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Bankruptcy Homes in Riverhead, NY

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Riverhead, NY Foreclosures

Current Market Conditions in in Riverhead, NY As of February 2026?
Over the last month, Riverhead has seen a steady increase in buyer interest, particularly among those relocating from more crowded areas. Showings have surged despite the season, indicating that buyers remain eager to find homes in this desirable location. Sales prices have also seen a gradual increase, suggesting that the market is shifting in favor of sellers.
How much do homes sell for in Riverhead, NY?
The average home price is currently $732,377.
In Riverhead, NY, how many homes are available?
There are currently 13 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 $85,389,120.
What is currently the cheapest priced home in Riverhead, NY?
The cheapest home for sale in Riverhead is priced at $10,886.

Living in Riverhead, NY

Riverhead, NY is a picturesque town on Long Island, known for its vibrant community spirit, beautiful parks, and proximity to the North Fork wine region. With a blend of rural and suburban vibes, Riverhead offers a convenient lifestyle with access to outdoor activities, local shops, and a family-friendly atmosphere.

Buyer vs Seller Market in Riverhead, NY

The real estate market in Riverhead, NY has remained stable, with a slight increase in property values observed over the past year. The demand for homes, particularly in suburban markets, has been bolstered by the desire for more space and affordable housing compared to nearby urban areas.

As remote work becomes more common, buyers are looking to the North Fork for larger homes and backyard spaces. This trend has resulted in a competitive market, although the inventory remains relatively balanced.

Home Value Estimator For Riverhead, NY

There are currently 9,880 real estate properties in Riverhead, NY, with a median automated valuation model (AVM) price of $587,828.00. 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 $732,377.00, with the most expensive house in Riverhead, NY, topping out at $85,389,120.00 and the cheapest home in Riverhead, NY, clocking in at $10,886.00. 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 Bankruptcy Homes

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