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Land Foreclosures in Riverside, IL

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Riverside, IL Foreclosures

How much do homes sell for in Riverside, IL?
The average home price is currently $528,479.
In Riverside, IL, how many homes are available?
There are currently 12,058 active home listings available in Riverside.
What’s the average rental cost in Riverside, IL?
The average rental price in Riverside is $2,228.
What is the most expensive home in Riverside?
The most expensive home sold in Riverside had a price of $3,909,506.
What is currently the cheapest priced home in Riverside, IL?
The cheapest home for sale in Riverside is priced at $12,308.

Living in Riverside, IL

Riverside, IL, is a picturesque village renowned for its historic architecture and lush green spaces. Located just 10 miles from downtown Chicago, it offers both suburban serenity and urban convenience. Excellent schools, public transportation, and a tight-knit community make Riverside a perfect choice for families and individuals seeking a vibrant lifestyle.

Current Market Conditions in Riverside, IL

The Riverside real estate market is currently robust, with a steady increase in demand for homes as many buyers seek the charm and amenities that the area offers. Properties here tend to have a mix of historic homes and modern constructions, catering to a variety of tastes. Investors are showing interest, recognizing Riverside's potential for value appreciation, especially among families and commuters attracted to its proximity to Chicago.

Home Value Estimator For Riverside, IL

There are currently 4,564 real estate properties in Riverside, IL, with a median automated valuation model (AVM) price of $473,550.00. 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, IL, 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, IL, is $528,479.00, with the most expensive house in Riverside, IL, topping out at $3,909,506.00 and the cheapest home in Riverside, IL, clocking in at $12,308.00. In other words, there’s something for every potential homebuyer or savvy investor in Riverside, IL!

Rent Prices In Riverside, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Riverside, IL, is on a rollercoaster ride. The average rent price in Riverside, IL, is $2,228.00. Indeed, when looking to rent in Riverside, IL, you can expect to pay as little as $820.00 or as much as $3,380.00, with the average rent median estimated to be $2,320.00. The good news is that finding an affordable and desirable property to rent in Riverside, IL -- 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.

Riverside, IL Land

Market Trend for Riverside, IL

Total Listings Available: 12,058

Market Values:

Home Prices from $12,308 to $3,909,506

Average Sales Price: $528,479

Rental Values:

Rental from $820 to $3,380

Average Rent Value: $2,228 / month

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