Riverbend First-Time Homebuyer Report for October

Riverbend is a city that is shrinking slower than others in Washington at a 10-year growth rate of -5.2%. It also has an average-sized population of 2,132 people. Riverbend is made up of homes that are relatively old with a median of 28 years. The best school in the city is Tahoma Jr High School.

Price Range

Riverbend has some of the more expensive homes in the state with a median home value of $294,900 and a current average list price of $543,036. On top of a 33.3% reduction in sales numbers this week to reach two homes over the last 30 days, the Riverbend market still shows a long trend downward overall.

Make sure you take a look at these eye-catching homes in Riverbend that generated the most views from potential buyers:

$424K   $425K   $1.5M  

Typical Dwelling

The typical dwelling in Riverbend is a three-bedroom detached home worth about $389,829. To purchase a similar home, a buyer with good credit and a $77,966 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,837 monthly payment. The property tax rate is $10.66 per $1,000 of taxable assessed value.

Get started right now by checking out Riverbend homes for sale or reviewing Riverbend real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Re/Max on the Lake
Snapped 3 homes in this area
Admiral Properties
Snapped 1 home in this area

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