Staten Island Real Estate: Robust Growth in 2025
The Staten Island real estate market remains robust in 2025, with steady price appreciation and active buyer demand despite inventory challenges. The borough continues to be an affordable alternative to other NYC boroughs, attracting families seeking more space.
Market Overview
$738K
Median Listing Price
Up to 7.3% year-over-year
$720K
Median Sold Price
Up to 6.7% year-over-year
$688K
Average Home Value
3.6% increase
Key Statistics (Spring 2025)
Market Dynamics
Seller's Market
Demand outpaces supply. Many homes sell quickly, though 73% sell below asking price.
Inventory Trends
Inventory remains tight but has increased month-over-month, giving buyers more options.
Sales Volume
Home sales volume is up significantly from last year despite higher prices.
Neighborhood Performance
Areas with top-rated schools and convenient transportation outperform others.
Inventory Analysis
Inventory levels reached 983 units in March 2025, showing a 22.8% decrease year-over-year but a steady monthly increase in early 2025.
Emerging Trends
Smart Home Features
Growing demand for homes with smart technology and energy-efficient upgrades.
Rental Market Growth
Rental prices rising 5.6% (Jan 2025), making homeownership more attractive for residents.
Sustainability Focus
Buyers increasingly prioritize green spaces, walkable neighborhoods, and modern amenities.
Investment Outlook
Continued Appreciation
Steady value growth expected
Infrastructure Improvements
Community-focused developments enhancing neighborhoods
Relative Affordability
Lower prices compared to other NYC boroughs
Limited Developable Land
Supporting long-term property value resilience
Summary & Outlook
Rising Prices
Median prices at record highs with steady appreciation
Limited Inventory
Tight but improving supply conditions
Strong Demand
Active buyers despite higher prices
Positive Future
Technology and sustainability shaping market growth