Is Riverdale, GA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Riverdale is a neutral's market


Difference Since May 2023

At the same time last year, Riverdale was a Seller's Market.

Key Takeaway

Riverdale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Riverdale, GA

How much do homes in Riverdale, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Riverdale have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Riverdale was $239,600 in May 2024, up 4.2% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
2 $160K$194.2K
3 $222.7K$232K
4 $265.5K$264.9K
5+ $270K$305K

Summary: Riverdale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 13%.

Housing Supply in Riverdale, GA

How many homes are available in Riverdale, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Riverdale real estate market had 283 homes for sale in May 2024, a 16.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
2 1111
3 127152
4 85101
5+ 1919

Summary: The Riverdale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Riverdale, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in Riverdale in May 2024, up by 7.1% month-over-month. Of the 42 sold homes, 45% were sold under asking, 24% were sold at asking, and 31% were sold over asking.

Days on Market for Riverdale, GA

How long does it take to sell a home in Riverdale, GA?

Average Sale Time

May 2023May 2024CHANGE
39 Days26 Days-32.3%

Summary: Homes in Riverdale had an average of 26 days on market in May 2024, down by 32.3% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Riverdale are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 45 homes were sold in Riverdale; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 4% 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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