$1,873 Closing Credit*
$157,700
2,149 SqFt
5 Beds
•1 Full Bath, 1 Partial
KC Sullivan, Listing Office: The Real Estate Group, Inc.
Is Riverton, IL 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, Riverton has remained a Seller's Market.
Key Takeaway
Riverton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riverton, IL
How much do homes in Riverton, IL cost?
Median Sold Price
$147,500
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,450(-2.3%)
Key Takeaway
Homes in Riverton have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Riverton was $147,500 in October 2024, down 2.3% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $84.5K | $141.4K | +67.4% |
| 3 Bedrooms | $162.7K | $150K | -7.8% |
| 4 Bedrooms | $166.7K | $186K | +11.5% |
| 5+ Bedrooms | $193K | $73K | -62.2% |
Summary: Riverton 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 67.4%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 62.2%.
Median Sold Price Compared To Nearby Cities
| Clear Lake Township | $168K | $200K | +19.0% |
| Riverton | $150.9K | $147.5K | -2.3% |
Housing Supply in Riverton, IL
How many homes are available in Riverton, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The Riverton real estate market had 11 homes for sale in October 2024, a 15.4% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Riverton 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 remained the same, 3 bedroom homes decreased by 36.4%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Riverton, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Riverton in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Riverton, IL
How long does it take to sell a home in Riverton, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 14 Days | -15.7% |
Summary: Homes in Riverton had an average of 14 days on market in Oct 2024, down by 15.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Riverton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Riverton; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.