Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Greenwich Village vs Richmond Hill

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

Manhattan|Queens

Greenwich Village

Manhattan

Richmond Hill

Queens

How They Compare

For buyers focused on affordability, Richmond Hill has the lower median sale price at $775K vs $1.8M in Greenwich Village.

Commuters have more transit options in Greenwich Village, which is served by 5 subway lines compared to 0 in Richmond Hill.

Median Sale Price
$1.8M
$775K
Median Rent
$5K
$2K
Active Listings
262
12
Avg Days on Market
54 days
0 days
YoY Price Change
+36.1%
-6.1%
Monthly Sales Volume
43
6

Detailed Comparison

MetricGreenwich VillageRichmond Hill
Median Sale Price$1,800,000$775,000
Median Condo Price$1,800,000N/A
Median Co-op Price$1,668,734N/A
Median Rent$5,400$2,250
Active Listings26212
Rental Inventory22211
Days on Market540
Price Cut Share10.7%22.2%
Monthly Sales Volume436
YoY Price Change+36.1%-6.1%
YoY Rent Change+5.4%-18.9%
YoY Inventory Change+7.4%-20.0%
Subway LinesC E N R WN/A

Year-Over-Year Price Movement

Prices in Greenwich Village moved +36.1% over the past year, compared to -6.1% in Richmond Hill. Greenwich Village is seeing price appreciation while Richmond Hill has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

Greenwich Village

Greenwich Village, or 'The Village,' remains the heart of New York’s creative history and intellectual life. Defined by its winding, non-grid streets and the iconic Washington Square Park, the neighborhood offers a unique sense of place. The real estate market is highly sought after, featuring some of the city's most beautiful historic townhouses, gold-coast cooperatives, and discreet luxury developments that maintain the area's low-rise charm.

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

Greenwich Village

CENRW

Spring St (C E) — 0.5 mi

Prince St (N R W) — 0.7 mi

Richmond Hill

No subway data available

Active Listings

Greenwich Village for sale

View all Greenwich Village 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 last updated: 1/1/1970.

Frequently Asked Questions

Is Greenwich Village cheaper than Richmond Hill?
Richmond Hill is more affordable, with a median sale price of $775,000 vs $1,800,000 in Greenwich Village. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Greenwich Village or Richmond Hill?
Greenwich Village has access to 5 subway lines and Richmond Hill has 0, making Greenwich Village the stronger option for transit access. Richmond Hill has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Greenwich Village or Richmond Hill?
This depends on what type of home fits your household. Greenwich Village 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 Greenwich Village 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 Greenwich Village 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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