Riverside, IL is an area with a high housing median value of $428,300. This is significantly higher than the US house median value of $338,100. The US house appreciation rate for the last year was 8.27%, but in Riverside it was even higher at 9.58%. This suggests that Riverside is an area with strong appreciation potential for homeowners, so it would be a great place to invest in real estate or buy a home.
The median home cost in Riverside is $428,300. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Riverside is up 14.1%.
Average Age of Homes
- The median age of Riverside real estate is 75 years old
The Rental Market in Riverside
- Renters make up 18.9% of the Riverside population
- 0.0% of houses and apartments in 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.