The housing market in North Riverside, IL is thriving as evidenced by the median value of $287,900. This value is significantly lower than the US median value of $338,100; however, it still reflects an appreciation rate of 9.58% over the past year in comparison to the US rate of 8.27%. This suggests that North Riverside is becoming an increasingly desirable area for individuals looking to buy a house in the near future.
The median home cost in North Riverside is $287,900. Home appreciation the last 10 years has been 59.2%. Home Appreciation in North Riverside is up 14.1%.
Average Age of Homes
- The median age of North Riverside real estate is 62 years old
The Rental Market in North Riverside
- Renters make up 32.0% of the North Riverside population
- 0.9% of houses and apartments in North Riverside, 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.