Riverside, CT Housing Market
The Riverside housing market is very competitive. Homes in Riverside receive 8 offers on average and sell in around 21 days. The median sale price of a home in Riverside was $1.8M last month, down 10.7% since last year. The median sale price per square foot in Riverside is $695, down 2.8% since last year.
Riverside Housing Market Trends
In May 2024, Riverside home prices were down 10.7% compared to last year, selling for a median price of $1.8M. On average, homes in Riverside sell after 21 days on the market compared to 47 days last year. There were 9 homes sold in May this year, down from 13 last year.
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How hot is the Riverside housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 4% above list price and go pending in around 21 days.
- Hot homescan sell for about 8% above list price and go pending in around 11 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 3% above list price and go pending in around 27 days.
- Hot homescan sell for about 9% above list price and go pending in around 14 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 4% above list price and go pending in around 32 days.
- Hot homescan sell for about 9% above list price and go pending in around 16 days.
Riverside Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Riverside from outside metros.
- Walla Walla homebuyers searched to move into Riverside more than any other metro followed by Peoria and Mountain Home.
- 69% of Riverside homebuyers searched to stay within the Riverside metropolitan area.
- Miami was the most popular destination among Riverside homebuyers followed by Philadelphia and Boston.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 5 | ||
2 | 4 | ||
3 | 1 | ||
4 | 1 | ||
5 | 0 | ||
6 | 0 | ||
7 | 0 | ||
8 | 0 | ||
9 | 0 | ||
10 | 0 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 6,233 | ||
2 | 4,114 | ||
3 | 3,455 | ||
4 | 3,424 | ||
5 | 2,767 | ||
6 | 2,018 | ||
7 | 1,836 | ||
8 | 1,791 | ||
9 | 1,510 | ||
10 | 1,508 |
Home offer insights for Riverside
Recent offers
View houses in Riverside that sold recently
Recently sold homes
- $2,500,000 Last Sold Price5 beds3.5 baths3,224 sq ft72 Lockwood Rd, Riverside, CT 06878List Price$2,295,000Sale to List9% over listDays on Market53 days72 Lockwood Rd, Riverside, CT 06878
- $3,600,000 Last Sold Price4 beds4 baths4,313 sq ft7 Willowmere Ave, Riverside, CT 06878List Price$3,800,000Sale to List5% under listDays on Market76 days7 Willowmere Ave, Riverside, CT 06878
- $3,100,010 Last Sold Price4 beds2.5 baths3,059 sq ft2 Owenoke Way, Riverside, CT 06878List Price$2,950,000Sale to List5% over listDays on Market113 days2 Owenoke Way, Riverside, CT 06878
- $800,000 Last Sold Price3 beds3 baths1,284 sq ft1 Cary Rd, Greenwich, CT 06878List Price$895,000Sale to List11% under listDays on Market252 days1 Cary Rd, Greenwich, CT 06878
- $2,850,000 Last Sold Price4 beds3 baths2,884 sq ft15 Verona Dr, Riverside, CT 06878List Price$2,695,000Sale to List6% over listDays on Market55 days15 Verona Dr, Riverside, CT 06878
- $2,625,000 Last Sold Price4 beds2.5 baths3,028 sq ft13 Chapel Ln, Riverside, CT 06878List Price$2,699,000Sale to List3% under listDays on Market83 days13 Chapel Ln, Riverside, CT 06878
- $2,260,000 Last Sold Price4 beds3.5 baths2,952 sq ft1 Bonwit Rd, Greenwich, CT 06878List Price$2,500,000Sale to List10% under listDays on Market156 days1 Bonwit Rd, Greenwich, CT 06878
- $1,950,000 Last Sold Price2 beds2 baths1,788 sq ft11 Field Rd, Riverside, CT 06878List Price$1,795,000Sale to List9% over listDays on Market67 days11 Field Rd, Riverside, CT 06878
See all recently sold homes in Riverside.
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Schools in Riverside
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Riverside School Public • K-5 | 445 Students | 3 reviews |
10/10 North Mianus School Public • PreK-5 | 489 Students | 12 reviews |
9/10 International School At Dundee Public • PreK-5 | 361 Students | 10 reviews |
Climate's impact on Riverside housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Riverside.
Flood Factor - Major
Flood Factor
![flood factor score logo](https://ssl.cdn-redfin.com/v528.0.0/images/riskFactor/regional/flood-3.png)
Fire Factor - Minor
Fire Factor
![fire factor score logo](https://ssl.cdn-redfin.com/v528.0.0/images/riskFactor/regional/fire-1.png)
Wind Factor - Major
Wind Factor
![wind factor score logo](https://ssl.cdn-redfin.com/v528.0.0/images/riskFactor/regional/wind-3.png)
Wind likelihood over time
Heat Factor - Major
Heat Factor
![heat factor score logo](https://ssl.cdn-redfin.com/v528.0.0/images/riskFactor/regional/heat-3.png)
Transportation in Riverside
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