Home Sales Decline in Riverhead Real Estate Market

The Riverhead market slowed with an 18.2% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 11.2 monthly average with nine homes sold. In comparison, nearby Manorville had 16 sales in the same time frame, the most of all neighboring cities. Pricing in Riverhead remains consistent from last week to this week, with the median sales price at $250,000 again. With decreasing sales and the availability of 10 months of inventory, Riverhead is a definite buyer's market.

If a home with lots of bedrooms is what you want, then be sure to take a look at these listings in Riverhead:

$379K   $325K   $369K  

Get started right now by checking out Riverhead homes for sale or reviewing Riverhead real estate trends.

Demographic facts for Riverhead:

  • There are 881.8 people per square mile in this area.
  • This area has a lifestyle rating of 75. (Scale: 1 = Worst, 100 = Best)
  • 76.9% of the residents commute to work alone in their car, 10.2% via carpool, and 3.1% by way of public transit.

Data reported through 10/12/2016


Ask a local expert about this area:
Douglas Elliman Real Estate
Snapped 4 homes in this area
Jolie Powell Realty Inc
Snapped 1 home in this area

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
with Facebook Sign-in with Twitter
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

with Facebook Sign-in with Twitter

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.