New - 5 hours on Rocket
$4,263 Closing Credit¹
#2505314, Rasheedah Nevers, Listing Office: Samson Properties
Rives Housing Market Report February 2025•Prince George County, Virginia
Housing Prices in Rives, VA
How much do homes in Rives, VA cost?
Housing Market Conditions
Is Rives, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Rives is a Buyer's Market
Difference Since February 2024
At the same time last year, Rives was a Seller's Market.
Insight
Rives is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$320,000$188/SqFt
+$37,550
+13.3%
Based on all homes sold in the last 12 months
Insight
Homes in Rives have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Rives was $320,000 in February 2025, up 13.3% from last year, and the median price per square foot was $188.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Rives | $282.4K | $320K | +13.3% |
| Petersburg | $191.1K | $215.2K | +12.6% |
| Templeton | $349.9K | $383K | +9.5% |
| Prince George | $325K | $335K | +3.1% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $265K | $309.5K | +16.8% |
| 44 Bedrooms | $325K | $365K | +12.3% |
| 55+ Bedrooms | $536.5K | $476K | -11.3% |
Summary: Rives housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +16.8%. The home price for 4 bedroom homes increased by +12.3%. The home price for 5 bedroom homes decreased by -11.3%.
Housing supply in Rives, VA
How many homes are available in Rives, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 28Last MonthFeb 2025 | ||
| 232 months agoJan 2025 | +21.7 % Change MoMJan – Feb |
Summary: The Rives real estate market had 28 homes for sale in Feb 2025, a 21.7 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthFeb 2025 | ||
| 42 months agoJan 2025 | -75.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 13 | 13 | 0.0% |
| 44 Bedrooms | 7 | 11 | +57.1% |
| 55+ Bedrooms | 2 | 3 | +50.0% |
Summary: Rives housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +57.1%. The inventory for 5 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in Rives, VA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Rives, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Rives in February 2025, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Rives, VA
How long does it take to sell a home in Rives, VA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Rives are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 1 homes were sold in Rives; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 143 DaysThis YearFeb 2025 | ||
| 58 Days1 year agoFeb 2024 | +145.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Rives had an average listing age of 143 days in Feb 2025, up by 145.1% compared to the previous year.
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Newest Listings in Rives, VA
What homes are available in Rives, VA?
$3,652 Closing Credit¹
#2503824, Eileen Knode, Listing Office: Long & Foster REALTORS
$2,565 Closing Credit¹
#2503700, Deborah Carpenter, Listing Office: Weichert Brockwell & Associate
$10,000 Closing Credit¹
#2502769, Deborah Reynolds, Listing Office: Keller Williams Realty
$3,918 Closing Credit¹
#2503460, Kimberly Maitland, Listing Office: James River Realty Group LLC
$2,909 Closing Credit¹
#2503253, Jennifer Balcarcel, Listing Office: EXP Realty LLC
$7,422 Closing Credit¹
#2502449, Lauri Giles, Listing Office: EXP Realty LLC
$3,324 Closing Credit¹
#2501443, Laura Adams, Listing Office: Allegiance Real Estate
$3,562 Closing Credit¹
#2432560, Issac Abdelmalak, Listing Office: Virginia Capital Realty
$6,519 Closing Credit¹
#2432177, Fielding Quarles, Listing Office: Providence Hill Real Estate
#2431962, T Patrick Barnes, Listing Office: Daniel And Daniel Realty, Inc.
#2431419, Hayden Moore, Listing Office: Hometown Realty
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MLS Disclaimers and Copyright
Based on information from Central Virginia Regional MLS, for the period 03/01/2023 - 03/01/2025
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reservedData displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.