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Thursday, December 26, 2024

Riverview home prices fall in 2019

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The median sale price of a home sold in 2019 in Riverview fell by $40,000 while total sales decreased by 12.2%, according to BlockShopper.com.

From January through December of 2019, there were 43 homes sold, with a median sale price of $200,000 - a 16.7% decrease over the $240,000 median sale price for the previous year. There were 49 homes sold in Riverview in 2018.

The median sales tax in Riverview for the most recent year with available data, 2015, was $986, approximately 0.5% of the median home sale price for 2019.

The following table compares Riverview to other Kent County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Smyrna433471-8.1%$215,000$209,0002.9%
Bay View Heights45-20%$209,000$150,00039.3%
Camden5560-8.3%$208,000$190,0009.5%
Viola13944.4%$205,922$189,9008.4%
Kent Acres41387.9%$202,000$148,50036%
Riverview4349-12.2%$200,000$240,000-16.7%
Milford95112-15.2%$190,000$144,899.5031.1%
Kenton141127.3%$189,500$97,50094.4%
Hudson Trails810-20%$189,450$151,25025.3%
Bush Manor71600%$187,900$81,500130.6%
Dover773967-20.1%$185,601$169,9909.2%

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