Riverside, AL Foreclosures
How much do homes sell for in Riverside, AL?
The average home price is currently $309,848.
In Riverside, AL, how many homes are available?
There are currently 2 active home listings available in Riverside.
What’s the average rental cost in Riverside, AL?
The average rental price in Riverside is $1,137.
What is the most expensive home in Riverside?
The most expensive home sold in Riverside had a price of $2,621,337.
What is currently the cheapest priced home in Riverside, AL?
The cheapest home for sale in Riverside is priced at $10,585.
Living in Riverside, AL
Riverside, Alabama is a quaint town that offers a harmonious balance between small-town charm and access to nature-filled outdoor activities. Overlooking the Coosa River, residents enjoy various recreational amenities, local events, and a tight-knit community atmosphere. The area's affordable homes and strong school presence make it a perfect choice for families and retirees.
Current Market Conditions in Riverside, AL
The real estate market in Riverside is currently experiencing stable growth, with a steady increase in property values over recent months. Potential buyers are drawn to the town's affordability and quality of life, which keeps demand consistent despite national trends. Homes in Riverside typically see swift sales, especially those located near the riverfront or with larger plots of land.
There has been a notable increase in new developments over the past year, particularly in single-family homes as more people seek out the serene lifestyle that Riverside promises. As more amenities continue to spring up, particularly family-oriented and retail spaces, the attractiveness of Riverside as a residential choice is expected to grow even further.
Home Value Estimator For Riverside, AL
There are currently 715 real estate properties
in Riverside, AL,
with a median automated valuation model (AVM) price
of $298,671.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Riverside, AL, 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 Riverside, AL,
is $309,848.00, with the most expensive house
in Riverside, AL, topping out
at $2,621,337.00 and the cheapest home
in Riverside, AL,
clocking in at $10,585.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Riverside, AL!
Rent Prices
In Riverside, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Riverside, AL, is on
a rollercoaster ride. The
average rent price in Riverside, AL,
is $1,137.00. Indeed, when looking to rent in
Riverside, AL, you can expect to pay as little
as $620.00 or as much
as $2,060.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Riverside, AL
-- 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
