Is North Riverside, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Riverside is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, North Riverside has remained a Seller's Market.

Key Takeaway

North Riverside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in North Riverside, IL cost?

Median Sold Price

$299,800

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$27,800(+10.2%)

Key Takeaway

Homes in North Riverside have sold for 10.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 -$156.2K
N/A
2 $230K$266K
+15.7%
3 $295K$330K
+11.9%
4 $299.5K$314K
+4.8%
5+ $428.5K$500K
+16.7%

Median Sold Price Compared To Nearby Cities

Broadview
+14.6%
Riverside
+11.6%
North Riverside
+10.2%
Forest Park
+6.0%
Riverside Township
+1.4%

How many homes are available in North Riverside, IL?

Number of Homes For Sale

May 2022Jun 2022%
2227+22.7%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 11
0.0%
2 69
+50.0%
3 87
-12.5%
4 69
+50.0%
5+ 11
0.0%

Number of Homes Sold

May 2022Jun 2022%
59+80.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Riverside, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Average Sale Time

Jun 2021Jun 2022%
21 Days7 Days-63.6%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Riverside are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

New

2501 Keystone Ave, North Riverside, IL 60546

2501 Keystone Ave, North Riverside, IL 60546

$355,000
1,051 SqFt
4 Bedrooms
~$1,600/mo.*2 Full Baths, 1 Partial
Miriam Najera#11451389
Listing Office:
Realty of Chicago LLCMLS logo

New

2361 Burr Oak Ave, North Riverside, IL 60546

2361 Burr Oak Ave, North Riverside, IL 60546

$240,000
1,240 SqFt
2 Bedrooms
~$1,100/mo.*1 Full Bath, 1 Partial
Connie Gresko#11451363
Listing Office:
Baird & WarnerMLS logo

New

2339 Northgate Ave, North Riverside, IL 60546

2339 Northgate Ave, North Riverside, IL 60546

$289,900
1,632 SqFt
4 Bedrooms
~$1,300/mo.*2 Full Baths
Loretta Alonzo-Deubel#11433467
Listing Office:
Century 21 AffiliatedMLS logo

Backup Offers

2522 Park Ave, North Riverside, IL 60546

2522 Park Ave, North Riverside, IL 60546

$450,000
1,828 SqFt
4 Bedrooms
~$2,050/mo.*2 Full Baths
Jessica Gerald#11439257
Listing Office:
john greene, RealtorMLS logo
2414 Lathrop Ave, North Riverside, IL 60546

2414 Lathrop Ave, North Riverside, IL 60546

$345,000
930 SqFt
2 Bedrooms
~$1,550/mo.*2 Full Baths
Julie Sawicki#11429492
Listing Office:
@properties Christie's International Real EstateMLS logo
2252 Lathrop Ave, North Riverside, IL 60546

2252 Lathrop Ave, North Riverside, IL 60546

$349,000
1,032 SqFt
3 Bedrooms
~$1,600/mo.*2 Full Baths
Anna Kochubii#11438571
Listing Office:
All Time Realty, Inc.MLS logo

Backup Offers

2351 Northgate Ave, North Riverside, IL 60546

2351 Northgate Ave, North Riverside, IL 60546

$280,000
1,084 SqFt
2 Bedrooms
~$1,250/mo.*2 Full Baths
Reham Shalabi#11426957
Listing Office:
eXp Realty, LLCMLS logo

Backup Offers

2932 Desplaines Ave, North Riverside, IL 60546

2932 Desplaines Ave, North Riverside, IL 60546

$210,000
969 SqFt
2 Bedrooms
~$950/mo.*1 Full Bath
Christina Maltese-Gauthier#11437000
Listing Office:
Coldwell Banker RealtyMLS logo

Backup Offers

8926 W Forestview Ave, North Riverside, IL 60546

8926 W Forestview Ave, North Riverside, IL 60546

$270,000
1,360 SqFt
2 Bedrooms
~$1,250/mo.*1 Full Bath
Helen Lalonde#11426759
Listing Office:
@properties Christie's International Real EstateMLS logo

Backup Offers

9021 W 24th St, North Riverside, IL 60546

9021 W 24th St, North Riverside, IL 60546

$345,000
1,526 SqFt
4 Bedrooms
~$1,550/mo.*1 Full Bath
Sheila Gentile#11420396
Listing Office:
Coldwell Banker RealtyMLS logo
2335 S 17th Ave, North Riverside, IL 60546

2335 S 17th Ave, North Riverside, IL 60546

$359,900
1,916 SqFt
4 Bedrooms
~$1,650/mo.*1 Full Bath
Mark Santoyo#11412471
Listing Office:
RE/MAX LoyaltyMLS logo
2325 S 10th Ave, North Riverside, IL 60546

2325 S 10th Ave, North Riverside, IL 60546

$279,900
1,380 SqFt
3 Bedrooms
~$1,250/mo.*1 Full Bath, 1 Partial
Karen Arndt#11394288
Listing Office:
I Know the Neighborhood LLCMLS logo

About North Riverside, IL

There are 27 homes are for sale in North Riverside, IL real estate market. In June 2022 in North Riverside, IL there were 22.7% more homes for sale than in May 2022. While the average time on the market in June 2022 was 7 days, the median list price was $299,800. This housing market listing prices have changed between May 2022 and June 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 15.7%, prices of 3 bedrooms properties went up by 11.9%, prices of 4 bedrooms properties increased by 4.8%, 5 bedrooms properties prices increased by 16.7%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went up by 50%, 3 bedrooms homes became 12.5% less available, the quantity of 4 bedrooms homes went up by 50%, volume of 5 bedrooms homes stayed the same. In June 2022, from all listings sold in North Riverside, IL there were more than 5 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data for the period 07/01/2020 - 07/01/2022

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/3/2022, 4:15:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Related Housing Market Reports