Buying a Home on Staten Island in the Current Real Estate Market: What You Need to Know

Buying a home on Staten Island in the current real estate market is a smart move for anyone seeking suburban charm, affordability, and accessibility to New York City. While the market has seen shifts in inventory, demand, and prices, Staten Island continues to offer solid value for homebuyers—from first-timers to seasoned investors.

But to truly succeed in today’s competitive landscape, you need more than luck—you need the right team. That’s where Your Home Sold Guaranteed Realty Advisors comes in. We offer exclusive buyer services, real-time alerts, and a satisfaction guarantee that sets us apart. With our help, you’ll not only find the perfect home—you’ll win it, and on the best terms possible.

Let’s dive into everything you need to know about making your next move in this dynamic borough.

Overview of Staten Island’s Real Estate Landscape

Staten Island is often called the “borough of parks,” but it’s also becoming a hotspot for real estate buyers who want more space, quieter surroundings, and an escape from Manhattan’s high prices. Compared to other boroughs, homes in Staten Island are more affordable and tend to offer larger lots and square footage.

Why Staten Island Appeals to Homebuyers

• Lower cost of living than Manhattan or Brooklyn
  
  
• Access to beaches, parks, and green space
  
  
• Family-friendly neighborhoods with excellent schools
  
  
• A sense of community and safety
  
  
• Strong rental potential in select areas
  
  

These factors make Staten Island a top pick for homebuyers relocating from other boroughs or even out-of-state transplants.

Current Market Trends in Staten Island (2025)

The Staten Island housing market in 2025 has remained competitive, even amidst fluctuating mortgage rates and inflation pressures.

• Median home price: Approximately $670,000 (as of Q1 2025)
  
  
• Inventory levels: Slightly down compared to 2024, leading to tighter competition
  
  
• Days on market: Most homes go under contract in 20–30 days
  
  

Price Range Across Different Neighborhoods

Types of Properties Available

Buyers can find a diverse range of homes, including:

• Single-family detached homes
  
  
• Multi-family investment properties
  
  
• Co-op apartments and condos
  
  
• Townhouses with shared amenities
  
  

Navigating High Interest Rates and Inflation

Buyers should:

• Get pre-approved early to lock in favorable terms
  
  
• Shop lenders for mortgage rate discounts
  
  
• Use rate buydown programs or seller credits when available
  
  

North Shore vs. South Shore

The Role of Transportation and Commuting

Staten Island remains connected thanks to:

• The Staten Island Ferry (free and scenic)
  
  
• Express buses to Manhattan
  
  
• Verrazzano-Narrows Bridge for Brooklyn access
  
  
• Staten Island Railway for local movement
  
  

Home Buying Strategies in a Competitive Market

To win in today’s market:

• Make a strong, clean offer
  
  
• Be flexible with closing timelines
  
  
• Consider writing a buyer letter to stand out
  
  

Working With a Staten Island Real Estate Agent Team at Your Home Sold Guaranteed Realty Advisors

Our knowledgeable agents can:

• Find Off Market Properties not found on the internet
  
  
• Offer a Buyback Guarantee:  Not satisfied with your next home purchase, we’ll buy it back
  
  
• Get you homes with a Pre-Home Warranty
  
  

Home Inspection and Closing Process in NYC

Expect these steps:

1. Home inspection
   
   
2. Attorney review
   
   
3. Contract signing
   
   
4. Mortgage processing
   
   
5. Final walkthrough and closing
   
   

Investment Potential in Staten Island Properties

Whether you're buying to live or rent:

• Rental yields are strong in multi-family homes
  
  
• Long-term appreciation expected in transit-rich areas
  
  
• Tax benefits for owner-occupied properties
  
  

Common Mistakes to Avoid When Buying in Staten Island

• Skipping pre-approval
  
  
• Underestimating property taxes
  
  
• Not budgeting for commuting costs
  
  
• Waiving inspection in bidding wars
  
  

Frequently Asked Questions

1. Is now a good time to buy a home in Staten Island?

Yes—while rates are higher, prices are still lower compared to other boroughs, making Staten Island a smart long-term investment.

2. Are there affordable neighborhoods for first-time buyers?

Yes! Areas like St. George, New Dorp, and Port Richmond offer great value and strong growth potential.

3. How long does it take to close on a home in Staten Island?

Typically 30 to 60 days, depending on your lender and legal processes.

4. Do I need a car to live in Staten Island?

Not necessarily—many areas are well-connected via ferry and express buses, though a car adds flexibility.

5. What’s the property tax situation like?

Generally lower than other parts of NYC, but varies by neighborhood and home value.

6. Can I find waterfront homes on Staten Island?

Absolutely—look into South Beach, Shore Acres, and Tottenville for coastal living.

Final Thoughts on Buying a Home in Staten Island Today

Buying a home on Staten Island in the current real estate market offers an unbeatable mix of space, value, and future potential. Whether you’re a first-time buyer, upsizing your living space, or investing for rental income—Staten Island delivers big rewards with small-town charm.

And when you work with Your Home Sold Guaranteed Realty Advisors, you’re not just house-hunting—you’re making a smart, guided investment with experts by your side every step of the way. From buyer protections to insider property access, we’re here to help you buy smart, buy fast, and buy with confidence.

Ready to start? Call Your Home Sold Guaranteed Realty Advisors today and let us help you secure your dream home—guaranteed. 718-608-4892

Click here to book a no obligation consultation.

Multiple cash offers on your home in minutes with at least one at

100% of market value.  

Call 718-608-4892 to receive your multiple cash offers today.

Your Home Sold Guaranteed or We'll Buy It!*