Richmond County, NY Home Values & Market Trends
The median home price in Richmond County, NY is $694,002.24. There were 4,341 home sales in Richmond County, NY over the past 12 months. The median residential Richmond County, NY home value for transactions over the previous year is $619,212.238. The number of current listings in Richmond County, NY is 714, and the percentage of properties for sale is 714.00%. The county has 1,844 foreclosures, 42 bank owned properties, 67 headed for auction, and 714 properties for sale.
Richmond County, NY Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Staten Island | $ 685,366 $ 407/sqft |
Housing Market Summary for Richmond County, NY
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $719K | $697.5K | -2.99% |
| Median Sold Price | $674.7K | $697.5K | 3.39% |
| Homes For Sale | 677 | 680 | 0.44% |
| Homes Sold | 2,667 | 2,729 | 2.32% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Richmond County, NY
Browse Homes in Richmond County, NY
Richmond County, NY home values range from $22,672 to $17,100,730. Staten Island is the priciest city with a median listing home price of $729,999, and Staten Island is most affordable with average house prices of around $729,999.
- Pre-ForeclosurePre-foreclosure homes account for 1.47% of all residential properties in Richmond County, NY with Staten Island containing 1735 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within Richmond County, NY; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,948,172 in Staten Island to the lowest home value of $59,520 in Staten Island.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Richmond County, NY ranges from the highest value of $1,437,911 in Staten Island to the lowest value of $175,000 in Staten Island. Bank owned homes and properties account for 0.04% of properties in Richmond County, NY. There is 1 cities within Richmond County, NY; Staten Island containing 42 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsStaten Island has 67 auction properties, the highest number of properties going to auction in a single city in the state of Richmond County, NY. Auction homes and other auction properties account for 0.06% of all properties in Richmond County, NY. There is 1 cities within Richmond County, NY; of that cities, the median estimated home value for homes going to auction ranges from $1,646,362 in Staten Island to the lowest value of $231,186 in Staten Island.
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More Real Estate Resources for Richmond County, NY
Guide for Richmond County, NY
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.
