Riverside First-Time Homebuyer Report for October

Riverside is a larger than average city in Illinois that has seen a 1.9% decrease in population over the last 10 years. It also has a total population of 8,875. Riverside is made up of homes that are considered older than most with a median of 74 years. The best school in the city is Riverside Brookfield Twp High School.

Price Range

Some of the more expensive homes in Illinois are in Riverside with a median home value of $303,800 and an average list price for available homes currently at $450,355. Over the last 30 days, the Riverside market made strides with 12 homes sold, a 9.1% increase from last week's report.

Curious as to which homes have been getting the most attention in Riverside? These listings have stirred up interest and produced the most views:

$169K   $169K   $393K  

Typical Dwelling

The typical dwelling in Riverside is a three-bedroom detached home worth about $406,819. To purchase a similar home, a buyer with good credit and a $81,364 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,956 monthly payment. The property tax rate is $16.10 per $1,000 of taxable assessed value.

Get started right now by checking out Riverside homes for sale or reviewing Riverside real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Wilk Real Estate
4 reviews
Real People Realty, Inc.
Snapped 1 home in this area
Coldwell Banker Residential
Snapped 12 homes in this area

Agents that specialize in this area
37 snaps in this area
10 snaps in this area
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