Riverside is a suburban village of Cook County, Illinois, is it located approximately 9 miles southwest of downtown Chicago. According to the 2010 census, the population was 8,875.
Riverside currently has 25 single family homes for sale with an average list price of $650,424, 5 condos for sale with an average list price of $199,360, and 1 lot for sale with a list price of $250,000. The average annual property tax for Riverside is $11,057.39.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Riverside, i.e. what's hot and what's not.
See What's Hot & What's Not in RiversideRiverside home sales for the month of February stayed the same in volume when compared to last year, while the median sale price decreased by 9.1% from $562,500 to $511,500. House sales stayed the same, while the median sale price rose by 16.3% from $615,000 to $715,000. Condo sales stayed the same, while the median sale price decreased by 4.8% from $177,500 to $169,000.
164
|
128
|
117
|
101
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$485,000
|
$427,450
|
$455,000
|
$528,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.