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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wimauma-Riverview is a seller's market

Buyer's
Market

Difference Since November 2021

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.

How much do homes in Wimauma-Riverview, FL cost?

Median Sold Price

$410,514

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$78,812(+23.8%)

Key Takeaway

Homes in Wimauma-Riverview have sold for 23.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $126K$156.5K
+24.2%
2 $235K$281K
+19.6%
3 $282.4K$355.5K
+25.9%
4 $360.6K$445K
+23.4%
5+ $432.9K$524.2K
+21.1%

Median Sold Price Compared To Nearby Cities

Lithia
+26.7%
Riverview
+24.3%
Wimauma-Riverview
+23.8%
Brandon
+23.4%
Valrico
+22.7%

How many homes are available in Wimauma-Riverview, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
1,054917-13.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 01
+100.0%
2 7368
-6.8%
3 381325
-14.7%
4 443390
-12.0%
5+ 157133
-15.3%

Number of Homes Sold

Oct 2022Nov 2022%
267173-35.2%

Asking Price vs. Sold Price

90 Homes Were Sold
Under Asking

54 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wimauma-Riverview, you may be able to get a good deal. 52% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
9 Days33 Days+234.5%

Breakdown of Home Sale Times

102 Homes Were Sold
Under 30 Days

60 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wimauma-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 Wimauma-Riverview, FL

There are 917 homes are for sale in Wimauma-Riverview, FL real estate market. The number of homes for sale in Wimauma-Riverview, FL decreased by 13% between October 2022 and November 2022. In November 2022 median list price was $410,514 and the average listing age was 33 days. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 24.2%, prices of 2 bedrooms properties increased by 19.6%, the cost of 3 bedrooms properties went up by 25.9%, prices of 4 bedrooms properties went up by 23.4%, 5 bedrooms properties became 21.1% more expensive. This housing market inventory have changed: the quantity of 1 bedroom homes went up by 100%, 2 bedrooms homes inventory decreased by 6.8%, 3 bedrooms homes inventory decreased by 14.7%, the quantity of 4 bedrooms homes went down by 12%, the quantity of 5 bedrooms homes went down by 15.3%. In November 2022, from all listings sold in Wimauma-Riverview, FL there were more than 29 sold above asking price, over 90 sold below and more than 54 were sold right at the asked price.

Related Housing Market Reports