Riverdale, MD Foreclosures
How much do homes sell for in Riverdale, MD?
The average home price is currently $483,748.
In Riverdale, MD, how many homes are available?
There are currently 88 active home listings available in Riverdale.
What’s the average rental cost in Riverdale, MD?
The average rental price in Riverdale is $1,936.
What is the most expensive home in Riverdale?
The most expensive home sold in Riverdale had a price of $58,090,116.
What is currently the cheapest priced home in Riverdale, MD?
The cheapest home for sale in Riverdale is priced at $16,525.
Living in Riverdale, MD
Riverdale, MD, is a vibrant community nestled just outside Washington, D.C., offering a perfect mix of suburban tranquility and urban convenience. This family-friendly neighborhood is renowned for its historic architecture, beautiful parks, and a thriving local arts scene. With easy access to public transit and a diverse array of amenities, Riverdale is an ideal location for those looking to experience the charm of suburban living while remaining close to the city's dynamic atmosphere.
Current Market Conditions in Riverdale, MD
The real estate market in Riverdale has been steadily growing, with an increase in demand for housing as more people seek to move away from the urban core of D.C. The average home price has appreciated, drawing in both first-time buyers and real estate investors looking for rental opportunities. Despite rising prices, the market remains competitive, resulting in relatively quick sales for well-maintained properties.
Overall, the appreciation of home values is supported by the area's attractive amenities, great location, and strong community spirit. The average days on the market is decreasing, and sellers are often receiving multiple offers.
Home Value Estimator For Riverdale, MD
There are currently 4,066 real estate properties
in Riverdale, MD,
with a median automated valuation model (AVM) price
of $403,675.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Riverdale, MD, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Riverdale, MD,
is $483,748.00, with the most expensive house
in Riverdale, MD, topping out
at $58,090,116.00 and the cheapest home
in Riverdale, MD,
clocking in at $16,525.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Riverdale, MD!
Rent Prices
In Riverdale, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Riverdale, MD, is on
a rollercoaster ride. The
average rent price in Riverdale, MD,
is $1,936.00. Indeed, when looking to rent in
Riverdale, MD, you can expect to pay as little
as $950.00 or as much
as $4,460.00,
with the average rent median estimated to
be $1,850.00. The good news is that finding
an affordable and desirable property to rent in Riverdale, MD
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
