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Sunday, February 23, 2025

Riverview home prices rise in July 2018

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The median sale price of a home sold in July 2018 in Riverview rose by $86,500 while total sales increased by 125%, according to BlockShopper.com.

In July 2018, there were nine homes sold, with a median sale price of $285,000 - a 43.6% increase over the $198,500 median sale price for the same period of the previous year. There were four homes sold in Riverview in July 2017.

The median sales tax in Riverview for the most recent year with available data, 2015, was $986, approximately 0.3% of the median home sale price for July 2018.

The following table compares Riverview to other Kent County cities with similar median sales prices in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Moores Lake Development10-$470,000$0-
Village at Chestnut Ridge52150%$331,529$266,142.5024.6%
Voshell Mill110%$322,000$320,0000.6%
Cheswold Farms10-$298,000$0-
Rising Sun-Lebanon880%$297,500$293,071.501.5%
Riverview94125%$285,000$198,50043.6%
Brenford31200%$285,000$270,0005.6%
Voshell Cove20-$279,950$0-
Magnolia1516-6.3%$275,000$308,450-10.8%
Hickory Ridge110%$272,000$254,5006.9%
Hammville10-$270,000$0-

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