Is Wimauma-Riverview, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wimauma-Riverview has remained a Seller's Market.
Key Takeaway
Wimauma-Riverview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wimauma-Riverview, FL
How much do homes in Wimauma-Riverview, FL cost?
Median Sold Price
$407,701
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Wimauma-Riverview have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Wimauma-Riverview was $407,701 in April 2024, down 0.6% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $198K | $170K | -14.1% |
| 2 Bedrooms | $286K | $305K | +6.6% |
| 3 Bedrooms | $355K | $350K | -1.4% |
| 4 Bedrooms | $450.7K | $433.7K | -3.8% |
| 5+ Bedrooms | $519.4K | $571.4K | +10.0% |
Summary: Wimauma-Riverview housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.1%, 2 bedroom homes increased by 6.6%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 10%.
Housing Supply in Wimauma-Riverview, FL
How many homes are available in Wimauma-Riverview, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,320 | 1,376 | +4.2% |
Summary: The Wimauma-Riverview real estate market had 1,376 homes for sale in April 2024, a 4.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 92 | 99 | +7.6% |
| 3 Bedrooms | 487 | 485 | -0.4% |
| 4 Bedrooms | 525 | 554 | +5.5% |
| 5+ Bedrooms | 213 | 235 | +10.3% |
Summary: The Wimauma-Riverview housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.6%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 257 | 264 | +2.7% |
Asking Price vs. Sold Price
131 Homes Were Sold
Under Asking
86 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wimauma-Riverview, you may be able to get a good deal. 49.6% of homes here sold below asking price last month.
Summary: A total of 264 homes were sold or pending in Wimauma-Riverview in April 2024, up by 2.7% month-over-month. Of the 264 sold homes, 50% were sold under asking, 33% were sold at asking, and 18% were sold over asking.
Days on Market for Wimauma-Riverview, FL
How long does it take to sell a home in Wimauma-Riverview, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 57 Days | 42 Days | -25.5% |
Summary: Homes in Wimauma-Riverview had an average of 42 days on market in Apr 2024, down by 25.5% compared to last year.
Breakdown of Home Sale Times
150 Homes Were Sold
Under 30 Days
74 Homes Were Sold
In 30 - 90 Days
40 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wimauma-Riverview are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 264 homes were sold in Wimauma-Riverview; 57% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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