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 June 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

$409,966

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$5,016(+1.2%)

Key Takeaway

Homes in Wimauma-Riverview have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Wimauma-Riverview was $409,966 in June 2024, up 1.2% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $198K$185K
-6.6%
2 $289.9K$325K
+12.1%
3 $350K$351.9K
+0.6%
4 $442.1K$434.7K
-1.7%
5+ $520.6K$569.2K
+9.3%

Summary: Wimauma-Riverview housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 9.3%.

Median Sold Price Compared To Nearby Cities

Riverview
+3.2%
Brandon
+2.0%
Wimauma-Riverview
+1.2%
Valrico
+1.2%
Lithia
-4.3%

Housing Supply in Wimauma-Riverview, FL

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

Number of Homes For Sale

May 2024Jun 2024CHANGE
1,6241,496-7.9%

Summary: The Wimauma-Riverview real estate market had 1,496 homes for sale in June 2024, a 7.9% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 33
0.0%
2 116116
0.0%
3 537504
-6.1%
4 672607
-9.7%
5+ 296266
-10.1%

Summary: The Wimauma-Riverview housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 10.1%.

Number of Homes Sold

May 2024Jun 2024CHANGE
418281-32.8%

Asking Price vs. Sold Price

147 Homes Were Sold
Under Asking

103 Homes Were Sold
At Asking

31 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. 52.3% of homes here sold below asking price last month.

Summary: A total of 281 homes were sold or pending in Wimauma-Riverview in June 2024, down by 32.8% month-over-month. Of the 281 sold homes, 52% were sold under asking, 37% 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

Jun 2023Jun 2024CHANGE
43 Days42 Days-2.5%

Summary: Homes in Wimauma-Riverview had an average of 42 days on market in Jun 2024, down by 2.5% compared to last year.

Breakdown of Home Sale Times

152 Homes Were Sold
Under 30 Days

98 Homes Were Sold
In 30 - 90 Days

31 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.

Summary: During June 2024, 281 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 11% 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 26 Days Ago

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