FMLS Residential · school

River Ridge

Closed sales series. Latest median $416,000 (-9.6% YoY). Seller-leaning on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 173 active · 8 under contract · 29 pending. Total residential listings by status: 210.

Data confidence: High. 639 closings in the last 12 months. Enough closings to read a trend.

Latest median$416,000-9.6% YoY
Months of supply3.6Seller-leaning · 3.2 on 53/mo trailing-12
$/SF$232+6.9% YoY
DOM30+36.4% YoY
Sale/list99.9%41.7% below

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price+5.3%$416,000 vs $395,000 FMLS-wide
$/SF+24.5%$232 vs $187 FMLS-wide
DOM-9%30 days vs 33 FMLS-wide
Sale/list+1.1 pts99.9% vs 98.8%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

54
Balanced

3-month volume-weighted median $446,832 (+0.2% vs same 3 months last year) on 164 closings. Latest month is $416,000. Confidence: High (164 closings in 3 months).

3-month $/SF is down 1.3% versus the same 3 months last year.

Months of supply20
3.6 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price40
+0.2% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed56
1.31 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)88
0.16 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced75
44% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend90
+41.1% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Seller-leaning

3.6 months of supply on last month’s pace (173 active ÷ 48 closings). 3.2 months on the trailing-12 pace (average 53 closings a month). These are different windows.Sellers have leverage on well-priced homes. 41.7% of last month’s closings were below list. Days on market are up 36% from a year ago.

Homes for sale near River Ridge, GA →

How homes actually closed

Above list10.4%More than 1% over list
At list47.9%Within 1% of list
Below list41.7%More than 1% under list
Price reduced43.8%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.1629 pending ÷ 181 (active + under contract)
New / closed1.3163 listed in 30 days vs 48 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in River Ridge

High confidence. 639 closings in the last 12 months.

  • Buyers search this school zone. It is the competitive set for your home, more than the city median.
  • Recent closings center around $451,666. About $217 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 3.6 months of supply on last month’s pace. Expect about 22 days if you price correctly. Longer than that usually means the price is high.
  • 41.7% of recent closings were below list. If you are thinking about selling in the next 90 days, look at what is active now, not just what closed. Homes for sale near River Ridge, GA →

What this means if you are listing in River Ridge

  • Price to the closed median and $/SF here ($416,000, $232), not the FMLS-wide number. This market is above the FMLS footprint by 5.3% on median.
  • With 3.6 months of supply, expect about 30 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 41.7% of recent closings were below list and 43.8% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale near River Ridge, GA →

What this means if you are making an offer

  • Supply is tight. Well-priced homes still get competition. Come in close to list on fresh listings.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 43.8% of recent closings had a price reduction.
  • Confirm the number against the neighborhood or ZIP page, not just the city or FMLS-wide median.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k83.8%
$300–500k10449.5%
$500–750k6229.5%
$750k–1M2311.0%
$1M+136.2%

Property types

TypeListedMedian ask
Single Family Residence167$545,000
Townhouse40$371,950
Condominium3$399,000

173 active, 8 under contract, 29 pending. 63 new in the last 30 days.

Median close price

Median close price · 2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 202648$416,000$2323099.9%41.7%43.8%
Aug 202655$433,500$2112098.7%52.7%32.7%
Jul 202661$483,114$21814100.0%36.1%34.4%
Jun 202673$495,000$20317100.0%37.0%34.2%
May 202677$435,000$2161499.5%39.0%26.0%
Apr 202659$451,000$22114100.0%40.7%28.8%
Mar 202652$442,500$2312599.2%48.1%46.2%
Feb 202646$437,516$2222698.2%63.0%37.0%
Jan 202631$425,000$2074497.6%60.0%35.5%
Dec 202553$489,900$2153598.9%50.9%37.7%
Nov 202535$429,000$2102599.2%45.7%51.4%
Oct 202549$445,000$21623100.0%36.7%42.9%
Sep 202565$460,000$2172298.7%58.5%38.5%
Aug 202562$427,500$23124100.0%40.3%40.3%
Jul 202552$450,385$21920100.0%42.3%38.5%
Jun 202547$520,000$21914100.0%40.4%31.9%
May 202579$520,000$2141299.5%45.6%35.4%
Apr 202556$538,282$242999.6%44.6%30.4%
Mar 202550$486,500$2191699.1%48.0%30.0%
Feb 202533$465,000$2272198.9%51.5%21.2%
Jan 202524$535,000$2243899.2%41.7%45.8%
Dec 202441$485,000$2263398.8%56.1%46.3%
Nov 202428$514,500$2181799.3%46.4%32.1%
Oct 202460$492,500$2201499.8%35.0%41.7%

Below = closed under 99% of list. Reduced = original list higher than final list.

Homes for sale near River Ridge, GA → · ← FMLS report