Milton Coste

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NYC Neighborhood Comparison

East Tremont vs Richmond Hill

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

Bronx|Queens

East Tremont

Bronx

Richmond Hill

Queens

How They Compare

For buyers focused on affordability, Richmond Hill has the lower median sale price at $775K vs $800K in East Tremont.

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

Median Sale Price
$800K
$775K
Median Rent
$2K
$2K
Active Listings
6
12
Avg Days on Market
0 days
0 days
YoY Price Change
+93.9%
-6.1%
Monthly Sales Volume
5
6

Detailed Comparison

MetricEast TremontRichmond Hill
Median Sale Price$800,000$775,000
Median Condo PriceN/AN/A
Median Co-op PriceN/AN/A
Median Rent$1,900$2,250
Active Listings612
Rental Inventory711
Days on Market00
Price Cut Share7.7%22.2%
Monthly Sales Volume56
YoY Price Change+93.9%-6.1%
YoY Rent Change-11.6%-18.9%
YoY Inventory Change-40.0%-20.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in East Tremont moved +93.9% over the past year, compared to -6.1% in Richmond Hill. East Tremont is seeing price appreciation while Richmond Hill has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

East Tremont

East Tremont is a Bronx neighborhood of prewar walk-up apartment buildings, low-rise row houses, and a cluster of newer affordable housing developments along Tremont Avenue. The 2 and 5 trains provide subway service at West Farms Square-East Tremont Avenue station, and the Cross Bronx Expressway runs along the southern border. Bronx Park and the Bronx Zoo are directly accessible from the neighborhood.

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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

East Tremont

No subway data available

Richmond Hill

No subway data available

Active Listings

East Tremont for sale

View all East Tremont 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.

East Tremont 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. East Tremont 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 East Tremont 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)East TremontRichmond Hill
Median Sale Price$800,000$775,000
Median Rent$1,900/mo$2,250/mo
Year-over-Year Price Change+93.9%-6.1%
Average Days on Market0 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 East Tremont cheaper than Richmond Hill?
Richmond Hill is more affordable, with a median sale price of $775,000 vs $800,000 in East Tremont. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, East Tremont or Richmond Hill?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, East Tremont or Richmond Hill?
This depends on what type of home fits your household. East Tremont 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 East Tremont 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 East Tremont 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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