$949 Closing Credit*
$79,900
1,098 SqFt
3 Beds
•1 Full Bath
Sonya L Jindra, Listing Office: WNY Metro Roberts Realty
Is Riverside Park, 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, Riverside Park has remained a Seller's Market.
Key Takeaway
Riverside Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riverside Park, NY
How much do homes in Riverside Park, NY cost?
Median Sold Price
$165,000
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+10.0%)
Key Takeaway
Homes in Riverside Park have sold for 10% more than they did a year ago.
Summary: The median home sold price in Riverside Park was $165,000 in November 2024, up 10% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $92.5K | $132K | +42.7% |
| 3 Bedrooms | $147.5K | $150K | +1.7% |
| 4 Bedrooms | $162.5K | $165K | +1.5% |
| 5+ Bedrooms | $190K | $187.6K | -1.3% |
Summary: Riverside Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.7%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Riverside Park | $150K | $165K | +10.0% |
| Black Rock | $126K | $138.5K | +9.9% |
Housing Supply in Riverside Park, NY
How many homes are available in Riverside Park, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 40 | -27.3% |
Summary: The Riverside Park real estate market had 40 homes for sale in November 2024, a 27.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 18 | 12 | -33.3% |
| 4 Bedrooms | 20 | 13 | -35.0% |
| 5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The Riverside Park 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 33.3%, 4 bedroom homes decreased by 35%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Riverside Park, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Riverside Park in November 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for Riverside Park, NY
How long does it take to sell a home in Riverside Park, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 28 Days | +116.4% |
Summary: Homes in Riverside Park had an average of 28 days on market in Nov 2024, up by 116.4% compared to last year.
Breakdown of Home Sale Times
7 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 Riverside Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Riverside Park; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
