Real Estate Market Update for Riverdale, GA

Video: Real Estate Community Tour for Riverdale, GA

See Real estate community tour for Riverdale, GA
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 33% from one year earlier, and down 3% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 90-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 16%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 70-thousand dollars. The number of units sold increased 10% year-over-year, and increased 50% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Riverdale, GA
Area Information for Riverdale, GA
  • Population: 14,817
  • Median Age: 34.19 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 3,267/sq mi
  • Population Change Since 2000: 8.74%
  • Closest Airport: Hartsfield - Jackson Atlanta International
  • Closest College: Clayton State University
  • Closest Jr. College: Atlanta Metropolitan College
  • Median Household Income: $36,412
  • Annual Residential Turnover: 20%
  • Median Home Sales Price: $65,000
  • Closest Major Sports Team: Georgia Swarm
  • Change Avg. Household Income Since 2000: -1.18%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Riverdale, GA
Median Age: 34.19 Married: 26% Number of Households: 5,349 Households with Children: 1,887
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Riverdale, GA

      School Name Distance Type Grades School Rating Parent Rating
      Church Street Elementary School 0.4 mi Public PRESCHOOL-5 1 0
      Riverdale Middle School 1.0 mi Public 6-8 1 0
      Riverdale High School 1.2 mi Public 9-12 2 3
      The Owens Academy For Exceptional Learners 1.2 mi Private 5-11 0 0
      Prime Care Learning Center Ii 1.4 mi Private PRESCHOOL-2 0 0
      Lake Ridge Elementary School 1.4 mi Public PRESCHOOL-5 1 0
      Utopian Academy For The Arts Charter School 1.4 mi Public 6-7 0 0
      Solid Rock Academy 1.5 mi Private PRESCHOOL-12 0 0
      Sequoyah Middle School 1.8 mi Public 6-8 1 0
      Harper Elementary School 1.8 mi Public PRESCHOOL-5 1 0
      Oliver Elementary School 1.9 mi Public PRESCHOOL-5 1 0
      Pointe South Elementary School 2.3 mi Public PRESCHOOL-5 1 0
      Riverdale Elementary School 2.5 mi Public PRESCHOOL-5 1 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Riverdale, GA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.