Riverside, MI

Riverside, Michigan is a city located in Oakland County, Michigan. The population was 83,819 as of the 2010 census. Riverside is the county seat of Oakland County and home to many businesses and organizations.

Real estate in Riverside is diverse with homes ranging from starter homes to large estates. There are also a variety of neighborhoods including suburban areas, urban neighborhoods, and rural areas. The median home value in Riverside was $269,000 as of September 1st, 2016 according to Zillow.com. This makes Riverside one of the more affordable cities in Michigan for homeownership.

The real estate market in Riverside has seen steady growth over the past few years due to a number of factors including an improving economy and low interest rates. According to Realtor Magazine’s 2017 Home Buyer’s Market Trends report, the average sale price for single family homes increased by 5% from 2016 to 2017 while the average sale price for condos increased by 10%. In addition, there has been an increase in demand for luxury homes due to increasing incomes and an aging population that wants quality housing without having to spend a lot of money on it.

One thing that has helped make Riverside a desirable place to live is its close proximity to Detroit which is one of America’s most populous cities. Detroit is only about an hour away by car which makes it easy for people who work in Detroit or want access to all that Detroit has to offer (including some great shopping).

Another factor that contributes towards the growth of real estate prices in Riverside are its schools which are rated among some of the best in Michigan according to Niche Rankings . This means that there are plenty of families who wantto live near good schools which can only be good news for sellers and buyers alike!