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Riverside, IllinoisPhoto: Nmaviano · CC BY-SA 3.0
Housing in Riverside

110 homes sold in Riverside in the last year, at a typical $510K

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Riverside homes are listed.

Homes sold
110
June 2025 to May 2026
Typical sale price
$510K
houses $554K · condos $203K
Price per square foot
$285
Illinois $193
Paid vs. asking
99.8%
44% sold over asking
For sale now
31
May 2026 · 10 sold that month
What sold · last 12 months

21% of Riverside’s sales are condos, at $351K less than a house

80 houses and 23 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$554K

typical sale · 80 sold in 12 months

Per square foot
$307IL $180
Days to sell
49
Sold over asking
54%
Listings with a price cut
19%
Condos$203K

typical sale · 23 sold in 12 months

Per square foot
$212IL $251
Days to sell
76
Sold over asking
17%
Listings with a price cut
25%
Fewer sales

Multi-family (2–4 units): 4 sold, typical $540K
Townhouses: 3 sold, typical $409K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at 1.3 times the 2016 price

110 sales in the last year, against 195 in 2020 and a low of 107 in 2024. The typical sale went from $392K in 2016 to $510K.

Homes soldTypical sale price
050100150200$300K$400K$500K$600K2012: 125 sold, typical $281K’122013: 159 sold, typical $318K2014: 130 sold, typical $352K’142015: 144 sold, typical $335K2016: 138 sold, typical $392K’162017: 172 sold, typical $381K2018: 140 sold, typical $394K’182019: 125 sold, typical $413K2020: 195 sold, typical $432K’202021: 176 sold, typical $478K2022: 133 sold, typical $437K’222023: 126 sold, typical $487K2024: 107 sold, typical $511K’242025: 117 sold, typical $530KLast 12 months: 110 sold, typical $510KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Riverside

Houseat $307 a sq ft
Condoat $212 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Riverside homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Riverside are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Riverside’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 110 sales.

If you’re buying in Riverside

  • Shop in February. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
  • Less room to haggle. Only 18% of listings cut their price, against 24% before the pandemic.
  • Bid near asking. Buyers paid 99.8% of the list price on average; 44% paid over.
  • Move fast on good ones. 55% of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

March has the most new listings (about 20 a month), but June is the most competitive: 27% of June sales close over asking. February offers nearly as much choice with fewer homes bid up (10%). February has the least competition (10%).

New listings a monthShare sold over asking
06.312.518.82513%27%40%Sweet spotJan: 11 new listings a month, 17% sold over asking, 78 days to sellJFeb: 17 new listings a month, 10% sold over asking, 110 days to sellFMar: 20 new listings a month, 16% sold over asking, 97 days to sellMApr: 19 new listings a month, 16% sold over asking, 89 days to sellAMay: 19 new listings a month, 26% sold over asking, 49 days to sellMJun: 19 new listings a month, 27% sold over asking, 71 days to sellJJul: 16 new listings a month, 23% sold over asking, 62 days to sellJAug: 15 new listings a month, 23% sold over asking, 53 days to sellASep: 14 new listings a month, 22% sold over asking, 76 days to sellSOct: 14 new listings a month, 14% sold over asking, 63 days to sellONov: 9 new listings a month, 17% sold over asking, 65 days to sellNDec: 5 new listings a month, 18% sold over asking, 79 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Hotter than in 2021, and hotter than Illinois

Riverside now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price44%11%24%37%
Gone within two weeksShare of homes under contract within 14 days55%25%40%46%
Listings with a price cutShare of homes for sale that cut their price18%24%25%19%
Price paid vs. askingAverage sale price ÷ list price99.8%96%98%99.2%
Days to sellMedian days from listing to contract50972849
Supply

22 homes for sale on a typical day

That’s 69% fewer than in 2017–19 and well under 2016’s 83.

2012: 78 for sale’122013: 66 for sale2014: 64 for sale2015: 76 for sale’152016: 83 for sale2017: 65 for sale2018: 63 for sale’182019: 81 for sale2020: 52 for sale2021: 30 for sale’212022: 36 for sale2023: 26 for sale2024: 25 for sale’242025: 22 for saleLast 12 months: 22 for saleNow
Room to negotiate

1 in 6 listings has cut its price

18% in the last year, against 24% in 2017–19 and 19% across Illinois.

2015: 26%’152016: 25%2017: 24%2018: 23%’182019: 25%2020: 24%2021: 25%’212022: 20%2023: 13%2024: 14%’242025: 22%Last 12 months: 18%Now
Prices by type

Since 2019, houses are up 24%, condos -1%

A house typically sold for $554K in the last year (80 sales), a condo for $203K (23).

$150K$300K$450K$600K2013201520172019202120232025NowHouses 2013: $354K, 126 salesHouses 2014: $374K, 102 salesHouses 2015: $374K, 114 salesHouses 2016: $420K, 116 salesHouses 2017: $417K, 141 salesHouses 2018: $422K, 117 salesHouses 2019: $447K, 109 salesHouses 2020: $452K, 167 salesHouses 2021: $511K, 148 salesHouses 2022: $486K, 108 salesHouses 2023: $502K, 108 salesHouses 2024: $553K, 89 salesHouses 2025: $564K, 91 salesHouses last 12 months: $554K, 80 salesHouses $554KCondos 2013: $79K, 22 salesCondos 2014: $82K, 15 salesCondos 2015: $142K, 20 salesCondos 2016: $167K, 11 salesCondos 2017: $123K, 21 salesCondos 2018: $185K, 16 salesCondos 2019: $204K, 8 salesCondos 2020: $148K, 16 salesCondos 2021: $117K, 11 salesCondos 2022: $148K, 16 salesCondos 2023: $174K, 9 salesCondos 2024: $170K, 14 salesCondos 2025: $202K, 21 salesCondos last 12 months: $203K, 23 salesCondos $203K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Illinois

Riverside ranks 91st of 324 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Riverside is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Riverside

Five things worth knowing

20

New listings in March

The month with the most choice. December has the fewest, about 5.

Best time to buy
A

Schools

The schools grade for Riverside, from test results, graduation and how much students grow.

Schools in Riverside
33 min

Typical commute

The average one-way trip to work for people who live in Riverside.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

North Riverside, Berwyn, Forest Park and Broadview sell for less a square foot

The busier markets within 25 miles of Riverside, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Berwyn396$355K$21141%64
Forest Park233$320K$22337%49
Brookfield206$377K$27954%41
La Grange Park132$499K$30650%45
Riverside110$510K$28544%50
Broadview59$274K$22446%67
North Riverside48$353K$26637%63

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Riverside, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Riverside. People who follow the town see it, and so do people comparing Riverside with their own town. No commission, no listing fee.

Questions about buying a home in Riverside

What do homes sell for in Riverside, IL?

110 homes sold in the year to May 2026 at a typical $510K, $285 a square foot. Houses sold for about $554K, condos for about $203K.

Is Riverside a buyer’s or seller’s market?

A seller’s market: 31 homes were for sale in May 2026 and 10 sold, about 3.1 months of supply. Buyers paid 99.8% of asking on average, and 18% of listings cut their price.

When is the best time to buy in Riverside?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Riverside?

Zillow, Redfin, Realtor.com and Homes.com all carry Riverside’s MLS listings; the search links above open each one filtered to Riverside.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).