | 57 | 68 | +19.3% |
4 Bedrooms | 53 | 49 | -7.5% |
5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Riverhead housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 19.3%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes remained the same.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
26 | 36 | +38.5% |
18 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Riverhead in October 2024, up by 38.5% month-over-month. Of the 36 sold homes, 50% were sold under asking, 19% were sold at asking, and 31% were sold over asking.
How long does it take to sell a home in Riverhead, NY?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
43 Days | 54 Days | +24.7% |
Summary: Homes in Riverhead had an average of 54 days on market in Oct 2024, up by 24.7% compared to last year.
12 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During October 2024, 36 homes were sold in Riverhead; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% 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 16 Days Ago
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Based on information from OneKey MLS, Elmira-Corning Regional Association of REALTORS® MLS, and Global MLS for the period 11/01/2022 - 11/01/2024
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/17/2024, 3:11:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.
2024 © Elmira-Corning Regional Association of Realtors® Multiple Listing Service
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/17/2024, 3:03:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Copyright © 2024 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/17/2024, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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