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Kent County Today

Wednesday, November 6, 2024

Riverview median home prices rose by 31.7% in 2020

Realestate4

The median sale price of a home sold in 2020 in Riverview rose by $65,000 while total sales decreased by 15.9%, according to BlockShopper.com.

From January through December of 2020, there were 37 homes sold, with a median sale price of $270,000 - a 31.7% increase over the $205,000 median sale price for the previous year. There were 44 homes sold in Riverview in 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 2020.

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

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Summerfield Village13-66.7%$280,000$135,000107.4%
Ryans Run141216.7%$278,750$221,37525.9%
Lakeshore Village10100%$278,000$252,00010.3%
Planters Woods11922.2%$275,000$244,90012.3%
John Char Estates6520%$272,500$235,00016%
Riverview3744-15.9%$270,000$205,00031.7%
Cedarbrook Acres231735.3%$267,500$225,00018.9%
Highland Acres65608.3%$264,000$228,00015.8%
Hunters Ridge83166.7%$261,750$247,0006%
Church Creek911-18.2%$256,000$234,5009.2%
Felton26021222.6%$255,000$227,007.5012.3%

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