Homes for sale · Palmetto, FloridaRiverbay Townhomes
Waterfront townhome living on Palmetto's quiet side
1
Homes for sale
$337,900
Median list price
$130
Avg price / sqft
94
Median days on market
Riverbay Townhomes sits in Palmetto, in the northern reaches of Manatee County where the Manatee River meets the easy pace of the Gulf Coast. This is a small, water-oriented community — both of the current listings here are waterfront — with roomy floor plans averaging 2,604 square feet, which is generous for a townhome. If you like the idea of low-maintenance living without giving up space, it's a pocket worth knowing alongside nearby options like Artisan Lakes Esplanade, Trevesta, and the walkable Palmetto Historic District.
For a buyer today, this is a thin market with just two active listings and four sales in the past year — so patience matters. The median list price is $369,700, homes are averaging about $142 per square foot, and recent sellers have been getting 99% of asking, which tells you pricing here is realistic. With a median 96.5 days on market, you'll have room to negotiate but shouldn't expect fire-sale discounts. Browse the broader market of Palmetto homes for sale to see how Riverbay stacks up.
Riverbay Townhomes is a community in Palmetto, Florida.
Quick facts
$337,900 – $338K price range
2,604 sqft median home
$426/mo median HOA
4 sold in 12 months
Drive times
On the market now
Homes for sale in Riverbay Townhomes
Every active listing inside the Riverbay Townhomes boundary
Open full map search →Find your fit
Browse Riverbay Townhomes
By feature — on the live map
The numbers that matter
The Riverbay Townhomes market
4
Sold, last 12 months
$337,500
Median sold price
99%
Sale-to-list ratio
What sellers actually get vs asking
46 days
Median time to sell
Riverbay Townhomes vs Palmetto
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 11.8% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Riverbay Townhomes boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Riverbay Townhomes is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Riverbay Townhomes home
≈ $2,745/mo
$337,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$426/mo
Median HOA
From current listings inside the boundary
Population
381
Median age
66
Median income
$55,729
Median home value
$250,900
Beyond the listings
Living in Riverbay Townhomes
Culture
Top 5% in the U.S.Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Hobbies & Interests
Top 8% in the U.S.Dog Lovers
Pups are just another member of the family. Dog lovers adore their tail-wagging friends and are looking for new ways to make them happy.
Hobbies & Interests
Top 11% in the U.S.Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Active
Top 20% in the U.S.Outdoor Adventures
Appreciating the outdoors, this population wants to actively engage with nature. Whether it's finding a new hiking trail or looking for the perfect spot to catch the sunset, they seek to explore the world around them.
Beliefs
Top 24% in the U.S.Mindfulness & Spirituality
Seeking peace and well-being through meditation, gratitude and spirituality.
Hobbies & Interests
Top 24% in the U.S.Wanderlust
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Straight answers
Riverbay Townhomes FAQs
Is Riverbay Townhomes a good place to live?+
It's a good fit if you want waterfront, low-maintenance townhome living with real square footage — the median home here runs about 2,604 square feet. The community feeds Palmetto Elementary, Lincoln Middle, and Palmetto High, and it sits near established neighborhoods like West Ellenton. Both current listings are on the water, so if that's your priority, this is a natural place to look.
Is Riverbay Townhomes expensive?+
It's moderately priced for waterfront in the area, with a median list price of $369,700 and an average of about $142 per square foot. The two active listings range from $339,900 to $399,500, so there's a fairly tight price band. Compared to newer master-planned communities nearby, the per-square-foot value here is strong given the space you get.
What do homes cost in Riverbay Townhomes?+
Active listings currently range from $339,900 to $399,500 with a median list of $369,700. Over the past 12 months, four homes sold at a median price of $337,500. The gap between list and sold prices is small — sellers are getting about 99% of asking.
How is the market in Riverbay Townhomes?+
It's a small, slow-moving market with just two active listings and four sales in the last year, and a median 96.5 days on market. That means limited choice but also less bidding pressure, so a prepared buyer has room to negotiate. If nothing fits, it's worth watching the wider Palmetto homes for sale inventory for comparable options.
What about HOA fees and property taxes?+
The median HOA here is $426 per month, which is typical for a townhome community where exterior and common-area maintenance are handled for you. Median property taxes run about $4,029 per year. Factor both into your monthly budget when comparing to a single-family home nearby.
Keep exploring
More Palmetto neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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