Riverview's real estate market is currently hot with low inventory and high demand. The median home price of $392,500 represents a substantial 33.1% increase from this time last year. At the current pace, all available homes in Riverview would sell out in just 1.7 months, indicating a continued supply shortage. Homes are now taking an average of 18 days to sell, significantly longer than the 7 days typical for this market. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Riverview market with the affordability index at 765.1. Based on current market indicators, home prices in Riverview are projected to decrease by approximately 4.7% over the next month.