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East Hillsborough News

Wednesday, November 27, 2024

First half of 2022: Riverview experienced a 33% increase in median home prices

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in the first half of 2022 in Riverview rose by $85,900 while total sales increased by 3.2 percent, according to BlockShopper.com.

From January through June, there were 612 homes sold, with a median sale price of $345,900 - a 33 percent increase over the $260,000 median sale price for the same period of the previous year. There were 593 homes sold in Riverview in the first half of 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 the first half of 2022.

The following table compares Riverview to other Hillsborough County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Bloomingdale177198-10.6$399,000$331,50020.4
Boyette675424.1$383,600$303,75026.3
Dover3842-9.5$382,500$264,95044.4
Citrus Park183209-12.4$375,000$280,00033.9
Tampa3,9904,192-4.8$350,000$305,06614.7
Riverview6125933.2$345,900$260,00033
Gibsonton14811726.5$342,850$250,00037.1
Ruskin2302119$342,500$250,00037
Seffner73712.8$335,000$270,00024.1
Brandon8878800.8$335,000$251,50033.2
Town 'n' Country6276230.6$335,000$270,00024.1

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