Is Riverview, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Riverview has remained a Seller's Market.
Key Takeaway
Riverview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riverview, MO
How much do homes in Riverview, MO cost?
Median Sold Price
$52,000
$38/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Riverview have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Riverview was $52,000 in March 2024, up 11.2% from last year, and the median price per square foot was $38.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $16K | - | N/A |
| 2 Bedrooms | $44K | $34.2K | -22.2% |
| 3 Bedrooms | $69.2K | $69.6K | +0.6% |
| 4 Bedrooms | $88.5K | $71K | -19.8% |
| 5+ Bedrooms | - | $84K | N/A |
Summary: Riverview housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Riverview | $46.7K | $52K | +11.2% |
| Saint Louis | $206K | $216.9K | +5.3% |
| Bellefontaine Neighbors | $92.2K | $85K | -7.9% |
| Saint Ferdinand Township | $83.7K | $76.1K | -9.1% |
Housing Supply in Riverview, MO
How many homes are available in Riverview, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Summary: The Riverview real estate market had 16 homes for sale in March 2024, a 11.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Riverview housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Riverview, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Riverview in March 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Riverview, MO
How long does it take to sell a home in Riverview, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 30 Days | +0.8% |
Summary: Homes in Riverview had an average of 30 days on market in Mar 2024, up by 0.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Riverview are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Riverview; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.