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 May 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

$409,977

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$2,632(+0.6%)

Key Takeaway

Homes in Wimauma-Riverview have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Wimauma-Riverview was $409,977 in May 2024, up 0.6% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $198K$185K
-6.6%
2 $286.6K$315K
+9.9%
3 $350K$351.1K
0.3%
4 $449.9K$435K
-3.3%
5+ $520K$569.5K
+9.5%

Summary: Wimauma-Riverview housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Cities

Brandon
+1.8%
Riverview
+1.8%
Wimauma-Riverview
+0.6%
Valrico
0.2%
Lithia
-2.0%

Housing Supply in Wimauma-Riverview, FL

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

Number of Homes For Sale

Apr 2024May 2024CHANGE
1,4961,557+4.1%

Summary: The Wimauma-Riverview real estate market had 1,557 homes for sale in May 2024, a 4.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 23
+50.0%
2 119114
-4.2%
3 503506
+0.6%
4 601649
+8.0%
5+ 271285
+5.2%

Summary: The Wimauma-Riverview housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 5.2%.

Number of Homes Sold

Apr 2024May 2024CHANGE
286376+31.5%

Asking Price vs. Sold Price

179 Homes Were Sold
Under Asking

156 Homes Were Sold
At Asking

41 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. 47.6% of homes here sold below asking price last month.

Summary: A total of 376 homes were sold or pending in Wimauma-Riverview in May 2024, up by 31.5% month-over-month. Of the 376 sold homes, 48% were sold under asking, 41% 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

May 2023May 2024CHANGE
46 Days43 Days-6.6%

Summary: Homes in Wimauma-Riverview had an average of 43 days on market in May 2024, down by 6.6% compared to last year.

Breakdown of Home Sale Times

204 Homes Were Sold
Under 30 Days

133 Homes Were Sold
In 30 - 90 Days

39 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 May 2024, 376 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 10% 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 16 Days Ago

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