$5,700 Closing Credit*
$480,000
1,524 SqFt
5 Beds
•3 Full Baths
Juan Villavicencio, Listing Office: Villa Realty Group, LLC
Is Riverside, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Riverside has remained a Seller's Market.
Key Takeaway
Riverside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riverside, GA
How much do homes in Riverside, GA cost?
Median Sold Price
$475,000
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,000(-3.1%)
Key Takeaway
Homes in Riverside have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Riverside was $475,000 in October 2024, down 3.1% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $199.9K | N/A |
| 2 Bedrooms | $372K | $390K | +4.8% |
| 3 Bedrooms | $383K | $472K | +23.2% |
| 4 Bedrooms | $536.8K | $585K | +9.0% |
| 5+ Bedrooms | $739.9K | $799.9K | +8.1% |
Summary: Riverside 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 4.8%, 3 bedroom homes increased by 23.2%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 8.1%.
Housing Supply in Riverside, GA
How many homes are available in Riverside, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 33 | +32.0% |
Summary: The Riverside real estate market had 33 homes for sale in October 2024, a 32.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 15 | 18 | +20.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Riverside 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 25%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Riverside, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Riverside in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Riverside, GA
How long does it take to sell a home in Riverside, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 47 Days | +146.5% |
Summary: Homes in Riverside had an average of 47 days on market in Oct 2024, up by 146.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Riverside has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Riverside; 17% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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