What happened to the median home price in Riverview during January 2021?

Medium re 7

The median sale price of a home sold in January 2021 in Riverview rose by $49,900 while total sales decreased by 25%, according to BlockShopper.com.

In January 2021, there were three homes sold, with a median sale price of $359,900 - a 16.1% increase over the $310,000 median sale price for the same period of the previous year. There were four homes sold in Riverview in January 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 January 2021.

The following table compares Riverview to other Kent County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Voshell Mill10-$347,000$0-
Bishops Corner110%$335,000$253,10632.4%
Rising Sun-Lebanon10666.7%$319,715$318,567.500.4%
Foxhall Courtside21100%$318,990$359,255-11.2%
Quails Nest10-$312,330$0-
Felton Heights10-$312,000$0-
Garrison Lake Green110%$305,000$248,00023%
Dogwood Meadows12-50%$301,810$281,3497.3%

Blockshopper green logo