Why Live in Riverhead
Riverhead, NY, located at the head of the Peconic River, is a small city known for its orchards, beaches, and various attractions. This Suffolk County seat has gained popularity due to its wineries, sandy shores along the Long Island Sound, and vibrant downtown area. The community is family- and retiree-friendly, drawing visitors for beach season and autumn festivals. Local highlights include seasonal orchard-picking, NASCAR races at Riverhead Raceway, and the Polish Town Street Fair. The area features a mix of farmhouses, ranch-style homes, historic Colonial-inspired and Victorian homes, cottages, and contemporary condominiums. Public beaches like Iron Pier Beach and golf courses such as Cherry Creek Golf Links offer outdoor recreation, while Peconic Riverfront Park’s boardwalk and the Long Island Aquarium provide riverfront activities. Downtown Riverhead boasts diverse dining options and shopping at Tanger Outlets. The Riverhead Central School District serves over 5,500 students, and transportation options include the Long Island Rail Road and Suffolk County Transit buses. Despite some groundwater pollution concerns, Riverhead’s crime rate is lower than the national average, making it a relatively safe place to live.
Home Trends in Riverhead, NY
On average, homes in Riverhead, NY sell after 59 days on the market compared to the national average of 51 days. The median sale price for homes in Riverhead, NY over the last 12 months is $550,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$550,000
Median Single Family Sale Price
$600,000
Median Townhouse Sale Price
$482,250
Median 2 Bedroom Sale Price
$479,000
Average Price Per Sq Ft
$440
Number of Homes for Sale
34
Last 12 months Home Sales
93
Median List Price
$599,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-4%