Riverdale, IL Home Values & Market Trends

Real estate market trends reflect that there have been 172 transactions over the past year in Riverdale. The median value for residential home transactions that occurred over the previous year is $122,081.74. The number of current listings in Riverdale is 14, and the percentage of properties for sale in the city is 14.00%. Riverdale, IL currently has 50 properties in foreclosure, 6 bank owned properties, 7 properties headed for auction, and 14 properties for sale.

Riverdale, IL Real Estate Market Overview

ZipMedian Est. Value
60827

$ 139,900

$ 108/sqft

Housing Market Summary for Riverdale, IL

Apr 2023March 2024Change
Median Listing Price$119.5K$105.4K-11.82%
Median Sold Price$100.1K$105.4K5.25%
Homes For Sale1613-18.75%
Homes Sold9477-18.09%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Riverdale, IL

Riverdale home values range from $20,036 to $549,569. The median estimated value of a home in Riverdale is $122,081.74. The median list price of a home is 129,950, and the total count of properties in the city is 3,445.

Foreclosure
There is 1 zips within Riverdale, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $549,569 in 60827 to the lowest value of $46,034 in 60827. Foreclosure homes account for 1.00% of properties in Riverdale, IL with 60827 containing 94 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.07% of all residential properties in Riverdale, IL with 60827 containing 62 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Riverdale, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $549,569 in 60827 to the lowest home value of $46,034 in 60827.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Riverdale, IL ranges from the highest value of $219,509 in 60827 to the lowest value of $53,000 in 60827. Bank owned homes and properties account for 0.17% of properties in Riverdale, IL. There is 1 zips within Riverdale, IL; 60827 containing 13 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60827 has 19 auction properties, the highest number of properties going to auction in a single zip in the state of Riverdale, IL. Auction homes and other auction properties account for 0.20% of all properties in Riverdale, IL. There is 1 zips within Riverdale, IL; of that zips, the median estimated home value for homes going to auction ranges from $314,723 in 60827 to the lowest value of $46,932 in 60827.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.41% of residential properties in Riverdale, IL with 60827 containing 19 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Riverdale, IL; homes for sale in that zips, have a range of median values from $278,074 in 60827 to the lowest value of $49,900 in 60827.
    Sold Homes
    The median value for recently sold homes ranges from $298,096 in 60827 to the lowest price of $19,312 in 60827. There is 1 zips within Riverdale, IL. 60827 has 172 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.61% of properties in Riverdale, IL.

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      Guide for Riverdale, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Riverdale, IL

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