Riverhead Real Estate Market Trends
Market Overview for Quarter 4, 2024
Median Sale Price
-4.7% YoY
Median Price/Sqft
-1.3% YoY
No. of Transactions
-15.5% YoY
County Median Sale Price
17.9% YoY
In Q4, the median home sale price in Riverhead was $615K, a change of -4.7% year-over-year. There were a total of 82 transactions, down -15.5% compared to the same period last year. In Q4, the median price per square foot was $370, a change of -1.3% year-over-year. The median home sale price in Suffolk County was $690K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Suffolk County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | East Hampton | $2,203,000 |
| 2 | Southampton | $999,000 |
| 3 | Southold | $970,000 |
| 4 | Huntington | $780,000 |
| 5 | Smithtown | $710,000 |
| 6 | Riverhead | $615,000 |
| 7 | Lindenhurst | $584,500 |
| 8 | Brookhaven | $550,000 |
Residential Property Types Sold in Riverhead
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | - | - | - | - | 0 |
| House | $615K | -4.7% | $370 | -1.3% | 82 |
The median sale price for houses in Riverhead in Q4 was $615K, showing no significant change year-over-year. Riverhead condos also showed static pricing trends year-over-year, coming in at - in Q4.
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