Milton Coste

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NYC Neighborhood Comparison

Crown Heights vs Richmond Hill

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Brooklyn|Queens

Crown Heights

Brooklyn

Richmond Hill

Queens

How They Compare

For buyers focused on affordability, Richmond Hill has the lower median sale price at $775K vs $1.3M in Crown Heights.

Investors analyzing rental yield will find Richmond Hill offers a stronger rent-to-price ratio based on current market data.

Median Sale Price
$1.3M
$775K
Median Rent
$3K
$2K
Active Listings
157
12
Avg Days on Market
48.5 days
0 days
YoY Price Change
+3.4%
-6.1%
Monthly Sales Volume
18
6

Detailed Comparison

MetricCrown HeightsRichmond Hill
Median Sale Price$1,280,000$775,000
Median Condo Price$1,087,500N/A
Median Co-op Price$611,000N/A
Median Rent$3,495$2,250
Active Listings15712
Rental Inventory94511
Days on Market48.50
Price Cut Share5.7%22.2%
Monthly Sales Volume186
YoY Price Change+3.4%-6.1%
YoY Rent Change+5.9%-18.9%
YoY Inventory Change+51.0%-20.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Crown Heights moved +3.4% over the past year, compared to -6.1% in Richmond Hill. Crown Heights is seeing price appreciation while Richmond Hill has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

Crown Heights

Crown Heights is a dynamic and architecturally rich neighborhood in central Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a active restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.

View Full Market Report

Richmond Hill

Richmond Hill features a mix of high-rise residential buildings and mixed-use retail structures. The area is served by major subway lines and complemented by ample local parks. Established community landmarks anchor the geography, offering varied housing types throughout the region.

View Full Market Report

Transit Access

Crown Heights

No subway data available

Richmond Hill

No subway data available

Active Listings

Crown Heights for sale

View all Crown Heights listings

Richmond Hill for sale

View all Richmond Hill listings

Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.

Crown Heights vs Richmond Hill: Home Price Resilience 2008-2020

From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Crown Heights and Richmond Hill both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Outer-borough submarkets including Crown Heights and Richmond Hill generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.

Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.

Metric (2026)Crown HeightsRichmond Hill
Median Sale Price$1,280,000$775,000
Median Rent$3,495/mo$2,250/mo
Year-over-Year Price Change+3.4%-6.1%
Average Days on Market48.5 days0 days
Distance to Nearest SubwayN/AN/A

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Is Crown Heights cheaper than Richmond Hill?
Richmond Hill is more affordable, with a median sale price of $775,000 vs $1,280,000 in Crown Heights. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Crown Heights or Richmond Hill?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Crown Heights or Richmond Hill?
This depends on what type of home fits your household. Crown Heights and Richmond Hill both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Crown Heights or Richmond Hill?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Crown Heights and Richmond Hill gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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