Altos Market Data for Realtors

Riverside, IL

Single-Family Homes

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Riverside, IL

Tue May 30 2023
This week the median list price for Riverside, IL is $389,950 with the market action index hovering around 75. This is an increase over last month's market action index of 68. Inventory has decreased to 12. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Riverside, IL

Tue May 30 2023
This week the median list price for Riverside, IL is $389,950 with the market action index hovering around 75. This is an increase over last month's market action index of 68. Inventory has decreased to 12. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Riverside market.
Median List Price $389,950
Median Price of New Listings $249,000
Per Square Foot $294
Average Days on Market 41
Median Days on Market 7
Price Decreased 17%
Price Increased 8%
Relisted 17%
Inventory 12
Median Rent
Market Action 75
Strong Seller's Market

The market seems to have paused around this plateau. 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
$699,000 2,803 8,000 - 10,000 sqft 4 3.5 92 0 0 7
$444,900 1,475 8,000 - 10,000 sqft 3 2.5 72 0 0 56
$320,000 1,160 8,000 - 10,000 sqft 3 1 100 0 1 7
$269,000 940 4,500 - 6,500 sqft 2 1 83 2 0 49