Is Riverview, OK 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 December 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

$235,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$25,000(+11.9%)

Key Takeaway

Homes in Riverview have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in Riverview was $235,000 in December 2024, up 11.9% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $105K$119.9K
+14.2%
2 $215K$250K
+16.3%
3 $362.5K$500K
+37.9%
4 $512K$756.7K
+47.8%
5+ -$365K
N/A

Summary: Riverview housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.2%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 37.9%, 4 bedroom homes increased by 47.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Riverview
+11.9%
Maple Ridge
+11.1%

Housing Supply in Riverview, OK

How many homes are available in Riverview, OK?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2421-12.5%

Summary: The Riverview real estate market had 21 homes for sale in December 2024, a 12.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 64
-33.3%
2 1211
-8.3%
3 32
-33.3%
4 22
0.0%
5+ 12
+100.0%

Summary: The Riverview housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 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, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Riverview in December 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% 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

Dec 2023Dec 2024CHANGE
9 Days17 Days+93.3%

Summary: Homes in Riverview had an average of 17 days on market in Dec 2024, up by 93.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 December 2024, 5 homes were sold in Riverview; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Riverview, OK

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