Riverside, MN is a great place to call home. The median value of homes in the area is $186,200, which is nearly half the median value of homes in the United States. Despite this difference, Riverside has experienced an impressive 1 year house appreciation of 13.39%, which far surpasses the national average of 8.27%. This rising trend in house prices makes Riverside a desirable location for those looking to invest in real estate or purchase their own home. With its affordable housing costs and increasing values, Riverside offers a great opportunity for potential homeowners to find their dream home without breaking the bank.
The median home cost in Riverside is $186,200. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Riverside is up 12.6%.
Average Age of Homes
- The median age of Riverside real estate is 44 years old
The Rental Market in Riverside
- Renters make up 9.9% of the Riverside population
- 0.0% of houses and apartments in Riverside, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.