Is Riverview, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Riverview is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Riverview was a Neutral Market.

Key Takeaway

Riverview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Riverview, MO

How much do homes in Riverview, MO cost?

Median Sold Price

$59,325

$66/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,325(+26.2%)

Key Takeaway

Homes in Riverview have sold for 26.2% more than they did a year ago.

Summary: The median home sold price in Riverview was $59,325 in November 2024, up 26.2% from last year, and the median price per square foot was $66.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $13K-
N/A
2 $40K$46K
+15.0%
3 $64.3K$79K
+22.8%
4 -$95K
N/A
5+ $52K$116K
+123.1%

Summary: Riverview 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 15%, 3 bedroom homes increased by 22.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 123.1%.

Median Sold Price Compared To Nearby Cities

Riverview
+26.2%
Saint Ferdinand Township
+15.6%
Bellefontaine Neighbors
+4.1%
Saint Louis
+2.9%

Housing Supply in Riverview, MO

How many homes are available in Riverview, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1514-6.7%

Summary: The Riverview real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 44
0.0%
4 21
-50.0%
5+ 01
+100.0%

Summary: The Riverview 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 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Riverview, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Riverview in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Riverview, MO

How long does it take to sell a home in Riverview, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
91 Days43 Days-51.9%

Summary: Homes in Riverview had an average of 43 days on market in Nov 2024, down by 51.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Riverview; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

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