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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Riverdale is a neutral's market

Buyer's
Market

Difference Since April 2021

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.

How much do homes in Riverdale, GA cost?

Median Sold Price

$210,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$42,000(+25.0%)

Key Takeaway

Homes in Riverdale have sold for 25% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 --
N/A
2 $107K$128K
+19.6%
3 $159K$196K
+23.3%
4 $179.3K$245.1K
+36.7%
5+ $206K$245.1K
+19.0%

How many homes are available in Riverdale, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
4635-23.9%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 76
-14.3%
3 2920
-31.0%
4 98
-11.1%
5+ 11
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
266-76.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 75% of homes here sold below asking price last month.

Average Sale Time

Apr 2021Apr 2022%
13 Days2 Days-81.4%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Riverdale, GA

There are 35 homes are for sale in Riverdale, GA real estate market. In April 2022 in Riverdale, GA there were 23.9% less homes for sale than in March 2022. In April 2022, listings were on the market for 2 days. During the same period, the median list price in this real estate market was $210,000. From March 2022 through April 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 19.6%, 3 bedrooms properties became 23.3% more expensive, the cost of 4 bedrooms properties went up by 36.7%, 5 bedrooms properties prices increased by 19%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 14.3%, number of 3 bedrooms homes decreased by 31%, 4 bedrooms homes inventory decreased by 11.1%, volume of 5 bedrooms homes stayed the same. Over 1 listings were sold over their listed price in April 2022 in Riverdale, GA. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price.