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Monday, December 23, 2024

Riverview home prices rise in April 2020

Realestate077

The median sale price of a home sold in April 2020 in Riverview rose by $61,250 while total sales decreased by 25%, according to BlockShopper.com.

In April 2020, there were three homes sold, with a median sale price of $265,000 - a 30.1% increase over the $203,750 median sale price for the same period of the previous year. There were four homes sold in Riverview in April 2019.

The median sales tax in Riverview for the most recent year with available data, 2015, was $986, approximately 0.4% of the median home sale price for April 2020.

The following table compares Riverview to other Kent County cities with similar median sales prices in April 2020:

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
Rising Sun-Lebanon10666.7%$290,245$276,0005.2%
Dogwood Meadows12-50%$281,500$313,250-10.1%
Lakeshore Village12-50%$280,000$236,30018.5%
Felton211361.5%$268,999$169,00059.2%
John Char Estates21100%$268,500$182,00047.5%
Riverview34-25%$265,000$203,75030.1%
Magnolia916-43.8%$260,000$296,650-12.4%
Highland Acres73133.3%$255,000$259,900-1.9%
Carlisle Village21100%$254,500$220,00015.7%
Frederica770%$253,000$214,00018.2%
Pine Ridge12-50%$251,500$126,725.5098.5%

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