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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Riverdale is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Riverdale was a Seller's Market.

Key Takeaway

Riverdale 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 Riverdale, CA

How much do homes in Riverdale, CA cost?

Median Sold Price

$360,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$107,550(+42.6%)

Key Takeaway

Homes in Riverdale have sold for 42.6% more than they did a year ago.

Summary: The median home sold price in Riverdale was $360,000 in October 2024, up 42.6% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $206K$309.9K
+50.4%
3 $258.9K$360K
+39.0%
4 $249.5K$362.5K
+45.3%
5+ $319K$637.5K
+99.8%

Summary: Riverdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 50.4%, 3 bedroom homes increased by 39%, 4 bedroom homes increased by 45.3%, and 5+ bedroom homes increased by 99.8%.

Median Sold Price Compared To Nearby Cities

Riverdale
+42.6%
Caruthers
+2.2%
San Joaquin-Tranquillity
-10.3%

Housing Supply in Riverdale, CA

How many homes are available in Riverdale, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
913+44.4%

Summary: The Riverdale real estate market had 13 homes for sale in October 2024, a 44.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 35
+66.7%
4 45
+25.0%
5+ 11
0.0%

Summary: The Riverdale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Riverdale, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Riverdale in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Riverdale, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days15 Days+29.2%

Summary: Homes in Riverdale had an average of 15 days on market in Oct 2024, up by 29.2% compared to last year.

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 Riverdale are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Riverdale; 100% 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 21 Days Ago

Newest Listings in Riverdale, CA

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