$7,481 Closing Credit*
$629,990
2,855 SqFt
3 Beds
•2 Full Baths
Keegan Siegfried, Listing Office: LPT REALTY
Is River Ridge, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, River Ridge was a Seller's Market.
Key Takeaway
River Ridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in River Ridge, FL
How much do homes in River Ridge, FL cost?
Median Sold Price
$349,900
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,100(-2.8%)
Key Takeaway
Homes in River Ridge have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in River Ridge was $349,900 in November 2024, down 2.8% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155.7K | $174K | +11.7% |
| 2 Bedrooms | $235K | $300K | +27.7% |
| 3 Bedrooms | $365K | $352.5K | -3.4% |
| 4 Bedrooms | $475K | $425K | -10.5% |
| 5+ Bedrooms | $460K | $516K | +12.2% |
Summary: River Ridge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 27.7%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 12.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Hidden Lakes | $432.5K | $480K | +11.0% |
| River Ridge | $360K | $349.9K | -2.8% |
| Moon Lake | $215K | $190K | -11.6% |
Housing Supply in River Ridge, FL
How many homes are available in River Ridge, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 43 | -8.5% |
Summary: The River Ridge real estate market had 43 homes for sale in November 2024, a 8.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 30 | 30 | 0.0% |
| 4 Bedrooms | 7 | 3 | -57.1% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The River Ridge 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 decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in River Ridge, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in River Ridge in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for River Ridge, FL
How long does it take to sell a home in River Ridge, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 46 Days | +246.3% |
Summary: Homes in River Ridge had an average of 46 days on market in Nov 2024, up by 246.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in River Ridge has remained consistent over time.
Summary: During November 2024, 5 homes were sold in River Ridge; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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