Housing Prices in South Richmond Hill, NY

How much do homes in South Richmond Hill, NY cost?

Median List Price

$829,000

$507/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$39,000(+4.9%)

Key Takeaway

The list price of homes in South Richmond Hill has increased by 4.9% since last year.

Summary: The median home list price in South Richmond Hill was $829,000 in November 2024, up 4.9% from the previous year, and the median price per square foot was $507.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $599K$646K
+7.8%
3 $699.2K$725K
+3.7%
4 $797K$799K
0.3%
5+ $990K$1.1M
+14.9%

Summary: South Richmond Hill 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 7.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 14.9%.

Median List Price Compared To Nearby Cities

Queens
+6.4%
New York
+5.1%
South Richmond Hill
+4.9%

Housing Supply in South Richmond Hill, NY

How many homes are available in South Richmond Hill, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6367+6.3%

Summary: The South Richmond Hill real estate market had 67 homes for sale in November 2024, a 6.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1722
+29.4%
4 2219
-13.6%
5+ 2124
+14.3%

Summary: The South Richmond Hill 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 decreased by 33.3%, 3 bedroom homes increased by 29.4%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 14.3%.

Days on Market for South Richmond Hill, NY

How long does it take to sell a home in South Richmond Hill, NY?

Average Listing Age

Nov 2023Nov 2024CHANGE
210 Days122 Days-41.8%

Summary: Homes in South Richmond Hill had an average listing age of 122 days in Nov 2024, down by 41.8% compared to the previous year.

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

Report Updated 2 Days Ago

Newest Listings in South Richmond Hill, NY

Nearby Markets to South Richmond Hill, NY

What housing markets are near South Richmond Hill, NY?