Riverdale, GA is known for its high-end housing market. The median value of houses in Riverdale is $233,600 - significantly lower than the national median value of $338,100. Even though the median value is lower than the US average, the 1 year appreciation rate of 19.85% in Riverdale is much higher than the 8.27% national average. This suggests that Riverdale's housing market is booming and could potentially continue to increase in value due to advantageous factors such as a strong job market and low mortgage rates.
The median home cost in Riverdale is $233,600. Home appreciation the last 10 years has been 148.3%. Home Appreciation in Riverdale is up 26.5%.
Average Age of Homes
- The median age of Riverdale real estate is 33 years old
The Rental Market in Riverdale
- Renters make up 41.8% of the Riverdale population
- 6.0% of houses and apartments in Riverdale, 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.