Riverdale, IL

Buyer's market-56.8% YoY

Housing market overview · Updated weekly

$84,500median sale price

Homes sold

7

Last 12 weeks

Days on market

72

Average pace

Active listings

52

7.4 months supply

Sale-to-list

93.5%

Below asking

The Riverdale housing market is currently classified as a buyer's market with a median sale price of $84,500. Prices have fallen 56.8% compared to last year, with homes spending an average of 72 days on market, indicating 7.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Riverdale

There are currently 52 homes listed for sale in Riverdale, Illinois. The median listing price is $125K.

Active listings

52

Homes on market

Median list price

$125K

Avg. days on market

72

Days until sale

New this week

14

Newly listed

Price drops:21.1%of listings
Sale-to-list:93.5%

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Frequently asked questions

What is the average home price in Riverdale?

The median home sale price in Riverdale is $84,500, down 56.8% from last year.

How long do homes stay on market in Riverdale?

Homes typically spend 72 days on market before going under contract.

Is Riverdale a buyer's or seller's market?

With 7.4 months of supply, Riverdale is currently a buyer's market.

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