Property prices for sale in Riverhead (New York)

The prices in real estate in Riverhead, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$454,122
Average price last 6 months
$268
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Riverhead has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $407. In the following month the price per sq.feet decreased considerably to $255. The price for the following two months in (June, July) had a considerable decrease of 74 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 78 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $288.75 to $226.5 during August, and September.

Average price

Based upon to the price in Riverhead (cities), this has gone downing the last 6 months. In our first sample month during April, the average price is $478,988. In May This price remains at $483,145. In the following two months the average price has remained the same with regard to the previous two months from $481,066.5 to $477,183.5. During the last two months the average price has had a strong fall compared to the previous four going from $479,125 to $404,116, which means a 84 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $460,414 they are 51 % more affordable than the average price for Riverhead. The properties with the lowest average price have 3 bedrooms, Their price is 22 % cheaper than the average. After that we have properties with 1 bedroom priced at $227,862.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $149 / sq.feet, with an average $239 / sq.feet price in Riverhead. The properties with the lowest average prices have 3 bedrooms. They are 20 % cheaper than the average followed by properties with 1 bedroom with a price at $149 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $460,414 it is 68 % cheaper than the average price in Riverhead. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $148,278 it is 22 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $96 / sq.feet followed by "House" priced at $191 / sq.feet. "House" is the cheapest type of property with a $191 / sq.feet value followed by "Townhouse" with an average price of $96 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Riverhead
Number of properties used in region New York
$460,414
$239
250
144,532
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Main St. Location Town Of Riverhead Lovely Cape Cod
 16
Main St. Location Town Of Riverhead Lovely Cape Cod
$450,000
New York - For Sale - House - 4 bedrooms - 2 bathrooms
Main st. Location - town of riverhead lovely cape cod. Great opportunity as zoned residential & commercial use = c r c zoned. Can be main street office, house...
Perfectly Located Within The Beautiful Hoa Community Of The Highlands At Reeves, This Stun...
 15
Perfectly Located Within The Beautiful Hoa Community Of The Highlands At Reeves, This Stun...
$625,000
New York - For Sale - House - 3 bedrooms - 3 bathrooms
Perfectly located within the beautiful hoa community of the highlands at reeves, this stunning home boasts a premier lot with no neighbors in front of, or...
2019 Custom Designed Open Concept Home, Master With Ensuite On The First Floor
 3
2019 Custom Designed Open Concept Home, Master With Ensuite On The First Floor
$559,000
New York - For Sale - House - 4 bedrooms - 3 bathrooms
2019 custom designed open concept home, master with ensuite on the first floor.Located on 1 of the last cul de sac lots in the private estates ownership at...
Beautiful Open Floor Plan Ranch Style Home
 9
Beautiful Open Floor Plan Ranch Style Home
$499,000
New York - For Sale - House - 3 bedrooms - 2 bathrooms
Beautiful open floor plan ranch style home. Hardwood floors, central air, spacious landscaped property with room for a pool. Side entry 2 car garage. Energy...
Magnificent Newly Built Colonial Sitting On 3 4 Of An Acre Private 500 Ft Driveway Beautif...
 20
Magnificent Newly Built Colonial Sitting On 3 4 Of An Acre Private 500 Ft Driveway Beautif...
$529,999
New York - For Sale - House - 4 bedrooms - 4 bathrooms
Magnificent newly built colonial sitting on 3/4 of an acre private 500 ft driveway beautiful front porch open flr plan 9ft 1st flr ceilings hrdwd fl custom...