Is Wimauma-Riverview, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Wimauma-Riverview has remained a Seller's Market.
Housing Prices in Wimauma-Riverview, FL
How much do homes in Wimauma-Riverview, FL cost?
Median Sold Price
$404,998
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Wimauma-Riverview was $404,998 in March 2024, down 2.4% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $198K | $161K | -18.7% |
2 Bedrooms | $287K | $305K | +6.3% |
3 Bedrooms | $355.9K | $349.9K | -1.7% |
4 Bedrooms | $451.1K | $430.7K | -4.5% |
5+ Bedrooms | $519.3K | $578.3K | +11.4% |
Summary: Wimauma-Riverview housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.7%, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 11.4%.
Housing Supply in Wimauma-Riverview, FL
How many homes are available in Wimauma-Riverview, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,208 | 1,261 | +4.4% |
Summary: The Wimauma-Riverview real estate market had 1,261 homes for sale in March 2024, a 4.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 83 | 89 | +7.2% |
3 Bedrooms | 445 | 476 | +7.0% |
4 Bedrooms | 479 | 498 | +4.0% |
5+ Bedrooms | 197 | 195 | -1.0% |
Summary: The Wimauma-Riverview housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
235 | 240 | +2.1% |
Asking Price vs. Sold Price
132 Homes Were Sold
Under Asking
73 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Summary: A total of 240 homes were sold or pending in Wimauma-Riverview in March 2024, up by 2.1% month-over-month. Of the 240 sold homes, 55% were sold under asking, 30% were sold at asking, and 15% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 58 Days | +10.0% |
Summary: Homes in Wimauma-Riverview had an average of 58 days on market in Mar 2024, up by 10% compared to last year.
Breakdown of Home Sale Times
109 Homes Were Sold
Under 30 Days
68 Homes Were Sold
In 30 - 90 Days
63 Homes Were Sold
Over 90 Days
Summary: During March 2024, 240 homes were sold in Wimauma-Riverview; 45% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.