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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Riverbank is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Riverbank was a Seller's Market.

Key Takeaway

Riverbank is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Riverbank, CA

How much do homes in Riverbank, CA cost?

Median Sold Price

$521,900

$390/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$111,900(+27.3%)

Key Takeaway

Homes in Riverbank have sold for 27.3% more than they did a month ago.

Summary: The median home sold price in Riverbank was $521,900 in November 2024, up 27.3% from last month, and the median price per square foot was $390.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $410K$521.9K
+27.3%
4 $530K-
N/A
5+ $400K-
N/A

Summary: Riverbank housing prices by bedroom type for November 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 increased by 27.3%, 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

Oct 2024Nov 2024CHANGE
1014+40.0%

Summary: The Riverbank real estate market had 14 homes for sale in November 2024, a 40.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 59
+80.0%
4 44
0.0%
5+ 11
0.0%

Summary: The Riverbank housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Riverbank in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Riverbank, CA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 2 Days Ago

Newest Listings in Riverbank, CA

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