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 29 single family homes for sale with an average list price of $547,641, 2 condos for sale with an average list price of $632,450, and 1 lot for sale with a list price of $899,900. The average annual property tax for Riverside is $11,112.
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 October decreased in volume by 50% when compared to last year, while the median sale price rose by 18.7% from $452,500 to $537,000. House sales decreased by 37.5%, while the median sale price decreased by 4.1% from $560,000 to $537,000.
187
|
163
|
126
|
116
|
2020 | 2021 | 2022 | 2023 |
# of sales per year |
$425,000
|
$485,000
|
$427,450
|
$455,500
|
2020 | 2021 | 2022 | 2023 |
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.