Riverside, MD is a great place to invest in housing. The median value of a house in Riverside is $227,300, which is significantly lower than the US House Median Value of $338,100. Additionally, the 1 year appreciation rate for houses in Riverside is 8.62%, which is slightly higher than the US 1 year House Appreciation rate of 8.27%. This makes Riverside an attractive place to invest in real estate as buyers can get more bang for their buck and expect a good return on their investment.
The median home cost in Riverside is $227,300. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Riverside is up 10.6%.
Average Age of Homes
- The median age of Riverside real estate is 25 years old
The Rental Market in Riverside
- Renters make up 29.7% 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.