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Riverdale, IL Real Estate


According to census data in the year 2000 there were 5,428 housing units in Riverdale. This represents a 3.5% decline from 5,623 in 1990.

Of those housing units, 5,428 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Riverdale is about 57.3%. Riverdale's vacancy rate, including seasonal lodging, is about 8.3%. Average household size is 3.01 people.

The majority of houses, apartments or condos in Riverdale were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom14%
Two Bedrooms36.20%
Three Bedrooms38.90%
Four Bedrooms7.70%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.13
Median year structure was built1954
Median Value of occupied units$82,600
Median Price asked for vacant units$82,200

Rented Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1964
Median Monthly Rent asked for vacant units$598

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage15.40%
Home Equity Loan3.50%
Simple Mortgage58%
Debt Free23.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.9%