Riverview, FL—33578
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Riverview, FL
As of Oct '25, the median home price in Riverview, FL is $340,000, with a year-over-year change of -6.0%. This indicates that home prices in Riverview, FL are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $340,000 | -6.0% |
| Single Family | $347,000 | -6.0% |
| Condos | $184,000 | -8.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $128,000 | -12.9% |
2 Bed | $222,000 | -10.1% |
3 Bed | $314,000 | -6.8% |
4 Bed | $385,000 | -5.4% |
| 5 Bed | $449,000 | -4.9% |
% of Housing Stock
Rental Trends — Riverview, FL
As of July '25, Rentcast reports the average rent in Riverview, FL is $2,250, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Riverview, FL is studios: $1,190, 1-bedrooms: $1,550, 2-bedrooms: $1,980, 3-bedrooms: $2,220, 4-bedrooms: $2,490. The most common rental property sizes in Riverview, FL are 2-bedroom and 3-bedroom, accounting for 39.2% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,240 | $2,250 |
| Studio Rent | $1,190 | $1,190 |
| 1 Bed Rent | $1,530 | $1,550 |
| 2 Bed Rent | $1,850 | $1,980 |
| 3 Bed Rent | $2,200 | $2,220 |
| 4 Bed Rent | $2,440 | $2,490 |
% of Rental Stock
Property Listings — Riverview, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Riverview, FL is 72. This is a increase of 37.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $357,000 | 0.0% |
Listing Count | 329 | 15.0% |
| Listings as % of Homes | 1.1% | 15.0% |
Days on Market | 72 | 37.0% |
Demographics — Riverview, FL
As of the latest ACS Survey released in 2023, Riverview, FL has a population of 58,500, which has increased by 17.8% over the past 5 years. Riverview, FL is a moderately popular place for families, as children make up 24.0% of the population. The area has a moderately educated workforce, with 36.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 58,500 | 17.8% |
% Under 18 | 24.0% | -3.2% |
% Seniors | 9.9% | 12.5% |
% WFH | 17.9% | 203.4% |
% w/ College Degree | 36.7% | 18.8% |
As of the latest ACS Survey released in 2023, Riverview, FL is a predominantly white area, with 42.9% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Riverview, FL is hispanic, making up 26.4% of the population. Foreign-born residents account for 14.3% of the population in Riverview, FL, and this percentage has increased by 3.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 42.9% | -6.5% |
% Black | 23.5% | 25.0% |
% Hispanic | 26.4% | -13.4% |
% Asian | 2.9% | 11.5% |
% Foreign Born | 14.3% | 3.6% |
Mortgage and Risk — Riverview, FL
According to HUD data as of 2023, there were 1421 mortgage originations in Riverview, FL, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Riverview, FL. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,421 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Riverview, FL
As of 2024, the percent of homes in Riverview, FL under the Section 8 program is 2.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Riverview, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 344 |
Total Units Section 8 | 344 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $400 | $1,530 | $1,930 |
| 2 Bedroom | $420 | $1,850 | $2,270 |
| 3 Bedroom | $710 | $2,200 | $2,910 |
| 4 Bedroom | $1,100 | $2,440 | $3,540 |
Affordability — Riverview, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $340,000 |
| Median Household Income | $80,200 |