Is Riverdale, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Riverdale has remained a Seller's Market.
Housing Prices in Riverdale, GA
How much do homes in Riverdale, GA cost?
Median Sold Price
$238,497
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Riverdale was $238,497 in June 2024, up 3.7% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $165K | $194.9K | +18.1% |
3 Bedrooms | $222.6K | $230.1K | +3.4% |
4 Bedrooms | $265K | $260K | -1.9% |
5+ Bedrooms | $298.7K | $299.9K | 0.4% |
Summary: Riverdale housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 0.4%.
Housing Supply in Riverdale, GA
How many homes are available in Riverdale, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
265 | 288 | +8.7% |
Summary: The Riverdale real estate market had 288 homes for sale in June 2024, a 8.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 141 | 163 | +15.6% |
4 Bedrooms | 94 | 95 | +1.1% |
5+ Bedrooms | 19 | 18 | -5.3% |
Summary: The Riverdale 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 increased by 9.1%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 5.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
53 | 51 | -3.8% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in Riverdale in June 2024, down by 3.8% month-over-month. Of the 46 sold homes, 41% were sold under asking, 26% were sold at asking, and 33% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
28 Days | 40 Days | +44.7% |
Summary: Homes in Riverdale had an average of 40 days on market in Jun 2024, up by 44.7% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During June 2024, 51 homes were sold in Riverdale; 55% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.