$2,434 Closing Credit*
$205,000
1,000 SqFt
2 Beds
•2 Full Baths
Barbara M Landfair, Listing Office: BHGRE Metro Brokers
Is Riverdale, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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
$238,750
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$7,750(+3.4%)
Key Takeaway
Homes in Riverdale have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Riverdale was $238,750 in September 2024, up 3.4% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | - | N/A |
| 2 Bedrooms | $172.5K | $194.7K | +12.9% |
| 3 Bedrooms | $225K | $230K | +2.2% |
| 4 Bedrooms | $261K | $260K | -0.4% |
| 5+ Bedrooms | $301.2K | $295K | -2.1% |
Summary: Riverdale housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 2.1%.
Housing Supply in Riverdale, GA
How many homes are available in Riverdale, GA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 315 | 338 | +7.3% |
Summary: The Riverdale real estate market had 338 homes for sale in September 2024, a 7.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 185 | 200 | +8.1% |
| 4 Bedrooms | 94 | 105 | +11.7% |
| 5+ Bedrooms | 20 | 17 | -15.0% |
Summary: The Riverdale housing inventory by bedroom type for September 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 8.1%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 15%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 60 | 50 | -16.7% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Riverdale, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in Riverdale in September 2024, down by 16.7% month-over-month. Of the 42 sold homes, 50% were sold under asking, 19% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 28 Days | 40 Days | +43.1% |
Summary: Homes in Riverdale had an average of 40 days on market in Sep 2024, up by 43.1% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Riverdale are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 50 homes were sold in Riverdale; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.