Riverside home prices fall in March 2017
In March 2017, there were 15 homes sold, with a median sale price of $262,500 - a 38.2% decrease over the $425,000 median sale price for the same period of the previous year. There were seven homes sold in Riverside in March 2016.
The median sales tax in Riverside for 2017 was $9,563. In 2016, the median sales tax was $9,060. This marks an increase of 5.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.
The following table compares Riverside to other Cook County cities with similar median sales prices in March 2017: