$9,796 Closing Credit*
$824,900
3,220 SqFt
5 Beds
•3 Full Baths, 1 Partial
Michael Ingleby, Listing Office: Realty One Group Opening Doors
Is Riverdale, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Riverdale has remained a Seller's Market.
Key Takeaway
Riverdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riverdale, IA
How much do homes in Riverdale, IA cost?
Median Sold Price
$591,500
$184/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
+$161,550(+37.6%)
Key Takeaway
Homes in Riverdale have sold for 37.6% more than they did a month ago.
Summary: The median home sold price in Riverdale was $591,500 in August 2024, up 37.6% from last month, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $429.9K | - | N/A |
| 4 Bedrooms | - | $470.7K | N/A |
| 5+ Bedrooms | - | $735.9K | N/A |
Summary: Riverdale housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Riverdale, IA
How many homes are available in Riverdale, IA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Riverdale real estate market had 7 homes for sale in August 2024, a 12.5% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 0 | -100.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Riverdale housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Riverdale, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Riverdale in August 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Riverdale, IA
How long does it take to sell a home in Riverdale, IA?
Average Sale Time
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 34 Days | 153 Days | +345.4% |
Summary: Homes in Riverdale had an average of 153 days on market in Aug 2024, up by 345.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Riverdale are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During August 2024, 3 homes were sold in Riverdale; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.