Riverhead, NY Real Estate

According to census data in the year 2000 there were 4,173 housing units in Riverhead. This represents a 18% growth from 3,536 in 1990.

Of those housing units, 3,816 were located in either urbanized areas or urban clusters, and 357 were located in what is classified as a rural area.

Homeownership rate in Riverhead is about 58.9%. Riverhead's vacancy rate, including seasonal lodging, is about 6.9%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Riverhead were built after 1965.


Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom15.90%
Two Bedrooms32%
Three Bedrooms37.50%
Four Bedrooms9.80%
Five Bedrooms or more3.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1960
Median Value of occupied units$131,400
Median Price asked for vacant units$147,700

Rented Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1972
Median Monthly Rent asked for vacant units$768

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage5.30%
Home Equity Loan6.90%
Simple Mortgage48.20%
Debt Free38.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23.5%