Home prices
The median home value in Riverhead is $334,100. Compared to its surrounding areas it is roughly $64,640 (16%) lower.Compared to the nation as a whole it is roughly $116,600 (53%) higher, and in comparison to the city of New York it is approximately $271,900 (44%) lower.
Rents
Riverhead's median monthly rent is $1,385. It is approximately $636 (31%) lower compared to the surrounding areas.It is approximately $323 (30%) higher compared to the rest of the country, and compared to the city of New York it is approximately $58 (4%) lower.
Nearby places
Baiting Hollow
Baiting Hollow is Riverhead's neighbor to the west. Its housing prices are a little more expensive. The value of the median home in Baiting Hollow is $435,300, which works out to $101,200 (23%) higher than Riverhead. Its rents are significantly more expensive. In Baiting Hollow the median monthly rent is $2,104, which comes out to $719 (34%) higher than Riverhead.
Calverton
Calverton is Riverhead's neighbor to the southwest. Real estate prices there are a lot less expensive. Calverton's median home value is $222,300, which is $111,800 (50%) lower than Riverhead. Rent there is substantially more expensive. The median monthly rent in Calverton is $2,141, which comes out to $756 (35%) higher than Riverhead.
Flanders
Flanders is roughly 4 miles southeast of Riverhead. Housing prices there are somewhat less expensive. The median home in Flanders costs $293,300, which comes out to $40,800 (13%) lower than Riverhead. Rent there is a little more expensive. Flanders's median rent is $1,889 a month, which works out to $504 (26%) higher than Riverhead.
Wading River
Wading River is about 6 miles west of Riverhead. The real estate prices there are a bit more expensive. The price of the median home in Wading River is $424,700, which works out to $90,600 (21%) higher than Riverhead. Rents there are a lot more expensive. In Wading River the median rent is $2,732 per month, which is $1,347 (49%) higher than Riverhead.
Mattituck
Mattituck is roughly 6 miles northeast of Riverhead. Its real estate prices are significantly more expensive. The median home price in Mattituck is $618,100, which is $284,000 (45%) higher than Riverhead. Rents there are somewhat less expensive. Mattituck's median rent is $1,240 per month, which works out to $145 (11%) lower than Riverhead.
