Riverwoods, IL is an affluent village located in the North Shore area of Cook County. With its high median housing value of $752,800, Riverwoods is considerably more expensive than the US median housing value of $338,100. Although both figures have seen a rise in the past year, Riverwoods' 1 year house appreciation is 8.83%, higher than the national figure of 8.27%. This indicates that this village may be experiencing a real estate boom and could be a great place to invest in property.
The median home cost in Riverwoods is $752,800. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Riverwoods is up 14.5%.
Average Age of Homes
- The median age of Riverwoods real estate is 36 years old
The Rental Market in Riverwoods
- Renters make up 1.3% of the Riverwoods population
- 0.0% of houses and apartments in Riverwoods, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.