Richmond Hill
Market Report • Data Range: 2010-01 to 2025-11
Median Sale Price
$866K
+18.4% YoY
What this means:
Half of homes sell for more than this price, half sell for less. This is the "middle" price point in the neighborhood.
Median Rent
$2,150
+8.9% YoY
What this means:
The typical monthly rent in this area. Half of apartments rent for more, half for less. Budget accordingly!
Days on Market
N/A
N/A YoY
What this means:
Average time a home sits before selling. Lower = hot market (buyers compete). Higher = more negotiating power for buyers.
For Sale Inventory
12
N/A YoY
What this means:
Number of homes currently for sale. More inventory = more choices for buyers. Low inventory = sellers have advantage.
Rental Inventory
6
What this means:
Number of apartments available for rent right now. More options = more bargaining power for renters. Low inventory? Act fast and come prepared!
Price Cut Share
22.2%
What this means:
Percentage of listings that reduced their asking price. High % = sellers overpricing, room to negotiate. Low % = homes priced right, less wiggle room.
Sales Volume (mo)
10
What this means:
Number of homes sold last month. Shows how active the market is. High volume = competitive market. Low volume = fewer comparable sales for pricing.
Rent-to-Own Ratio
34x
Annual rent
Should you buy or rent?
This shows how many years of rent equals the purchase price. Under 15x = buying may be better. Over 20x = renting may make more sense. 15-20x = toss-up, depends on your situation.
Market Trends & Analytics
Median Sale Price
+18.4% YoYMedian Rent
+8.9% YoYFor-Sale Inventory
Days on Market
Sales Volume
Explore All Market Metrics
Select any metric from 43 StreetEasy data sets
Median Sales Price
--
Data Range
2023-12 to 2025-11
24 months of history
Sub-Type
All Properties
Median price of recently sold properties
Market Insights
Price Trend
Sale prices in Richmond Hill have increased 18.4% over the past year, outpacing the NYC average.
Rental Market
Rental prices rose 8.9% YoY. At $2150/mo, Richmond Hill offers affordable rentals for Queens.
Investment Outlook
With a price-to-rent ratio of 34x annual rent, Richmond Hill favors renting based on current metrics.
Active Listings in Richmond Hill
Loading listings...
No active listings in Richmond Hill at the moment.
Contact Milton for off-market opportunities or upcoming listings.
Richmond Hill Market Snapshot
View Full Market Report →Closed Deals in Richmond Hill
Milton's Track Record
0
Total Deals
Loading transactions...
Get Expert Guidance on Richmond Hill
With 25+ years of experience and 1,000+ properties listed, marketed, sold, and leased in NYC, I can help you navigate the Richmond Hill market. Whether buying, selling, or investing, let's discuss your goals.