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Foreclosure Homes in Riverhead, NY

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Riverhead, NY Foreclosures

How much do homes sell for in Riverhead, NY?
The average home price is currently $709,231.
In Riverhead, NY, how many homes are available?
There are currently 50 active home listings available in Riverhead.
What’s the average rental cost in Riverhead, NY?
The average rental price in Riverhead is $2,335.
What is the most expensive home in Riverhead?
The most expensive home sold in Riverhead had a price of $82,426,888.
What is currently the cheapest priced home in Riverhead, NY?
The cheapest home for sale in Riverhead is priced at $10,508.

Living in Riverhead, NY

Riverhead, NY, is a charming town known for its coastal living, rich history, and strong community spirit. Families and retirees alike are attracted to its vibrant downtown, great schools, and abundant outdoor activities. With convenient transportation options and a variety of real estate offerings, Riverhead is an appealing location for investment.

Current Market Conditions in Riverhead, NY

The real estate market in Riverhead is currently showing positive trends, with increasing demand due to its desirable lifestyle and amenities. Home prices have risen steadily as buyers seek properties near the coast, vineyards, and recreational activities.

Investors will find a mix of property types available, from single-family homes to waterfront properties, ensuring a range of investment opportunities. The area's growth shows no signs of slowing down as more people recognize the value of living in Riverhead.

Home Value Estimator For Riverhead, NY

There are currently 9,814 real estate properties in Riverhead, NY, with a median automated valuation model (AVM) price of $565,918.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Riverhead, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Riverhead, NY, is $709,231.00, with the most expensive house in Riverhead, NY, topping out at $82,426,888.00 and the cheapest home in Riverhead, NY, clocking in at $10,508.00. In other words, there’s something for every potential homebuyer or savvy investor in Riverhead, NY!

Rent Prices In Riverhead, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Riverhead, NY, is on a rollercoaster ride. The average rent price in Riverhead, NY, is $2,335.00. Indeed, when looking to rent in Riverhead, NY, you can expect to pay as little as $1,120.00 or as much as $5,900.00, with the average rent median estimated to be $2,350.00. The good news is that finding an affordable and desirable property to rent in Riverhead, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Riverhead, NY Foreclosures

Market Trend for Riverhead, NY

Total Listings Available: 50

Market Values:

Home Prices from $10,508 to $82,426,888

Average Sales Price: $709,231

Rental Values:

Rental from $1,120 to $5,900

Average Rent Value: $2,335 / month

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