Riverview, FL—33569
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 $390,000, with a year-over-year change of -5.1%. This indicates that home prices in Riverview, FL are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $390,000 | -5.1% |
| Single Family | $390,000 | -5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $266,000 | -8.6% |
3 Bed | $345,000 | -5.5% |
4 Bed | $424,000 | -4.5% |
| 5 Bed | $523,000 | -3.7% |
% of Housing Stock
Rental Trends — Riverview, FL
As of July '25, Rentcast reports the average rent in Riverview, FL is $2,580, with a year-over-year rent change of 4.5%. Per bedroom, the median rent as of July '25 in Riverview, FL is studios: $925, 1-bedrooms: $1,700, 2-bedrooms: $1,670, 3-bedrooms: $2,400, 4-bedrooms: $2,730. The most common rental property sizes in Riverview, FL are 3-bedroom and 2-bedroom, accounting for 50.5% and 19.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,580 |
| Studio Rent | $925 | $925 |
| 1 Bed Rent | $1,700 | $1,700 |
| 2 Bed Rent | $1,450 | $1,670 |
| 3 Bed Rent | $2,320 | $2,400 |
| 4 Bed Rent | $2,640 | $2,730 |
% 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 61. This is a increase of 5.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $445,000 | 4.0% |
Listing Count | 141 | -11.0% |
| Listings as % of Homes | 1.3% | -11.0% |
Days on Market | 61 | 5.0% |
Demographics — Riverview, FL
As of the latest ACS Survey released in 2023, Riverview, FL has a population of 26,600, which has decreased by -3.0% over the past 5 years. Riverview, FL is a moderately popular place for families, as children make up 23.7% of the population. The area has a moderately educated workforce, with 35.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,600 | -3.0% |
% Under 18 | 23.7% | -6.7% |
% Seniors | 13.9% | -5.4% |
% WFH | 21.5% | 207.1% |
% w/ College Degree | 35.7% | 15.2% |
As of the latest ACS Survey released in 2023, Riverview, FL is a predominantly white area, with 58.0% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Riverview, FL is hispanic, making up 21.3% of the population. Foreign-born residents account for 15.4% of the population in Riverview, FL, and this percentage has increased by 36.3% 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 | 58.0% | -5.7% |
% Black | 13.8% | 36.6% |
% Hispanic | 21.3% | -2.7% |
% Asian | 4.6% | 4.5% |
% Foreign Born | 15.4% | 36.3% |
Mortgage and Risk — Riverview, FL
According to HUD data as of 2023, there were 482 mortgage originations in Riverview, FL, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Riverview, FL. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 482 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Riverview, FL
As of 2024, the percent of homes in Riverview, FL under the Section 8 program is 3.2%. 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 | 81 |
Total Units Section 8 | 81 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $460 | $1,700 | $2,160 |
| 2 Bedroom | $1,080 | $1,450 | $2,530 |
| 3 Bedroom | $920 | $2,320 | $3,240 |
| 4 Bedroom | $1,300 | $2,640 | $3,940 |
Affordability — Riverview, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $390,000 |
| Median Household Income | $97,500 |