Riverview, FL—33579
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 -5.6%. 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 | -5.6% |
| Single Family | $390,000 | -5.8% |
| Condos | $248,000 | -7.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $235,000 | -10.0% |
3 Bed | $329,000 | -6.5% |
4 Bed | $399,000 | -5.2% |
| 5 Bed | $496,000 | -4.2% |
% of Housing Stock
Rental Trends — Riverview, FL
As of July '25, Rentcast reports the average rent in Riverview, FL is $2,540, with a year-over-year rent change of 1.6%. Per bedroom, the median rent as of July '25 in Riverview, FL is 1-bedrooms: $900, 2-bedrooms: $1,990, 3-bedrooms: $2,220, 4-bedrooms: $2,670. The most common rental property sizes in Riverview, FL are 3-bedroom and 4-bedroom, accounting for 46.2% and 45.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,420 | $2,540 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $900 |
| 2 Bed Rent | $1,900 | $1,990 |
| 3 Bed Rent | $2,160 | $2,220 |
| 4 Bed Rent | $2,500 | $2,670 |
% 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 77. This is a increase of 14.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $425,000 | -3.0% |
Listing Count | 373 | 3.0% |
| Listings as % of Homes | 2.2% | 3.0% |
Days on Market | 77 | 14.0% |
Demographics — Riverview, FL
As of the latest ACS Survey released in 2023, Riverview, FL has a population of 45,400, which has increased by 32.4% over the past 5 years. Riverview, FL is a popular place for families, as children make up 27.2% of the population. The area has a moderately educated workforce, with 36.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,400 | 32.4% |
% Under 18 | 27.2% | -7.5% |
% Seniors | 9.2% | 16.5% |
% WFH | 24.3% | 237.5% |
% w/ College Degree | 36.4% | 12.3% |
As of the latest ACS Survey released in 2023, Riverview, FL is a predominantly white area, with 41.5% of the population identifying as white. The white population has shrunk by 9.8% in the last 5 years. The second most common race or ethnicity in Riverview, FL is hispanic, making up 24.8% of the population. Foreign-born residents account for 16.6% of the population in Riverview, FL, and this percentage has increased by 16.9% 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 | 41.5% | -9.8% |
% Black | 24.5% | 31.0% |
% Hispanic | 24.8% | -8.8% |
% Asian | 5.0% | 22.0% |
% Foreign Born | 16.6% | 16.9% |
Mortgage and Risk — Riverview, FL
According to HUD data as of 2023, there were 1672 mortgage originations in Riverview, FL, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 37.0% 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. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,672 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Riverview, FL
As of 2024, the percent of homes in Riverview, FL under the Section 8 program is 12.6%. 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 | 456 |
Total Units Section 8 | 456 |
% Rentals under Section 8 | 12.6% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,610 | $900 | $2,510 |
| 2 Bedroom | $1,040 | $1,900 | $2,940 |
| 3 Bedroom | $1,600 | $2,160 | $3,760 |
| 4 Bedroom | $2,080 | $2,500 | $4,580 |
Affordability — Riverview, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $390,000 |
| Median Household Income | $114,000 |