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East Hillsborough News

Thursday, November 21, 2024

Riverview home prices rose in May

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The median sale price of a home sold in May in Riverview rose by $89,000 while total sales decreased by 24.6 percent, according to BlockShopper.com.

In May, there were 98 homes sold, with a median sale price of $348,500 - a 34.3 percent increase over the $259,500 median sale price for the same period of the previous year. There were 130 homes sold in Riverview in May 2021.

The median sales tax in Riverview for the most recent year with available data, 2018, was $2,682, approximately 0.8 percent of the median home sale price for May.

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

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Greater Carrollwood6973-5.5$370,000$280,00032.1
Ruskin3440-15$370,000$255,00045.1
Temple Terrace2122-4.5$365,000$153,500137.8
Plant City6370-10$352,500$231,00052.6
Town 'n' Country96122-21.3$350,000$276,50026.6
Riverview98130-24.6$348,500$259,50034.3
Mango161233.3$332,500$209,50058.7
Brandon179188-4.8$331,000$263,75025.5
Palm River-Clair Mel3314135.7$320,000$218,00046.8
Lake Magdalene1318-27.8$305,000$324,750-6.1
Egypt Lake-Leto37362.8$281,000$207,50035.4

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