Is Riverbank, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Riverbank is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Riverbank was a Neutral Market.

Key Takeaway

Riverbank is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Riverbank, CA

How much do homes in Riverbank, CA cost?

Median Sold Price

$509,000

$346/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$12,900(-2.5%)

Key Takeaway

Homes in Riverbank have sold for 2.5% less than they did a month ago.

Summary: The median home sold price in Riverbank was $509,000 in December 2024, down 2.5% from last month, and the median price per square foot was $346.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $521.9K$509K
-2.5%
4 --
N/A
5+ --
N/A

Summary: Riverbank housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Riverbank, CA

How many homes are available in Riverbank, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1415+7.1%

Summary: The Riverbank real estate market had 15 homes for sale in December 2024, a 7.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 98
-11.1%
4 46
+50.0%
5+ 11
0.0%

Summary: The Riverbank housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Riverbank, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Riverbank in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Riverbank, CA

How long does it take to sell a home in Riverbank, CA?

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Riverbank are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Riverbank; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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