Richmondtown Housing Market Report March 2025•Richmond County, New York

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Housing Prices in Richmondtown, NY

How much do homes in Richmondtown, NY cost?

Housing Market Conditions

Is Richmondtown, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Richmondtown is a Neutral Market

Difference Since March 2024

At the same time last year, Richmondtown was a Buyer's Market.

Insight

Richmondtown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$700,000$485/SqFt

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Richmondtown has remained the same since last year.

Summary: The median home sold price in Richmondtown was $700,000 in March 2025, the same as last year, and the median price per square foot was $485.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$285K$245K
-14.0%
2$445K$532.5K
+19.7%
3$728K$700K
-3.8%
4$587K$960K
+63.5%
5$1.1M$1.0M
-11.0%

Summary: Richmondtown housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -14.0%. The home price for 2 bedroom homes increased by +19.7%. The home price for 3 bedroom homes decreased by -3.8%. The home price for 4 bedroom homes increased by +63.5%. The home price for 5 bedroom homes decreased by -11.0%.

How does Richmondtown, NY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Richmondtown, NY

Housing supply in Richmondtown, NY

How many homes are available in Richmondtown, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
7Last MonthMar 2025
122 months agoFeb 2025
-41.7 %
Change MoMFeb – Mar

Summary: The Richmondtown real estate market had 7 homes for sale in Mar 2025, a 41.7 % decrease compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthMar 2025
52 months agoFeb 2025
-80.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
240
-100.0%
344
0.0%
431
-66.7%
512
+100.0%

Summary: Richmondtown housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -66.7%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Richmondtown, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Richmondtown, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Richmondtown in March 2025, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Richmondtown, NY

How long does it take to sell a home in Richmondtown, NY?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Richmondtown has remained consistent over time.

Summary: During March 2025, 1 homes were sold in Richmondtown; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
50 DaysThis YearMar 2025
21 Days1 year agoMar 2024
+138.1 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Richmondtown had an average listing age of 50 days in Mar 2025, up by 138.1% compared to the previous year.

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Newest Listings in Richmondtown, NY

What homes are available in Richmondtown, NY?

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MLS Disclaimers and Copyright

Based on information from Brooklyn MLS, and Real Estate Board of New York for the period 04/01/2023 - 04/01/2025

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2025 Brooklyn Multiple Listing Service. 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: 4/13/2025, 1:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX ©2025 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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: 4/13/2025, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.