Quantcast

Kent County Today

Tuesday, November 5, 2024

Rising home prices in Riverview in the second quarter of 2021

Re 14

The median sale price of a home sold in the second quarter of 2021 in Riverview rose by $115,000 while total sales increased by 50%, according to BlockShopper.com.

From April through June of 2021, there were 12 homes sold, with a median sale price of $365,000 - a 46% increase over the $250,000 median sale price for the same period of the previous year. There were eight homes sold in Riverview in the second 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 second quarter of 2021.

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

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Wind Song Farms110%$390,000$482,196-19.1%
Dogwood Meadows3250%$379,900$282,25034.6%
Church Creek21100%$377,500$250,00051%
Ryans Run220%$375,000$292,50028.2%
Rising Sun-Lebanon1819-5.3%$370,000$296,49024.8%
Riverview12850%$365,000$250,00046%
Pennwood110%$360,000$296,90021.3%
Magnolia635710.5%$359,900$300,00020%
Moores Lake Development31200%$345,000$343,0000.6%
Brookfield30-$344,900$0-
Voshell Mill14-75%$340,000$284,00019.7%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

MORE NEWS