Is Riverside, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Riverside is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Riverside was a Seller's Market.

Key Takeaway

Riverside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Riverside, GA

How much do homes in Riverside, GA cost?

Median Sold Price

$475,000

$279/sqft

Based on all homes sold in the last 12 months.

Difference Since November 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 November 2024, down 3.1% from last year, and the median price per square foot was $279.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$199.9K
N/A
2 $372K$390K
+4.8%
3 $399K$472K
+18.3%
4 $530.9K$635K
+19.6%
5+ $762K$799.9K
+5.0%

Summary: Riverside housing prices by bedroom type for November 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 18.3%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 5%.

Housing Supply in Riverside, GA

How many homes are available in Riverside, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2624-7.7%

Summary: The Riverside real estate market had 24 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1615
-6.3%
4 65
-16.7%
5+ 12
+100.0%

Summary: The Riverside 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 33.3%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
71-85.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Riverside, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Riverside in November 2024, down by 85.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
50 Days8 Days-84.1%

Summary: Homes in Riverside had an average of 8 days on market in Nov 2024, down by 84.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Riverside; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Riverside, GA

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