Altos Market Data for Realtors

Riverside, IL

Single-Family Homes

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Riverside, IL

Sat Jul 05 2025
This week the median list price for Riverside, IL is $415,000 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has held steady at or around 13. Click here to stay informed with the Riverside market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Riverside, IL

Sat Jul 05 2025
This week the median list price for Riverside, IL is $415,000 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has held steady at or around 13. Click here to stay informed with the Riverside market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Riverside market.
Median List Price $415,000
Median Price of New Listings $682,450
Per Square Foot $311
Average Days on Market 41
Median Days on Market 28
Price Decreased 38%
Price Increased 8%
Relisted 15%
Inventory 13
Median Rent
Market Action 54
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$837,450 2,966 4,500 - 6,500 sqft 3 3 71 1 1 28
$425,000 1,500 - 4 2 114 1 1 28
$369,900 1,058 - 3 1 78 0 1 49
$359,000 1,050 - 3 1.5 74 0 0 28