Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Pelham Bay vs Richmond Hill

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

Bronx|Queens

Pelham Bay

Bronx

Richmond Hill

Queens

How They Compare

For buyers focused on affordability, Richmond Hill has the lower median sale price at $775K vs $810K in Pelham Bay.

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

Median Sale Price
$810K
$775K
Median Rent
$3K
$2K
Active Listings
8
12
Avg Days on Market
0 days
0 days
YoY Price Change
0.0%
-6.1%
Monthly Sales Volume
1
6

Detailed Comparison

MetricPelham BayRichmond Hill
Median Sale Price$810,000$775,000
Median Condo PriceN/AN/A
Median Co-op PriceN/AN/A
Median Rent$3,312.5$2,250
Active Listings812
Rental Inventory1211
Days on Market00
Price Cut Share0.0%22.2%
Monthly Sales Volume16
YoY Price Change0.0%-6.1%
YoY Rent Change+10.4%-18.9%
YoY Inventory Change+100.0%-20.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Pelham Bay moved 0.0% over the past year, compared to -6.1% in Richmond Hill. Both markets have seen price softening, with Richmond Hill declining more sharply over the measured period.

Neighborhood Profiles

Pelham Bay

Pelham Bay is a Bronx neighborhood of single-family detached homes, two-family brick houses, and co-op apartment buildings near the 2,772-acre Pelham Bay Park, the largest park in New York City. The 6 train terminates at Pelham Bay Park station, providing direct subway access to Manhattan. Orchard Beach, the Bartow-Pell Mansion Museum, and the Pelham Bay/Split Rock Golf Course are all within the park.

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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.

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Transit Access

Pelham Bay

No subway data available

Richmond Hill

No subway data available

Active Listings

Pelham Bay for sale

View all Pelham Bay 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 Pelham Bay cheaper than Richmond Hill?
Richmond Hill is more affordable, with a median sale price of $775,000 vs $810,000 in Pelham Bay. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Pelham Bay or Richmond Hill?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Pelham Bay or Richmond Hill?
This depends on what type of home fits your household. Pelham Bay 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 Pelham Bay 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 Pelham Bay 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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