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 November 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 November 2023

+$8,846(+2.2%)

Key Takeaway

Homes in Wimauma-Riverview have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Wimauma-Riverview was $410,000 in November 2024, up 2.2% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $170K$222.5K
+30.9%
2 $305K$315K
+3.3%
3 $347K$355K
+2.3%
4 $427.5K$435K
+1.8%
5+ $557.5K$556.1K
-0.2%

Summary: Wimauma-Riverview housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.9%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 0.2%.

Median Sold Price Compared To Nearby Cities

Lithia
+4.5%
Wimauma-Riverview
+2.2%
Valrico
+0.9%
Riverview
+0.6%
Brandon
0.5%

Housing Supply in Wimauma-Riverview, FL

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,2171,2190.2%

Summary: The Wimauma-Riverview real estate market had 1,219 homes for sale in November 2024, a 0.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 109112
+2.8%
3 420414
-1.4%
4 469470
0.2%
5+ 217221
+1.8%

Summary: The Wimauma-Riverview 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 increased by 2.8%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 1.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
209197-5.7%

Asking Price vs. Sold Price

109 Homes Were Sold
Under Asking

75 Homes Were Sold
At Asking

13 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. 55.3% of homes here sold below asking price last month.

Summary: A total of 197 homes were sold or pending in Wimauma-Riverview in November 2024, down by 5.7% month-over-month. Of the 197 sold homes, 55% were sold under asking, 38% were sold at asking, and 7% 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

Nov 2023Nov 2024CHANGE
47 Days58 Days+24.7%

Summary: Homes in Wimauma-Riverview had an average of 58 days on market in Nov 2024, up by 24.7% compared to last year.

Breakdown of Home Sale Times

81 Homes Were Sold
Under 30 Days

66 Homes Were Sold
In 30 - 90 Days

49 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 197 homes were sold in Wimauma-Riverview; 41% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

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