Port Richmond, New York, NY—10302
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Port Richmond, New York, NY
As of Oct '25, the median home price in Port Richmond, New York, NY is $613,000, with a year-over-year change of 2.9%. This indicates that home prices in Port Richmond, New York, NY are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $613,000 | 3.0% |
| Single Family | $614,000 | 3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $607,000 | 3.1% |
4 Bed | $644,000 | 2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Port Richmond, New York, NY
As of July '25, Rentcast reports the average rent in Port Richmond, New York, NY is $3,380, with a year-over-year rent change of 8.0%. Per bedroom, the median rent as of July '25 in Port Richmond, New York, NY is 2-bedrooms: $2,900, 3-bedrooms: $3,620. The most common rental property sizes in Port Richmond, New York, NY are 3-bedroom and 2-bedroom, accounting for 37.4% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,380 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,900 | $2,900 |
| 3 Bed Rent | $3,500 | $3,620 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Port Richmond, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Port Richmond, New York, NY is 66. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $674,000 | 4.0% |
Listing Count | 35 | -10.0% |
| Listings as % of Homes | 0.5% | -10.0% |
Days on Market | 66 | 13.0% |
Demographics — Port Richmond, New York, NY
As of the latest ACS Survey released in 2023, Port Richmond, New York, NY has a population of 19,700, which has increased by 8.2% over the past 5 years. Port Richmond, New York, NY is a moderately popular place for families, as children make up 24.4% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,700 | 8.2% |
% Under 18 | 24.4% | 5.2% |
% Seniors | 10.2% | -1.0% |
% WFH | 7.7% | 126.5% |
% w/ College Degree | 28.9% | 18.9% |
As of the latest ACS Survey released in 2023, Port Richmond, New York, NY is a predominantly hispanic area, with 43.5% of the population identifying as hispanic. The hispanic population has grown by 5.8% in the last 5 years. The second most common race or ethnicity in Port Richmond, New York, NY is white, making up 26.7% of the population. Foreign-born residents account for 28.1% of the population in Port Richmond, New York, NY, and this percentage has increased by 13.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 26.7% | -14.4% |
% Black | 22.5% | 9.2% |
% Hispanic | 43.5% | 5.8% |
% Asian | 6.0% | -17.8% |
% Foreign Born | 28.1% | 13.3% |
Mortgage and Risk — Port Richmond, New York, NY
According to HUD data as of 2023, there were 103 mortgage originations in Port Richmond, New York, NY, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Port Richmond, New York, NY. Investor activity is low, as 5.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 103 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Port Richmond, New York, NY
Port Richmond, New York, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 393 |
Total Units Section 8 | 331 |
% Rentals under Section 8 | 12.7% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,350 |
| 2 Bedroom | -$300 | $2,900 | $2,600 |
| 3 Bedroom | -$260 | $3,500 | $3,240 |
| 4 Bedroom | N/A | N/A | $3,500 |
Affordability — Port Richmond, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.5 |
| Median Home Price | $613,000 |
| Median Household Income | $76,100 |