Staten Island Home Prices 2024: What Buyers and Sellers Need to Know

A Year of Consistent Upward Pressure

Prices did not spike overnight. Throughout 2024, Staten Island home prices climbed steadily quarter over quarter, with median sale prices for single-family homes reaching levels that many buyers had not anticipated when they first started their search. The borough saw consistent year-over-year gains that outpaced what many observers expected given the rate environment at the time.

According to reporting from the Staten Island Board of Realtors, prices continued to push higher even as inventory levels declined through the end of the year. That combination, fewer homes available and buyers still competing for them, created conditions where sellers generally held pricing power.

How Staten Island Compared to the Broader New York Market

Staten Island's price trajectory in 2024 was not an isolated story. The borough's gains were part of a wider pattern across New York State, where tight supply and sustained buyer interest kept values elevated in many markets. What made Staten Island distinct was its relatively accessible entry points compared to Manhattan or Brooklyn, which continued to draw buyers who wanted more square footage, a yard, and off-street parking without leaving the five boroughs.

The New York housing market overview from Forbes Advisor reinforces this point: statewide, inventory shortfalls and price growth went hand in hand through much of 2024, and Staten Island fit squarely within that pattern.

2. What Was Driving Prices Higher

Inventory Stayed Tight Across the Borough

The supply side of the equation was the dominant force. Homeowners who locked in low mortgage rates in prior years were reluctant to sell and take on a new loan at a higher rate, which kept listing counts well below what the market needed to balance supply and demand. In neighborhoods stretching from Tottenville in the south to Mariners Harbor and Port Richmond in the north, active listings remained historically low.

New construction added some relief in pockets of the island, particularly in areas closer to the Staten Island Expressway corridor, but not enough to meaningfully shift the overall inventory picture. Buyers who needed to move were competing for a smaller pool of homes than they would have encountered in a more balanced market.

Buyer Demand Held Firm Despite Higher Rates

Higher mortgage rates slowed activity but did not stop it. Buyers relocating from other boroughs or from New Jersey continued to look at Staten Island as a place where their budget could still go further. The borough's access to the Staten Island Ferry, the Goethals Bridge, and the Outerbridge Crossing kept it practical for commuters, and that accessibility sustained demand even when borrowing costs were elevated.

First-time buyers were particularly active in the under-$600,000 range, where attached homes, smaller colonials, and cape cods in areas like New Dorp, Dongan Hills, and Grant City offered entry points that remained out of reach in neighboring Brooklyn.

3. Price Ranges Across Staten Island's Housing Stock

Single-Family Homes

Single-family detached homes drove the bulk of transaction volume in 2024. Median prices for this category moved into the mid to upper $600,000s across much of the borough, though the range was wide depending on location, lot size, and condition. Homes in the South Shore, in neighborhoods like Annadale, Eltingville, and Great Kills, tended to command higher prices relative to comparable square footage elsewhere on the island, reflecting their larger lot sizes and proximity to the Staten Island Greenbelt's southern reaches.

On the North Shore, areas like St. George, Tompkinsville, and Stapleton offered lower price points, often in the $400,000 to $550,000 range for single-family properties, including a mix of older Victorian-era homes, colonials, and postwar ranches. Buyers willing to take on renovation work found more room to negotiate in these pockets.

Condos, Co-ops, and Attached Housing

Attached housing provided an important entry point for buyers priced out of the detached market. Condos and co-ops in 2024 generally traded in the $250,000 to $450,000 range, with newer construction units in mixed-use developments near the St. George waterfront pushing toward the higher end of that band. Townhomes and semi-detached two-family properties occupied a middle ground, often in the $550,000 to $700,000 range depending on the neighborhood and whether the buyer intended to use the rental income from a second unit.

Two-family homes remained a consistent draw for buyers who wanted to offset their mortgage with rental income, and demand for that property type kept prices firm throughout the year across the Mid-Island and North Shore.

4. What 2024 Price Trends Mean If You Are Buying or Selling Today

Advice for Buyers Entering the Market Now

Understanding the 2024 price baseline helps you interpret what you are seeing today. As of August 2026, Staten Island home values have continued building on the foundation set in 2024. Buyers who waited on the sidelines hoping for a correction have generally found that prices did not retreat. Getting pre-approved before you start touring is essential: knowing your ceiling lets you move quickly when the right property appears, and in a market where well-priced homes still attract multiple offers, hesitation is costly.

Focus your search on what the home can do for you over the next five to ten years rather than trying to time a short-term price dip. Consider the commute distance to your workplace, the proximity to the Staten Island Railway stations or ferry terminals, and whether the property type fits your lifestyle now and in the foreseeable future.

Advice for Sellers Thinking About Listing

Sellers who have owned their homes for five or more years are sitting on meaningful equity. The price gains recorded through 2024 and into 2025 and 2026 have compounded, and a professional comparative market analysis will show you exactly where your property stands relative to recent closed sales in your specific neighborhood. Pricing accurately from the start matters more than ever: overpriced listings linger, and a home that sits too long loses negotiating leverage.

Small investments in presentation, fresh paint, decluttering, and professional photography, tend to generate outsized returns in a market where buyers are making decisions quickly and often sight-unseen before their first in-person visit. A local agent who knows the specific streets and recent comparable sales in your area is your most valuable asset in getting the pricing and timing right.