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 is an emerging community located just across the Anacostia River from Washington, D.C., offering a vibrant suburban feel with excellent access to the city. Known for its tree-lined streets and charming homes, Riverdale attracts families, young professionals, and retirees alike, seeking a blend of urban convenience and residential tranquility. The area boasts a rich cultural scene and a variety of parks, making it a desirable place to live.
Current Market Conditions in Riverdale, MD
The Riverdale real estate market is currently experiencing a surge in demand, with home prices rising steadily due to the area's attractiveness for young families and professionals. Over the past few months, numerous buyers have been keen on acquiring properties close to Washington, D.C., which has led to increased competition and multiple offers on homes. The inventory remains low, so sellers are finding success in achieving desirable sale prices, often above asking.
Trends indicate that properties in well-established neighborhoods enjoy quicker sales, while up-and-coming areas are likely to see continued appreciation in value. The market is expected to remain strong, driven by ongoing urban development and infrastructure improvements that enhance the overall appeal of Riverdale.
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
