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Staten Island Housing Market Shows Resilience

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  Published in House and Home on Saturday, January 10th 2026 at 6:21 GMT by Staten Island Advance

Staten Island, NY - January 10th, 2026 - The Staten Island real estate market is demonstrating surprising resilience and a surprising degree of stability, according to a newly released report. With a median home price of $750,000, the island's housing landscape has settled into a competitive yet manageable environment, a considerable shift from the frenzied pace observed just a few years ago. This report, becoming a key reference point for local residents and investors, paints a picture of measured sales activity, balanced inventory, and increasingly informed buyers.

A Shift from Frenzy to Informed Decisions

Looking back at the early 2020s, the Staten Island housing market was characterized by bidding wars, rapidly escalating prices, and a distinct lack of inventory. While prices have certainly increased over the last few years - driven by factors like low interest rates and increased demand - the market has demonstrably cooled. The current $750,000 median price represents a plateau, a sign that the rapid ascent has paused. What's more significant is the change in buyer behavior. The days of impulsive offers significantly over asking price seem to be largely over.

"We've moved beyond the panic-buying phase," explains Amelia Rossi, a senior real estate analyst at Coastal Realty Group, a local firm. "Buyers are now conducting thorough inspections, considering long-term investment potential, and actively negotiating. They're looking for value, not just a place to live." This shift underscores a maturation of the market, where fundamental economic factors and realistic valuations are taking precedence.

Inventory and Competitive Dynamics

While the market isn't experiencing a buyer's advantage per se, inventory levels remain at a moderate point. This provides potential buyers with a more reasonable selection of properties compared to the near-desolate options of prior years. However, the competitive landscape hasn't entirely disappeared. Desirable properties - those boasting updated kitchens, proximity to waterfront views, or situated in highly sought-after neighborhoods like Todt Hill and Grymes Hill - still frequently attract multiple offers. The report indicates that these properties continue to command premiums, although the extent of the premium is notably less than what was witnessed during the peak frenzy.

"The 'move-in ready' homes, especially those with modern amenities and desirable features, are still the hottest commodities," notes Rossi. "Buyers are willing to pay a bit more for something that eliminates the hassle and expense of renovations." This preference is fueling a trend towards increased investment in home upgrades by current owners looking to maximize their property's appeal.

Looking Ahead: Stability and Potential Risks

Experts generally anticipate that the $750,000 median price will remain relatively stable in the near future. Significant price fluctuations would likely necessitate substantial changes in the broader economic climate. Factors like interest rate adjustments, employment trends, and overall consumer confidence will continue to exert influence on the market's direction.

One potential risk lies in the broader national economic outlook. While Staten Island's real estate market has proven more resilient than some other regions, a significant recession or downturn could still impact property values. The ongoing global supply chain challenges, although somewhat improved, also remain a lingering uncertainty that could indirectly affect construction costs and material availability, ultimately impacting new developments and renovations.

Advice for Buyers and Sellers

For potential buyers, the current market presents a more realistic opportunity to secure a property. Taking the time to thoroughly research neighborhoods, obtain pre-approval for a mortgage, and working with a reputable real estate agent is crucial. Negotiation is now more likely to be successful, but careful due diligence is paramount.

Sellers, too, can benefit from a pragmatic approach. Pricing properties competitively, showcasing their best features, and being open to negotiation are key strategies for attracting buyers. The days of overpricing and expecting a bidding war are over; realistic expectations and a willingness to address buyer concerns are essential for a successful sale. Consideration of professional staging and minor upgrades can further enhance a property's appeal.

This report reinforces the message that the Staten Island housing market, while still competitive, has entered a new phase of stability and informed decision-making. Navigating this market effectively requires a keen understanding of the current trends and a commitment to informed action.