Is Riverdale, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Riverdale was a Seller's Market.
Housing Prices in Riverdale, GA
How much do homes in Riverdale, GA cost?
Median Sold Price
$236,977
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Riverdale was $236,977 in April 2024, up 0.4% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $154.5K | $194.5K | +25.9% |
3 Bedrooms | $228K | $230K | +0.9% |
4 Bedrooms | $273.2K | $262K | -4.1% |
5+ Bedrooms | $318.5K | $301K | -5.5% |
Summary: Riverdale 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 25.9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in Riverdale, GA
How many homes are available in Riverdale, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
230 | 260 | +13.0% |
Summary: The Riverdale real estate market had 260 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 123 | 138 | +12.2% |
4 Bedrooms | 70 | 88 | +25.7% |
5+ Bedrooms | 24 | 20 | -16.7% |
Summary: The Riverdale 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 7.7%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 25.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 44 | -29.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Riverdale in April 2024, down by 29.0% month-over-month. Of the 37 sold homes, 49% were sold under asking, 30% were sold at asking, and 22% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 58 Days | +80.4% |
Summary: Homes in Riverdale had an average of 58 days on market in Apr 2024, up by 80.4% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 44 homes were sold in Riverdale; 48% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.