Riva, MD—21140
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Riva, MD
As of Oct '25, the median home price in Riva, MD is $654,000, with a year-over-year change of 2.8%. This indicates that home prices in Riva, MD are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $654,000 | 2.8% |
| Single Family | $653,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $561,000 | 1.1% |
4 Bed | $779,000 | 2.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Riva, MD
As of July '25, Rentcast reports the average rent in Riva, MD is $2,790, with a year-over-year rent change of -1.1%. Per bedroom, the median rent as of July '25 in Riva, MD is 2-bedrooms: $2,320, 3-bedrooms: $3,000, 4-bedrooms: $3,500. The most common rental property sizes in Riva, MD are 3-bedroom and 5+ bedroom, accounting for 85.3% and 14.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,790 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,250 | $2,320 |
| 3 Bed Rent | $3,000 | $3,000 |
| 4 Bed Rent | $3,500 | $3,500 |
% of Rental Stock
Property Listings — Riva, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Riva, MD is 46. This is a increase of 127.0% 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 | $619,000 | 10.0% |
Listing Count | 10 | 100.0% |
| Listings as % of Homes | 0.2% | 100.0% |
Days on Market | 46 | 127.0% |
Demographics — Riva, MD
As of the latest ACS Survey released in 2023, Riva, MD has a population of 4,230, which has increased by 23.3% over the past 5 years. Riva, MD is a popular place for families, as children make up 26.0% of the population. The area has a highly educated workforce, with 51.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,230 | 23.3% |
% Under 18 | 26.0% | -0.8% |
% Seniors | 25.1% | 61.9% |
% WFH | 22.9% | 269.4% |
% w/ College Degree | 51.7% | -3.0% |
As of the latest ACS Survey released in 2023, Riva, MD is a predominantly white area, with 87.4% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Riva, MD is hispanic, making up 8.3% of the population. Foreign-born residents account for 4.2% of the population in Riva, MD, and this percentage has decreased by 14.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.4% | -7.1% |
% Black | 0.3% | -70.0% |
% Hispanic | 8.3% | 76.6% |
% Asian | 0.8% | 300.0% |
% Foreign Born | 4.2% | -14.3% |
Mortgage and Risk — Riva, MD
According to HUD data as of 2023, there were 74 mortgage originations in Riva, MD, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Riva, MD. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 74 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Riva, MD
Riva, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,140 |
| 2 Bedroom | $370 | $2,250 | $2,620 |
| 3 Bedroom | $400 | $3,000 | $3,400 |
| 4 Bedroom | $350 | $3,500 | $3,850 |
Affordability — Riva, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $654,000 |
| Median Household Income | $152,000 |