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

Housing Market Conditions



Gauge showing Riverside is a buyer's market


Difference Since November 2022

At the same time last year, Riverside was a Seller's Market.

Key Takeaway

Riverside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Riverside, NJ

How much do homes in Riverside, NJ cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Riverside have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Riverside was $326,000 in November 2023, up 8.7% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 -$117.8K
2 $215.9K$245K
3 $290K$310K
4 $365.2K$425K
5+ $455.1K$332.5K

Summary: Riverside housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes decreased by 26.9%.

Median Sold Price Compared To Nearby Cities

Delran Township
Edgewater Park Township
Delanco Township
Riverside Township

Housing Supply in Riverside, NJ

How many homes are available in Riverside, NJ?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Riverside real estate market had 135 homes for sale in November 2023, a 2.9% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 11
2 2622
3 5555
4 4845
5+ 912

Summary: The Riverside housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Riverside, you could pay more than the asking price. 58.8% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Riverside in November 2023, down by 37.0% month-over-month. Of the 17 sold homes, 29% were sold under asking, 12% were sold at asking, and 59% were sold over asking.

Days on Market for Riverside, NJ

How long does it take to sell a home in Riverside, NJ?

Average Sale Time

Nov 2022Nov 2023CHANGE
31 Days20 Days-33.9%

Summary: Homes in Riverside had an average of 20 days on market in Nov 2023, down by 33.9% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2023, 17 homes were sold in Riverside; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 6 Days Ago

Newest Listings in Riverside, NJ

Nearby Markets to Riverside, NJ

What housing markets are near Riverside, NJ?