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Sarah Mitchell

CNESRESABR

Compass Real Estate · Riverdale, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Riverdale, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Riverdale, NJ Housing Market & Real Estate

Seller's market-6.7% YoY

Housing market overview · Updated monthly ·

$430,000median sale price

How is the Riverdale, NJ housing market right now?

The median home sale price in Riverdale, NJ is $430,000, down 6.7% year-over-year. Homes sell in an average of 16 days with 13 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Seller's market2.6 months of supply16 avg. days on market

Riverdale, NJ is currently a seller's market, based on 2.6 months of supply and homes selling in about 16 days. How we determine this →

Homes sold

5

Last 12 weeks

Days on market

16

Fast-moving

Active listings

13

2.6 months supply

Sale-to-list

102.1%

Above asking

What does the Riverdale housing market data show?

Current housing market statistics for Riverdale, NJ
MetricValue
Median sale price$430,000
Median list price$625,000
Year-over-year price change-6.7%
Average days on market16 days
Active inventory13 listings
Months of supply2.6 months
Sale-to-list price ratio102.1%
Median price per sq ft$345/sq ft
Homes sold (latest month)5
New listings (latest month)5
Listings with a price cut15.4%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Riverdale by property type?

How the Riverdale, NJ market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Riverdale, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$430,000$345/sq ft316 days
Condo / Co-op$436,000$355/sq ft225 days
Townhouse$575,000$379/sq ft190 days

Source: Redfin · Updated monthly

The Riverdale housing market is currently classified as a seller's market with a median sale price of $430,000. Prices have fallen 6.7% compared to last year, with homes spending an average of 16 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.1x provides context for how home values compare to local earning capacity.

Homes for sale in Riverdale

There are currently 13 homes listed for sale in Riverdale, New Jersey. The median listing price is $625K.

Active listings

13

Homes on market

Median list price

$625K

Avg. days on market

16

Days until sale

New this week

5

Newly listed

Price drops:15.4%of listings
Sale-to-list:102.1%

Who lives in Riverdale?

Population

4,084

Median income

$96,667/yr

Median age

50.2 years

Owner-occupied

71.4%

College grads

47.7%

Avg commute

29.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Riverdale?

Zillow home value

$493,658

Zillow rent index

$2,774/mo

Price-to-rent ratio

14.8x

Price-to-income

5.1x

Source: Zillow Research

What is it like to live in Riverdale?

Riverdale is a community of approximately 4K residents with a median age of 50.2 years.The median household income is $96,667, which reflects a relatively affluent area with strong earning potential. 47.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 71.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Riverdale offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Riverdale?

1 schools tracked · 287 students

The largest public schools serving Riverdale, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Riverdale School

Grades PK-8 · 287 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Riverdale, NJ?

Want a head-to-head view? Compare Riverdale side-by-side with any other U.S. city using our market-comparison tool.

Is Riverdale a good real estate investment market?

For investors evaluating Riverdale, the price-to-rent ratio of 14.8x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 6.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Riverdale's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Riverdale's median home price.

Frequently asked questions

What is the average home price in Riverdale?

The median home sale price in Riverdale is $430,000, down 6.7% from last year.

How long do homes stay on market in Riverdale?

Homes typically spend 16 days on market before going under contract.

What is the median income in Riverdale?

The median household income is $96,667 per year.

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

With 2.6 months of supply, Riverdale is currently a seller's market.

What is the Zillow home value estimate for Riverdale?

The Zillow Home Value Index (ZHVI) for Riverdale is $493,658, representing the typical home value in the area.

What is the median condo price in Riverdale?

The median condo/co-op sale price in Riverdale, NJ is $436,000, compared to $430,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Riverdale?

The median single-family home price in Riverdale, NJ is $430,000 (about $345 per square foot).

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