Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Richmond Hill vs Soho

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

Queens|Manhattan

Richmond Hill

Queens

Soho

Manhattan

How They Compare

For buyers focused on affordability, Richmond Hill has the lower median sale price at $775K vs $3.8M in Soho.

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

Commuters have more transit options in Soho, which is served by 11 subway lines compared to 0 in Richmond Hill.

Median Sale Price
$775K
$3.8M
Median Rent
$2K
$8K
Active Listings
12
145
Avg Days on Market
0 days
72 days
YoY Price Change
-6.1%
+25.5%
Monthly Sales Volume
6
12

Detailed Comparison

MetricRichmond HillSoho
Median Sale Price$775,000$3,805,000
Median Condo PriceN/A$3,049,999.5
Median Co-op PriceN/A$3,675,000
Median Rent$2,250$8,495
Active Listings12145
Rental Inventory11147
Days on Market072
Price Cut Share22.2%12.4%
Monthly Sales Volume612
YoY Price Change-6.1%+25.5%
YoY Rent Change-18.9%+14.0%
YoY Inventory Change-20.0%+0.7%
Subway LinesN/A1 6 A C E J N Q R W Z

Year-Over-Year Price Movement

Prices in Richmond Hill moved -6.1% over the past year, compared to +25.5% in Soho. Soho is seeing price appreciation while Richmond Hill has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

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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Soho

SoHo contains the world's largest concentration of cast-iron architecture, with approximately 250 landmarked buildings within the SoHo-Cast Iron Historic District. The housing stock centers on spacious loft conversions with high ceilings and oversized windows, alongside luxury condominiums and pre-war walk-ups, served by the C, E, N, Q, R, W, 1, 4, and 6 trains. The cobblestone streets and commercial corridors along Broadway, West Broadway, and Prince Street define one of Manhattan's most architecturally distinctive neighborhoods.

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Transit Access

Richmond Hill

No subway data available

Soho

16ACEJNQRWZ

Canal St (1 6 A C E J N Q R W Z) — 0.1 mi

Spring St (6 C E) — 0.2 mi

Prince St (N R W) — 0.3 mi

Franklin St (1) — 0.3 mi

Bowery (J Z) — 0.5 mi

Active Listings

Richmond Hill for sale

View all Richmond Hill listings

Soho for sale

View all Soho 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 Richmond Hill cheaper than Soho?
Yes, Richmond Hill has a lower median sale price at $775,000 compared to $3,805,000 in Soho as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Richmond Hill or Soho?
Richmond Hill has access to 0 subway lines and Soho has 11, making Soho 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, Richmond Hill or Soho?
This depends on what type of home fits your household. Richmond Hill and Soho 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 Richmond Hill or Soho?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Richmond Hill and Soho 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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