Housing Prices in Riverside, TN
How much do homes in Riverside, TN cost?
Median List Price
$55,000
$83/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Riverside has increased by 10% since last year.
Summary: The median home list price in Riverside was $55,000 in April 2024, up 10% from the previous year, and the median price per square foot was $83.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $105K | N/A |
| 2 Bedrooms | $34.9K | $49.5K | +41.6% |
| 3 Bedrooms | $72.7K | $60K | -17.5% |
| 4 Bedrooms | $75K | $99.9K | +33.3% |
| 5+ Bedrooms | - | $139K | N/A |
Summary: Riverside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.6%, 3 bedroom homes decreased by 17.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Neighborhoods
| Riverside | $50K | $55K | +10.0% |
| South Memphis | $65K | $53.5K | -17.7% |
Housing Supply in Riverside, TN
How many homes are available in Riverside, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Riverside real estate market had 16 homes for sale in April 2024, a 6.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Riverside housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Days on Market for Riverside, TN
How long does it take to sell a home in Riverside, TN?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 284 Days | 173 Days | -38.8% |
Summary: Homes in Riverside had an average listing age of 173 days in Apr 2024, down by 38.8% compared to the previous year.
