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Riverhead, NY

Full City Profile · New York · Suffolk County County

2.8 /5.0
C+ Fair
15,073 Population 999/sq mi density
$83,521 Median Income $37,481 per capita
$449,000 Home Value $607,684 Zillow
$2,208 Median Rent 36.2% income on rent
54°F Avg Temperature 275 sunny days/yr
22 Violent Crime/100K 356 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$83,521 median income, 4.1% unemployment
B+
Affordability
3.6 / 5.0
$449,000 home value, $2,208/mo rent
F
Safety
1.0 / 5.0
22 violent crimes/100K
C
Education
2.4 / 5.0
18.0% bachelor's degree or higher

Housing Overview

Median Home Value
$449,000
59% above
US avg: $281,900
Median Rent
$2,208/mo
90% above
US avg: $1,163/mo
Homeownership Rate
60.7%
7% below US avg (65.4%)
Total Housing Units
5,632
Median year built: 1990

Home Value by Source

Census Median
$449,000
Zillow (ZHVI)
$607,684
Median Sale Price
$580,000
Median List Price
$475,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

60.7%
Owner-Occupied
39.3%
Renter-Occupied
61%
39%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $2,208/mo

Market Indicators (Redfin)

Median Days on Market
50 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
10.0%
of listings with price reduction
Price Per Sq Ft
$427
Active Inventory
20
homes for sale

Affordability & Housing Stock

Rent Burden
36.2%
of renters spending 30%+ of income on housing
17% above US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
60.7%

Complete Housing Data

Home Values

Census Median Value$449,000
Zillow Home Value (ZHVI)$607,684
Median Sale Price$580,000
Median List Price$475,000
Price Per Sq Ft$427

Rent

Census Median Rent$2,208
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Days on Market50
Sale-to-List Ratio1.0%
Price Drops10.0%
Homes Sold9
Active Inventory20
Price Per Sq Ft$427

Ownership & Stock

Owner-Occupied60.7%
Renter-Occupied39.3%
Homeownership Rate60.7%
Total Housing Units5,632
Median Year Built1990
Rent Burden36.2%