Is Riverdale, IL 60827 a buyer’s or seller’s market?
Riverdale is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 44% of U.S. ZIP codes, and #402 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Riverdale housing market right now
In the three months ending August 31, 2026, 36% of homes in Riverdale, IL 60827 sold above their list price, the typical home went under contract in 72 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 37 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 27%, homes sold more slowly (61 days then) and the median sale price fell 7% to $169,926. Overall, Riverdale is more competitive than a year ago, so tougher for buyers.
Within Cook County, homes here sell more slowly than in 88% of the county’s ZIP codes, and sell less often over asking than in 76%. On our competition score, Riverdale ranks #402 of 464 IL ZIP codes with enough sales (score 44 out of 100).
Nearby, buyers who want less competition could look at Thornton 60476 (14% sold over asking) or Chicago 60604 (17% sold over asking), while Golf 60029 (100% sold over asking) and Berkeley 60163 (75% sold over asking) are even more competitive.
Run the numbers for 60827
Nearby markets
Alsip 60803Seller’s market $202 /sq ftArlington Heights 60004Seller’s market $280 /sq ftArlington Heights 60005Seller’s market $261 /sq ftBarrington 60010Seller’s market $255 /sq ft Browse all markets →Towns like Riverdale nearby
Find towns like Riverdale in other states →Where Riverdale is
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Questions about Riverdale real estate
Is Riverdale a buyer’s or seller’s market?
A buyer’s market: there were 7.5 months of supply in Riverdale, IL 60827 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Riverdale?
The typical home went under contract in 72 days in the latest three months.
Do homes in Riverdale sell over asking?
36% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.
What are property taxes in Riverdale?
About 1.91% of a home’s value a year in Cook County, or roughly $7,640 on a $400,000 home.
What is the median home price in Riverdale?
The median sale price was $169,926 in the three months ending August 31, 2026, about $135 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology