Riverview home prices rise in September 2020

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The median sale price of a home sold in September 2020 in Riverview rose by $5,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In September 2020, there were two homes sold, with a median sale price of $230,000 - a 2.2% increase over the $225,000 median sale price for the same period of the previous year. There were two homes sold in Riverview in September 2019, as well.

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 September 2020.

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

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Chimney Hill20-$237,500$0-
Kent Acres25-60%$237,450$152,00056.2%
Moores Lake Development12-50%$235,000$240,000-2.1%
Hall Estates10-$233,500$0-
Pine Ridge10-$225,000$0-
Carlisle Village10-$221,000$0-
Hudson Trails3250%$217,000$210,9502.9%

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