$772 Closing Credit*
$65,000
1,166 SqFt
2 Beds
•1 Full Bath
Jessica Plummer, Listing Office: Land & Home Real Estate
Is Riverton, IL 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, 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
$183,000
$109/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$53,000(+40.8%)
Key Takeaway
Homes in Riverton have sold for 40.8% more than they did a month ago.
Summary: The median home sold price in Riverton was $183,000 in November 2024, up 40.8% from last month, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $130K | $170K | +30.8% |
| 4 Bedrooms | $155.9K | $183K | +17.3% |
| 5+ Bedrooms | - | $565K | N/A |
Summary: Riverton housing prices by bedroom type for November 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 increased by 30.8%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes did not change.
Housing Supply in Riverton, IL
How many homes are available in Riverton, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Summary: The Riverton real estate market had 15 homes for sale in November 2024, a 15.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 3 | +100.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Riverton 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Riverton, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Riverton in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 53 Days | +269.8% |
Summary: Homes in Riverton had an average of 53 days on market in Nov 2024, up by 269.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Riverton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Riverton; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.