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Kent County Today

Thursday, November 7, 2024

Median home prices in Riverview rose to $317,500 in the first quarter of 2021

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The median sale price of a home sold in the first quarter of 2021 in Riverview rose by $54,981 while total sales increased by 20%, according to BlockShopper.com.

From January through March of 2021, there were 12 homes sold, with a median sale price of $317,500 - a 20.9% increase over the $262,519 median sale price for the same period of the previous year. There were 10 homes sold in Riverview in the first quarter of 2020.

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 first quarter of 2021.

The following table compares Riverview to other Kent County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Hall Estates13-66.7%$348,549$239,90045.3%
Brookfield10-$340,000$0-
Bishops Corner12-50%$335,000$203,55364.6%
Rising Sun-Lebanon301866.7%$331,640$304,3709%
Garrison Lake Green24-50%$320,500$313,5002.2%
Riverview121020%$317,500$262,51920.9%
Dogwood Meadows23-33.3%$317,038.50$293,3488.1%
Brenford110%$316,500$289,9009.2%
Cheswold41300%$314,250$274,90014.3%
Foxhall Courtside125140%$312,490$359,255-13%
Clayton523262.5%$304,950$307,940-1%

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