The housing in Riverview, AL is quite affordable compared to the US House Median Value of $338,100. The Housing Median Value in Riverview is only $111,200, which is much lower than the national average. Additionally, the appreciation of house values over the last year in Riverview has been significant at 14.92%, significantly higher than the US 1 year House Appreciation rate of 8.27%. This makes Riverview a great option for those looking for an affordable place to live with potential returns on their investments.
The median home cost in Riverview is $111,200. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Riverview is up 18.1%.
Average Age of Homes
- The median age of Riverview real estate is 38 years old
The Rental Market in Riverview
- Renters make up 11.4% of the Riverview population
- 7.7% of houses and apartments in Riverview, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.