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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Riverview is a seller's market

Buyer's
Market

Difference Since September 2021

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.

How much do homes in Riverview, FL cost?

Median Sold Price

$383,382

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$84,538(+28.3%)

Key Takeaway

Homes in Riverview have sold for 28.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $115K$165K
+43.5%
2 $189.6K$255K
+34.4%
3 $255K$335K
+31.4%
4 $336.5K$425K
+26.3%
5+ $405.6K$525K
+29.4%

Median Sold Price Compared To Nearby Cities

Gibsonton
+36.3%
Palm River-Gibsonton
+33.5%
Riverview
+28.3%
Brandon
+26.4%
Valrico
+24.1%

How many homes are available in Riverview, FL?

Number of Homes For Sale

Aug 2022Sep 2022%
863763-11.6%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 11
0.0%
2 6253
-14.5%
3 356299
-16.0%
4 326302
-7.4%
5+ 118108
-8.5%

Number of Homes Sold

Aug 2022Sep 2022%
215175-18.6%

Asking Price vs. Sold Price

89 Homes Were Sold
Under Asking

39 Homes Were Sold
At Asking

47 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. 50.9% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
8 Days22 Days+179.4%

Breakdown of Home Sale Times

123 Homes Were Sold
Under 30 Days

51 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

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

About Riverview, FL

Riverview, FL has 763 homes for sale to choose from. The number of listings in Riverview, FL decreased by 11.6% between August 2022 and September 2022. Listings spent 22 days on the market in September 2022, and had a median list price of $383,382 during the same period. Real estate listing prices changed between August 2022 and September 2022: prices of 1 bedroom properties increased by 43.5%, 2 bedrooms properties became 34.4% more expensive, the cost of 3 bedrooms properties went up by 31.4%, prices of 4 bedrooms properties went up by 26.3%, prices of 5 bedrooms properties went up by 29.4%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went down by 14.5%, number of 3 bedrooms homes decreased by 16%, volume of 4 bedrooms homes went down by 7.4%, volume of 5 bedrooms homes went down by 8.5%. Over 47 listings were sold over their listed price in September 2022 in Riverview, FL. In the same period over 89 listings were sold below the listed price and 39 listings were sold for the listed price.

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