Is Wimauma-Riverview, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Wimauma-Riverview has remained a Seller's Market.
Key Takeaway
Wimauma-Riverview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wimauma-Riverview, FL
How much do homes in Wimauma-Riverview, FL cost?
Median Sold Price
$409,977
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wimauma-Riverview have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Wimauma-Riverview was $409,977 in May 2024, up 0.6% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $198K | $185K | -6.6% |
| 2 Bedrooms | $286.6K | $315K | +9.9% |
| 3 Bedrooms | $350K | $351.1K | 0.3% |
| 4 Bedrooms | $449.9K | $435K | -3.3% |
| 5+ Bedrooms | $520K | $569.5K | +9.5% |
Summary: Wimauma-Riverview housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 9.5%.
Housing Supply in Wimauma-Riverview, FL
How many homes are available in Wimauma-Riverview, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1,496 | 1,557 | +4.1% |
Summary: The Wimauma-Riverview real estate market had 1,557 homes for sale in May 2024, a 4.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 119 | 114 | -4.2% |
| 3 Bedrooms | 503 | 506 | +0.6% |
| 4 Bedrooms | 601 | 649 | +8.0% |
| 5+ Bedrooms | 271 | 285 | +5.2% |
Summary: The Wimauma-Riverview housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 5.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 286 | 376 | +31.5% |
Asking Price vs. Sold Price
179 Homes Were Sold
Under Asking
156 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wimauma-Riverview, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 376 homes were sold or pending in Wimauma-Riverview in May 2024, up by 31.5% month-over-month. Of the 376 sold homes, 48% were sold under asking, 41% were sold at asking, and 11% were sold over asking.
Days on Market for Wimauma-Riverview, FL
How long does it take to sell a home in Wimauma-Riverview, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 46 Days | 43 Days | -6.6% |
Summary: Homes in Wimauma-Riverview had an average of 43 days on market in May 2024, down by 6.6% compared to last year.
Breakdown of Home Sale Times
204 Homes Were Sold
Under 30 Days
133 Homes Were Sold
In 30 - 90 Days
39 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wimauma-Riverview are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 376 homes were sold in Wimauma-Riverview; 54% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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