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Kent County Today

Wednesday, November 6, 2024

Median home prices in Riverview rose to $289,000 in the second half of 2020

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The median sale price of a home sold in the second half of 2020 in Riverview rose by $79,000 while total sales decreased by 29.6%, according to BlockShopper.com.

From July through December of 2020, there were 19 homes sold, with a median sale price of $289,000 - a 37.6% increase over the $210,000 median sale price for the same period of the previous year. There were 27 homes sold in Riverview in the second half of 2019.

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 the second half of 2020.

The following table compares Riverview to other Kent County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Dogwood Meadows63100%$301,995$323,653-6.7%
Brookfield42100%$300,500$293,0002.6%
Ryans Run7475%$296,000$216,37536.8%
Garrison Lake Green712-41.7%$293,000$311,000-5.8%
Bishops Corner42100%$289,450$202,50042.9%
Riverview1927-29.6%$289,000$210,00037.6%
Hunters Ridge51400%$288,500$210,00037.4%
Lakeshore Village42100%$288,000$229,527.5025.5%
Hall Estates62200%$285,450$153,75085.7%
Lucky Estates72250%$285,000$75,950275.2%
Summerfield Village12-50%$280,000$152,00084.2%

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