$5,926 Closing Credit*
$499,000
Jerry R Thurman, Listing Office: Chapman Hall Premier, REALTORS
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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.