Momentum Housing Data · Home Values · Polk County
RIVERSTONE (LAKELAND, FL): 24 recorded closings in the 12 months ending 2026-08-02, a 6-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 96.2% of original asking; the median sale took 46 days (window ending 2026-08-02).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $338,750 | $170 | 46 | 96.2% | 24 |
| 2025 | $340,000 | $178 | 63 | 92.0% | 27 |
| 2024 | $347,625 | $185 | 55 | 95.3% | 32 |
| 2023 | $371,990 | $200 | 13 | 100.0% | 67 |
| 2022 | $352,500 | $176 | 2 | 100.0% | 106 |
| 2021 | $279,000 | $142 | 0 | 100.0% | 14 |
Over the recorded series, RIVERSTONE’s median sold price moved from $279,000 (2021) to $338,750 (12 months ending 2026-08-02) — +21% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2021 at $279,000. Against the 2023 peak of $371,990, the current median stands at -9%. Annual sales volume here has ranged from 14 to 106 closings a year (10-yr average 45).
What actually trades here: 91% single-family residence, 9% ?, with a median of 1,893 sq ft and a median price per square foot of $170 in the current window.
Of the 63 recorded RIVERSTONE closings since 2024, half landed between $315,000 and $361,500 (the middle two quartiles); the lowest recorded sale was $285,000 and the highest $555,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $300,000 | 6 (10%) | |
| $300,000 – $333,333 | 22 (35%) | |
| $333,333 – $366,667 | 21 (33%) | |
| $366,667 – $400,000 | 8 (13%) | |
| None and up | 6 (10%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($197 vs $146) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 1,358–1,828 sq ft | $197 | $315,000 | $285,000 – $360,000 | 21 |
| Mid-size homes 1,837–1,961 sq ft | $178 | $330,000 | $300,000 – $399,900 | 21 |
| Larger homes 1,992–3,080 sq ft | $146 | $372,500 | $292,000 – $555,000 | 21 |
At RIVERSTONE’s $338,750 median and Polk County’s adopted 16.19 mills (FY2025-26), a home assessed at that price carries roughly $5,480 a year in property tax before exemptions, or about $4,810 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Polk County tax page.
Since 2021, 80 RIVERSTONE listings were withdrawn, canceled, or expired without selling (7 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 30% of RIVERSTONE listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 39%. Momentum’s market-heat index for RIVERSTONE reads 44/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Cash bought 16% of recorded RIVERSTONE sales in the window ending 2026-06 (4 of 25) — a fact worth knowing before assuming every buyer needs an appraisal to close. The table above is the closed-sale record to price a RIVERSTONE home against; asking prices are an opening position, recorded closings are the value.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping RIVERSTONE are also weighing (same ZIP), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| CREEK SIDE | $340,000 | $204 | 8 | 3 |
| WEST OAKS SUB | $342,000 | $233 | 10 | 3 |
| TOWNE PARK ESTATES | $315,000 | $192 | 27 | 17 |
| W F HALLAM & COS FARMING & TRUCKING LANDS | $315,000 | $182 | 22 | 11 |
| School | Level | FLDOE grade |
|---|---|---|
| Polk County Public Schools (verify by address) | Public | — |
| Confirm zoned elementary, middle, and high | By address | — |
| Magnet and choice options may apply | Choice | — |
Assignments and grades as recorded/published; both change — verify current zoning with the district before relying on it. Grades are the state’s official FLDOE ratings, reported as published.
More RIVERSTONE: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on Stellar MLS data distributed by MLS GRID for the period 2021 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.