Is Wimauma-Riverview, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wimauma-Riverview is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Wimauma-Riverview was a Seller's Market.

Key Takeaway

Wimauma-Riverview 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 Wimauma-Riverview, FL

How much do homes in Wimauma-Riverview, FL cost?

Median Sold Price

$410,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,852(+2.5%)

Key Takeaway

Homes in Wimauma-Riverview have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Wimauma-Riverview was $410,000 in October 2024, up 2.5% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $170K$222.5K
+30.9%
2 $298.4K$315K
+5.6%
3 $346.4K$355K
+2.5%
4 $429.2K$432.5K
+0.8%
5+ $552.9K$556.5K
+0.7%

Summary: Wimauma-Riverview housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.9%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Cities

Lithia
+4.4%
Wimauma-Riverview
+2.5%
Riverview
+1.7%
Valrico
+1.2%
Brandon
0.5%

Housing Supply in Wimauma-Riverview, FL

How many homes are available in Wimauma-Riverview, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,3651,232-9.7%

Summary: The Wimauma-Riverview real estate market had 1,232 homes for sale in October 2024, a 9.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 121108
-10.7%
3 473426
-9.9%
4 522482
-7.7%
5+ 248214
-13.7%

Summary: The Wimauma-Riverview housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 13.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
242197-18.6%

Asking Price vs. Sold Price

105 Homes Were Sold
Under Asking

71 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wimauma-Riverview, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 197 homes were sold or pending in Wimauma-Riverview in October 2024, down by 18.6% month-over-month. Of the 197 sold homes, 53% were sold under asking, 36% were sold at asking, and 11% were sold over asking.

Days on Market for Wimauma-Riverview, FL

How long does it take to sell a home in Wimauma-Riverview, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days54 Days+28.6%

Summary: Homes in Wimauma-Riverview had an average of 54 days on market in Oct 2024, up by 28.6% compared to last year.

Breakdown of Home Sale Times

76 Homes Were Sold
Under 30 Days

86 Homes Were Sold
In 30 - 90 Days

35 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wimauma-Riverview has remained consistent over time.

Summary: During October 2024, 197 homes were sold in Wimauma-Riverview; 39% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 18% 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 16 Days Ago

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