Riverside, CT (06878) is an affluent community boasting a median housing value of $1,986,200. This is nearly six times higher than the US national median value of $338,100. The US 1 year house appreciation rate is 8.27%, but Riverside has seen even greater growth with a 1 year appreciation rate of 9.97%. These figures demonstrate the strength of the local housing market in Riverside and provide insight into why it's such a desirable place to live.
The median home cost in Riverside (zip 06878) is $1,986,200. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Riverside (zip 06878) is up 15.3%.
Average Age of Homes
- The median age of Riverside (zip 06878) real estate is 59 years old
The Rental Market in Riverside (zip 06878)
- Renters make up 15.4% of the Riverside (zip 06878) population
- 1.8% of houses and apartments in Riverside (zip 06878), 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.