$145,000
0.15 Acres
Land
Tina J. Blackmon, Listing Office: Coldwell Banker Select
Is Riverview, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Riverview has remained a Seller's Market.
Key Takeaway
Riverview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riverview, OK
How much do homes in Riverview, OK cost?
Median Sold Price
$239,500
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$10,450(-4.2%)
Key Takeaway
Homes in Riverview have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in Riverview was $239,500 in August 2024, down 4.2% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $117.4K | +17.4% |
| 2 Bedrooms | $219K | $250K | +14.2% |
| 3 Bedrooms | $421.2K | $362.5K | -13.9% |
| 4 Bedrooms | $682K | $608.2K | -10.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Riverview housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 14.2%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Maple Ridge | $550K | $577.7K | +5.0% |
| Downtown | $120K | $116.5K | -2.9% |
| Riverview | $249.9K | $239.5K | -4.2% |
Housing Supply in Riverview, OK
How many homes are available in Riverview, OK?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The Riverview real estate market had 23 homes for sale in August 2024, the same as July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Riverview housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Riverview, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Riverview in August 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Riverview, OK
How long does it take to sell a home in Riverview, OK?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 16 Days | 45 Days | +177.2% |
Summary: Homes in Riverview had an average of 45 days on market in Aug 2024, up by 177.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Riverview are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 7 homes were sold in Riverview; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
