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Featured local agent — Riva, MD
Sarah Mitchell
Compass Real Estate · Riva, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Riva, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$770,000median sale price
How is the Riva, MD housing market right now?
The median home sale price in Riva, MD is $770,000, up 35.8% year-over-year. Homes sell in an average of 29 days with 13 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Riva a buyer's or seller's market?
Riva, MD is currently a balanced market, based on 4.3 months of supply and homes selling in about 29 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
29
Average pace
Active listings
13
4.3 months supply
Sale-to-list
99.1%
Below asking
What does the Riva housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $770,000 |
| Median list price | $799,000 |
| Year-over-year price change | +35.8% |
| Average days on market | 29 days |
| Active inventory | 13 listings |
| Months of supply | 4.3 months |
| Sale-to-list price ratio | 99.1% |
| Median price per sq ft | $241/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 7 |
| Listings with a price cut | 38.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Riva by property type?
How the Riva, MD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $770,000 | $241/sq ft | 3 | 29 days |
| Townhouse | $552,500 | $270/sq ft | 1 | 99 days |
Source: Redfin · Updated monthly
The Riva housing market is currently classified as a balanced market with a median sale price of $770,000. Prices have risen 35.8% compared to last year, with homes spending an average of 29 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Riva
There are currently 13 homes listed for sale in Riva, Maryland. The median listing price is $799K.
Active listings
13
Homes on market
Median list price
$799K
Avg. days on market
29
Days until sale
New this week
7
Newly listed
Who lives in Riva?
Population
4,798
Median income
$156,389/yr
Median age
42.9 years
Owner-occupied
96.6%
College grads
54.1%
Avg commute
33.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Riva?
Zillow home value
$679,497
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Riva?
Riva is a community of approximately 5K residents with a median age of 42.9 years.The median household income is $156,389, which reflects a relatively affluent area with strong earning potential. 54.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 96.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Riva offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Riva, MD?
Want a head-to-head view? Compare Riva side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Riva?
The median home sale price in Riva is $770,000, up 35.8% from last year.
How long do homes stay on market in Riva?
Homes typically spend 29 days on market before going under contract.
What is the median income in Riva?
The median household income is $156,389 per year.
Is Riva a buyer's or seller's market?
With 4.3 months of supply, Riva is currently a balanced market.
What is the Zillow home value estimate for Riva?
The Zillow Home Value Index (ZHVI) for Riva is $679,497, representing the typical home value in the area.
How much does a single-family home cost in Riva?
The median single-family home price in Riva, MD is $770,000 (about $241 per square foot).
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