Living in Richmond Hill
Key metrics and insights for homebuyers and sellers evaluating Richmond Hill, Queens, NY 11418.
How far is Richmond Hill from New York City by train?
From Kew Gardens Station on the LIRR Babylon Branch, scheduled weekday AM-peak service takes about 15 minutes to Penn Station, 14 minutes to Grand Central Madison, 27 minutes to Atlantic Terminal in Brooklyn (MTA LIRR timetable data).
Is Richmond Hill walkable?
Richmond Hill has a Walk Score of 88 out of 100, which Walk Score rates "Very Walkable", and a Transit Score of 84 out of 100.
Nearby Long Island Rail Road stations and typical weekday AM-peak travel times to the Manhattan and Brooklyn terminals. Many Richmond Hill residents use whichever station best fits their branch and schedule.
AM-peak travel times on scheduled LIRR service to Penn Station, Grand Central Madison, and Atlantic Terminal (Brooklyn). Based on MTA LIRR public timetable data.
Richmond Hill Market Data
Current market conditions and pricing trends for Richmond Hill, Queens, NY.
Single-family, condo and co-op homes are measured separately — these medians are never blended together. Based on 76 recorded closings in ZIP 11418 between Sep 11, 2025 and Sep 11, 2026 — a settled trailing twelve months, ending about a month back so late-recorded closings are counted rather than missed. Days on market are medians, not averages. A property type with fewer than 8 closed sales in that window is left out rather than published on a sample too thin to mean anything.
Over the past 2 years, Richmond Hill's market has held broadly steady — the median sale price has hovered around $845K, ranging from $587K to $1.04M month to month, with no sustained directional trend. Homes here have lately been going under contract in roughly 70 days. It's also worth noting that the roughly $820K blended median combines very different property types, so it may not describe any single one: of 163 recent sales, single-family made up the largest share at about 45% with a median near $780K, multi-family (2-4 family) about 37% near $963K, co-ops about 10% near $275K, condos about 7% near $443K. Because multi-family (2-4 family), though not the most common, is priced far enough from the rest to pull the blend up, the blended figure tends to sit above the single-family median rather than below it — so a typical single-family house has tended to sell closer to $780K, roughly $40K under the headline number, even though the much lower-priced co-ops in the mix pull the other way but at about 10% are too small a share to offset that lift. These are past medians, not predictions or guarantees, and individual properties vary widely; anyone weighing a specific property should review current comparable sales for that property type.
Of the 74 homes for sale in Richmond Hill today, 21 are now asking less than they originally asked — 28.4%, against 33.9% across Queens. 8 sellers have raised their asking price.
And among the homes that actually sold
Among the 97 homes that sold in Richmond Hill over the last twelve settled months, 29.9% had cut their price before they sold — down from 36.1% over the same twelve months a year earlier.
What each group got
Over those same twelve months, the 68 Richmond Hill homes that sold without ever reducing achieved 98.5% of their asking price in a median of 32 days. The 29 that did reduce achieved 91.4% of what they first asked, after 124 days.
Homes that never reduced and homes that did are different homes, priced differently from the start — these figures describe what each group did, not what a reduction causes. How any individual home performs depends on condition, layout, its position within Richmond Hill and how it shows, none of which a market median can capture.
Measured from the OneKey MLS feed, updated daily. A home counts as reduced when its current asking price is below the price it was first listed at — not against an estimate or against other homes. The for-sale figures describe homes available today; the sold figures describe closed sales between September 2025 and August 2026.
What This Means for Sellers
Richmond Hill is sending mixed signals: there is real inventory on the market, yet homes are still selling at a pace and a price that don't match that supply. Neither side holds a clear edge, so the number you list at matters more than the headline. Overpriced homes will sit while correctly priced properties still move — and the comparables for your specific home, not a market label, are what set that number.
What This Means for Buyers
Richmond Hill is a mixed picture for buyers. Market indicators do not agree, so we are withholding a buyer's or seller's market classification. Review the inventory, selling time, and sale-to-list figures individually for a clearer picture of current conditions. Come pre-approved, and judge each home on its own comparables rather than on the market's headline.
The listings that did not sell asked a median of $975,000 — 15% above the $850,000 median of the homes that closed. Counted over the trailing twelve months: every listing that closed, expired, was withdrawn or was terminated. Listings still active or under contract are not counted on either side. If the feed does not retain every withdrawn listing, the real figure is higher than the one shown, never lower.
Based on information from OneKey® MLS, for the period September 11, 2025 through September 11, 2026.
Flood informationRichmond Hill: FEMA flood dataMedian NFIP cost, single-family homes, ZIP 11418: $440 a year (Aug 2026)
Based on 8 policies, a small sample.
Median yearly cost by FEMA zone: moderate- to low-risk zones (X, B, C) $440 (8 policies, small sample).
Cost trend, Queens
Median yearly cost of single-family NFIP policies taking effect each month.
In Queens, the typical monthly median yearly cost of single-family NFIP policies taking effect in June through August 2026 was $1,400, 17% higher than the typical month in June through August 2025 ($1,200). Based on 2,038 and 2,106 policies.
Check a specific address
Look up the FEMA flood zone for any address: FEMA Flood Map Service Center · NYC Flood Hazard Mapper · FloodHelpNY · FloodSmart (FEMA).
Flood data for Queens: costs by ZIP, trend and FEMA ratings →Calculated from FEMA policy data (as of Sep 8, 2026) and FEMA's NFIP residential penetration rates. Yearly cost is premium plus FEMA fees, single-family NFIP policies only; the insured share is residential NFIP contracts as a share of all residential buildings. Private flood insurance is not included. Not a flood-zone determination, insurance advice or a quote. Each building is priced individually.
What It's Like Living in Richmond Hill
Richmond Hill is one of Queens's most established residential communities, offering a distinctive blend of suburban character and metropolitan accessibility. Located in the 11418 zip code, the community is served by the New York City Department Of Education.
With a median home price of $789,500 and a median recorded property tax of $6,500 annually, Richmond Hill pairs an established housing stock with direct access to New York City. The commute to Manhattan averages approximately 14 min via the Long Island Rail Road.
Ownership here takes more than one form: coops, condos, single-family homes selling at a median of $790K — three genuinely different ways to live in Richmond Hill. Day to day, apartment ownership trades yard work and building upkeep for a monthly charge and house rules; a house trades the monthly charge for full control — and full responsibility. Both coop and condo buildings are active markets here — see the segment data above for how each is currently moving.
Joseph's Insider Guide to Richmond Hill
Direct answers informed by 5,000+ closed transactions across Nassau, Suffolk, Queens and Brooklyn — not the canned content you'd find on any listing portal.
Is Richmond Hill a good place to live for commuters?
The LIRR connects Richmond Hill to Penn Station and Grand Central Madison in approximately 14 min, and the neighborhood carries a transit score of 84/100. Peak express service, station parking and walk-to-station distance vary by address, and those three factors decide what a commute actually looks like day to day.
What are property tax trends in Richmond Hill, NY?
Richmond Hill homeowners pay a median of approximately $6,500 a year in property taxes — the median of the tax figures actually recorded on homes sold here, not an estimate. The bill funds school-district, county, town, and special-district services. Taxes are assessed parcel by parcel, so two similar homes on the same street can carry very different bills — confirm the actual assessment on a specific address before relying on it.
Is now a good time to buy or sell in Richmond Hill?
Richmond Hill is sending mixed signals right now — the inventory on hand and the pace homes are actually selling at point in different directions, so we do not call it a buyer's or a seller's market, with homes selling in about 48 days. Prices have moved +9% year-over-year. Timing decisions depend on your specific situation — contact Joseph for a no-cost strategy session tailored to your property and goals.
What makes Richmond Hill different from other Queens communities?
Richmond Hill is a long-established community served by the New York City Department Of Education. Prices and activity vary by property type, school district, condition and price band; the figures above show where this market stands now.
What should buyers know before making an offer in Richmond Hill?
School district boundaries in Richmond Hill often run street by street — two blocks can mean a different school zone, so confirming a home's exact attendance zone before you make an offer matters. As an Associate Broker who is also an attorney, Joseph reads title and contract details differently than most agents — and when the facts of a deal are in front of him, he knows what's worth asking about. (Not a substitute for your own attorney's representation.)
Is Richmond Hill walkable for everyday living?
Richmond Hill has a Walk Score of 88/100, measured at a single point near the centre of Richmond Hill. Walkability varies street by street, so check the score for a specific address; the LIRR provides Manhattan access in approximately 14 min.
Planning a Move to Richmond Hill?
Get the Richmond Hill Relocation Guide — schools, commute options, live market data, and insider neighborhood details compiled by an Associate Broker who is also an attorney.
Schools in Richmond Hill, NY
Richmond Hill is served by the New York City Department Of Education. Attendance zones in New York City are assigned street by street, so a Richmond Hill mailing address does not by itself determine which school a home is zoned for.
Individual school assignments in New York City Department Of Education are made street by street. Contact the district for building assignments, or ask us to confirm the zone for a specific address.
See every Queens school district, its schools and its tax rates →
Richmond Hill Schools — Frequently Asked Questions
What school district serves Richmond Hill?
Richmond Hill is served by the New York City Department Of Education. District boundaries in New York City often run street by street, so we confirm the district and attendance zone for a specific address before you make an offer.
School district boundaries in New York City often run street by street, so a Richmond Hill mailing address doesn't guarantee a given school. We confirm a home's exact attendance zone before you make an offer.
Richmond Hill on the Map
Explore Richmond Hill and nearby areas. Zoom in to see neighborhoods, schools, transit, and local amenities.
Looking to Buy in Richmond Hill?
Browse available properties or let Joseph find the right home for you — with the read of an Associate Broker who is also an attorney.
Homes for Sale in Richmond Hill, NY
58 active listings currently on the market in Richmond Hill. Data refreshed from the MLS in real time.
Active 107d
Mid Rise
Active 164d
Condo
Active 29d
High Rise
Active 10d
Multi
Active 17d
Colonial
Active 110d
Multi
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 11, 2026 6:30 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Personal-use terms and which listings this site shows: MLS & Data Disclosures
Showing 6 of 58 active listings
View All 58 Listings in Richmond HillRecently Closed in Richmond Hill
27 closed sales found. Recent transactions provide real-world context for current market values. For a full Comparative Market Analysis of your property, request a complimentary CMA.
← swipe to view all →
| Address | Type | Beds / Ba | Sq Ft | Closed | Sale Price | $/Sq Ft | DOM |
|---|---|---|---|---|---|---|---|
| Colonial | 3 bd / 2 ba | 1,208 | — | Sign in to view | — | 38d | |
| Colonial | 5 bd / 2 ba | 2,274 | — | Sign in to view | — | 21d | |
| A-Frame | 5 bd / 4 ba | 1,750 | — | Sign in to view | — | 25d | |
| Colonial | 3 bd / 3 ba | 1,224 | — | Sign in to view | — | 28d | |
| Multi-Family | 5 bd / 3 ba | 3,000 | — | Sign in to view | — | 39d | |
| Other | 5 bd / 3 ba | 1,498 | — | Sign in to view | — | 36d | |
| Colonial | 5 bd / 5 ba | 1,830 | — | Sign in to view | — | 13d | |
| Multi-Family | 6 bd / 3 ba | 2,374 | — | Sign in to view | — | 5d | |
| Multi-Family | 7 bd / 5 ba | 2,240 | — | Sign in to view | — | 51d | |
| Other | — / 1 ba | 452 | — | Sign in to view | — | 66d | |
| Other | 5 bd / 2 ba | 2,040 | — | Sign in to view | — | 20d | |
| Colonial | 7 bd / 4 ba | 2,000 | — | Sign in to view | — | 26d |
Source: OneKey MLS — Richmond Hill closed sales, last 180 days. Verify all figures independently before making decisions.
Get Your Home’s Value →Richmond Hill Real Estate FAQ
Expert answers to the most common questions about buying and selling in Richmond Hill.
How much does it cost to buy a home in Richmond Hill?
Is Richmond Hill a good place to buy a home, and who is it right for?
What are property taxes like in Richmond Hill, and can they be lowered?
What is the LIRR commute from Richmond Hill to Manhattan?
What is the median home price in Richmond Hill, and is it a buyer's or seller's market right now?
How are the schools in Richmond Hill?
Why work with Joseph DeVito to buy or sell in Richmond Hill?
Is Richmond Hill a buyer's or seller's market?
Are sellers cutting prices in Richmond Hill?
What counts as a price reduction on this page?
Are price cuts in Richmond Hill becoming more or less common?
Do homes that cut their price in Richmond Hill sell for less?
Joseph DeVito is a New York Licensed Associate Real Estate Broker and a New York attorney. He does not act as both broker and attorney on the same transaction: here he acts as a real estate broker only, and he is not your attorney. Real estate services provided through Keller Williams Realty Greater Nassau are not legal representation. Everything on this site is general information for educational purposes only. It is not legal advice, it creates no attorney-client relationship, and it should not be relied on as legal advice — for advice about your own situation, consult your own attorney.
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How Richmond Hill Fits Into the Queens Market
Richmond Hill’s median sale price of about $790K sits about 5% above the Queens median of about $750K. These are whole-county figures over a settled trailing 12 months — the same data behind our full Queens reports.
County medians describe the wider market, not any specific property, and are not a valuation of a home in Richmond Hill.
Markets Near Richmond Hill
The closest Queens communities we track, with their current median sale price, median days on market, and market condition — useful for widening or narrowing a search.
Live OneKey MLS medians from recent closed sales, refreshed daily. Market condition reflects months of supply. Figures describe each market, not any specific home.
Didn't find what you're looking for?
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Buy or Sell in Richmond Hill, NY With an Associate Broker Who Knows Which Questions to Ask
Joseph DeVito has been part of more than 5,000 closed transactions across Nassau County, Suffolk County, Queens, and Brooklyn. As an Associate Broker who is also an attorney, he reads a deal differently than most agents — and when the facts of your Richmond Hill deal are in front of him, he knows the contract and title questions worth asking.
Also explore: Buyer Resources · Selling Your Home · All Queens Communities · Queens Housing Market Outlook · Queens Days on Market Report · Queens School & Tax Breakdown