Riverside, IL Home Values & Market Trends
Real estate market trends reflect that there have been 170 transactions over the past year in Riverside. The median value for residential home transactions that occurred over the previous year is $406,124.25. The number of current listings in Riverside is 3, and the percentage of properties for sale in the city is 3.00%. Riverside, IL currently has 6 properties in foreclosure, 2 bank owned properties, 1 properties headed for auction, and 3 properties for sale.
Riverside, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
60546 | $ 322,226 $ 261/sqft |
Housing Market Summary for Riverside, IL
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $279.8K | $403.9K | 44.34% |
Median Sold Price | $413.8K | $403.9K | -2.38% |
Homes For Sale | 7 | 3 | -57.14% |
Homes Sold | 110 | 100 | -9.09% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Riverside, IL
Browse Homes in Riverside, IL
Riverside home values range from $43,645 to $1,955,155. The median estimated value of a home in Riverside is $406,124.25. The median list price of a home is 264,000, and the total count of properties in the city is 3,638.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Riverside, IL with 60546 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Riverside, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $499,000 in 60546 to the lowest home value of $427,179 in 60546.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Riverside, IL ranges from the highest value of $561,683 in 60546 to the lowest value of $397,904 in 60546. Bank owned homes and properties account for 0.05% of properties in Riverside, IL. There is 1 zips within Riverside, IL; 60546 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60546 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Riverside, IL. Auction homes and other auction properties account for 0.03% of all properties in Riverside, IL. There is 1 zips within Riverside, IL; of that zips, the median estimated home value for homes going to auction ranges from $390,451 in 60546 to the lowest value of $390,451 in 60546.
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