Is Riverview, FL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Riverview is a seller's market


Difference Since February 2023

Since last year, Riverview has remained a Seller's Market.

Key Takeaway

Riverview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Riverview, FL

How much do homes in Riverview, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2023


Key Takeaway

Homes in Riverview have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Riverview was $389,942 in February 2024, down 1.4% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $191K$170K
2 $260.6K$258K
3 $346.3K$338.9K
4 $441K$426.2K
5+ $525K$546.3K

Summary: Riverview housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11%, 2 bedroom homes decreased by 1%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 4.1%.

Median Sold Price Compared To Nearby Cities

Palm River-Gibsonton

Housing Supply in Riverview, FL

How many homes are available in Riverview, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE

Summary: The Riverview real estate market had 800 homes for sale in February 2024, a 8.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 10
2 6761
3 283315
4 279307
5+ 105117

Summary: The Riverview housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 11.4%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE

Asking Price vs. Sold Price

85 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Riverview, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 136 homes were sold or pending in Riverview in February 2024, up by 7.1% month-over-month. Of the 136 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% 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

Feb 2023Feb 2024CHANGE
52 Days57 Days+8.2%

Summary: Homes in Riverview had an average of 57 days on market in Feb 2024, up by 8.2% compared to last year.

Breakdown of Home Sale Times

62 Homes Were Sold
Under 30 Days

45 Homes Were Sold
In 30 - 90 Days

29 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Riverview are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 136 homes were sold in Riverview; 46% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Riverview, FL

Nearby Markets to Riverview, FL

What housing markets are near Riverview, FL?