Ready to explore Riverbend? It is a unique neighborhood in Tampa. Riverbend offers cozy homes and a well-established community. Let’s uncover some interesting facts.
Riverbend’s real estate market is competitive. The median sale price is about $359,250. Prices can range from $280,000 to $530,000. These single-family homes often have two to three bedrooms. Most were built between 1941 and 1951.
Median listing home price is about $494.5k Homes are on the market for around 70 days. The median listing price per square foot is $316. There are about 17 active homes for sale in Riverbend.
In Riverbend, the median real estate price is $375,690. This is more expensive than 40% of Florida neighborhoods. It’s also more expensive than 50.5% of U.S. neighborhoods.
The average rental price is $1,936. That’s lower than about 79.2% of Florida neighborhoods. Riverbend is a suburban neighborhood.
Many homes in Riverbend are older. They were built between 1940 and 1969. Some were built between 1970 and 1999. Vacancy rates are about 9.4%.
Riverbend has a notable Cuban and Puerto Rican presence. About 25.5% of residents have Cuban ancestry. Around 19.1% have Puerto Rican ancestry.
The neighbors are generally lower-middle income. Their income is lower than about 80.1% of U.S. neighborhoods. About 21% of children live below the federal poverty line.
Many residents work in sales and service jobs. About 29.7% are in this sector. Executive, management, and professional occupations account for 25.6%.
Spanish is the most common language. About 49% of households speak it. Other languages include English and Italian.
Most Riverbend commuters drive alone to work. This accounts for 76.2%. Some carpool about 12.3%. Around 6.2% take the bus. The commute time for most is 15 to 30 minutes.
Riverbend’s market trends show interesting shifts. Median sale prices increased by 64.54% over the last 12 months. However, the number of homes sold decreased by 75%.
Homes in Riverbend sell close to the asking price. There are not many bidding wars happening.
Riverbend offers a mix of cultures and home styles. It continues to be an attractive place to live in Tampa.