NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Queens
Queens
For buyers focused on affordability, Forest Hills has the lower median sale price at $615K vs $775K in Richmond Hill.
Investors analyzing rental yield will find Forest Hills offers a stronger rent-to-price ratio based on current market data.
| Metric | Forest Hills | Richmond Hill |
|---|---|---|
| Median Sale Price | $615,000 | $775,000 |
| Median Condo Price | $814,600 | N/A |
| Median Co-op Price | $400,000 | N/A |
| Median Rent | $2,977.5 | $2,250 |
| Active Listings | 348 | 12 |
| Rental Inventory | 228 | 11 |
| Days on Market | 69.5 | 0 |
| Price Cut Share | 12.4% | 22.2% |
| Monthly Sales Volume | 47 | 6 |
| YoY Price Change | +57.9% | -6.1% |
| YoY Rent Change | +14.5% | -18.9% |
| YoY Inventory Change | +15.6% | -20.0% |
| Subway Lines | N/A | N/A |
Prices in Forest Hills moved +57.9% over the past year, compared to -6.1% in Richmond Hill. Forest Hills is seeing price appreciation while Richmond Hill has softened, pointing to different supply-demand dynamics in each market.
Forest Hills is a sought-after and architecturally distinctive Queens neighborhood known for its lush greenery and exceptional architecture. The area is famous for Forest Hills Gardens, a private community featuring stunning Tudor-style homes and winding streets. The broader neighborhood offers a mix of grand pre-war cooperatives, modern luxury condominiums, and the popular shopping and dining destination of Austin Street, providing a suburban feel within the city limits.
View Full Market ReportRichmond 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 ReportNo subway data available
No subway data available
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 last updated: 1/1/1970.
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