Ravena, NY housing market
The typical Ravena home is worth about $298,000, up 2.5% in a year, 43% below the New York typical home.
Home values, sales, trends and how Ravena compares with the towns next door — updated as new data is published.
Ravena at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Ravena | New York |
|---|---|---|
| 2017 | $175,000 | $298,000 |
| 2018 | $182,000 | $317,000 |
| 2019 | $190,000 | $337,000 |
| 2020 | $198,000 | $353,000 |
| 2021 | $215,000 | $379,000 |
| 2022 | $240,000 | $417,000 |
| 2023 | $254,000 | $437,000 |
| 2024 | $271,000 | $458,000 |
| 2025 | $290,000 | $489,000 |
| 2026 | $289,000 | $510,000 |
| August 2026 | $298,000 | $527,000 |
6 new homes permitted in 2025
Builders were permitted 6 new homes in Ravena in 2025, all single-family houses. That's 1.9 per 1,000 residents, about the pace of New York as a whole. Over the past 10 years, Ravena has permitted 20 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Ravena gained 3 residents while 17 new homes were permitted: about 0.2 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across New York: 2.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 6 | 6 | 0 | $980,000 |
| 2024 | 6 | 1 | 5 | $820,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 1 | 1 | 0 | $263,000 |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 1 | 1 | 0 | $140,000 |
| 2018 | 5 | 2 | 3 | $600,000 |
| 2017 | 1 | 1 | 0 | $300,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 1 | 1 | 0 | $156,000 |
| 2012 | 1 | 1 | 0 | $80,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 8 | 0 | 8 | $400,000 |
| 2009 | 1 | 1 | 0 | $90,000 |
| 2008 | 4 | 4 | 0 | $310,000 |
| 2007 | 5 | 5 | 0 | $716,000 |
| 2006 | 11 | 11 | 0 | $1.8 million |
| 2005 | 11 | 11 | 0 | $1.6 million |
| 2004 | 9 | 9 | 0 | $1.4 million |
| 2003 | 6 | 6 | 0 | $736,000 |
| 2002 | 3 | 3 | 0 | $365,000 |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 3 | 3 | 0 | $235,000 |
How Ravena ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
3.9 years of income
The typical Ravena home costs about 3.9 years of the town's median household income, less than across New York (6.1 years).
How Ravena ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,520
HUD's Fair Market Rent for a two-bedroom in Ravena is $1,520 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ravena pay a median of $1,122, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.
Studio $1,090 · 4 bedrooms $2,030
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (12143, 12158; Albany-Schenectady-Troy, NY MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Ravena
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.