Is Riverview, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Riverview has remained a Seller's Market.
Housing Prices in Riverview, FL
How much do homes in Riverview, FL cost?
Median Sold Price
$390,028
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Riverview was $390,028 in April 2024, down 0.2% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $148K | $170K | +14.9% |
2 Bedrooms | $260K | $260K | 0.0% |
3 Bedrooms | $345.1K | $343K | -0.6% |
4 Bedrooms | $436.7K | $429.3K | -1.7% |
5+ Bedrooms | $508.7K | $559.7K | +10.0% |
Summary: Riverview housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.9%, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
Brandon | $364.2K | $370K | +1.6% |
Palm River-Gibsonton | $330.4K | $335K | +1.4% |
Valrico | $420.6K | $426.2K | +1.3% |
Riverview | $391K | $390K | -0.2% |
Gibsonton | $350K | $343K | -2.0% |
Housing Supply in Riverview, FL
How many homes are available in Riverview, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
907 | 934 | +3.0% |
Summary: The Riverview real estate market had 934 homes for sale in April 2024, a 3.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 69 | 67 | -2.9% |
3 Bedrooms | 368 | 372 | +1.1% |
4 Bedrooms | 342 | 351 | +2.6% |
5+ Bedrooms | 126 | 142 | +12.7% |
Summary: The Riverview housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 12.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
174 | 196 | +12.6% |
Asking Price vs. Sold Price
100 Homes Were Sold
Under Asking
59 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Summary: A total of 196 homes were sold or pending in Riverview in April 2024, up by 12.6% month-over-month. Of the 196 sold homes, 51% were sold under asking, 30% were sold at asking, and 19% were sold over asking.
Days on Market for Riverview, FL
How long does it take to sell a home in Riverview, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 46 Days | -18.4% |
Summary: Homes in Riverview had an average of 46 days on market in Apr 2024, down by 18.4% compared to last year.
Breakdown of Home Sale Times
106 Homes Were Sold
Under 30 Days
55 Homes Were Sold
In 30 - 90 Days
35 Homes Were Sold
Over 90 Days
Summary: During April 2024, 196 homes were sold in Riverview; 54% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.