REAL ESTATE

The real estate market in Riverside, Jacksonville, Florida, as of October 13, 2025, shows a dynamic environment with a variety of properties available. The median sale price for homes in Riverside is $418,000, reflecting a 6.5% year-over-year increase as of August 2025 according to Redfin data[1]. However, other sources indicate a median sale price of $395,000 over the last 12 months, representing a 5% decrease from the previous 12 months[2]. The median list price is $416,900[2].

According to www.iAsk.Ai – Ask AI:

Currently, there are 87 properties for sale in the Riverside area, with an average asking price of $542,621[4]. The highest-priced property is listed at $1,800,000, while the lowest is $100,000[4]. Homes in Riverside typically sell after 62 days on the market, which is longer than the national average of 52 days[2]. The average price per square foot is $276[2].

For those considering purchasing a home in Riverside, the median home price of $416,900 would require an estimated principal and interest payment of $2,060 per month with a 20% down payment and a 30-year fixed mortgage at a 6.3% interest rate. To comfortably afford this, an annual income of at least $88,000 is recommended, aligning with the average household income in the neighborhood[2].

Riverside is characterized by its historic charm, walkability, and diverse housing stock, including colonial revivals, Craftsman-inspired bungalows, and Prairie-style homes[2]. It is a popular area for young professionals, offering convenient access to coffee shops, dining, and entertainment, particularly in the Five Points commercial district[2]. Notable attractions include Memorial Park, Riverside Park, and the Cummer Art Museum[2]. The neighborhood is somewhat dense, with 9.8 people per acre and a median age of 39. A majority of residents (63%) are renters, while 37% own their homes[2].

While Riverside is considered a good place to live, it is prone to flooding, an issue addressed by the Riverside Avondale Preservation (RAP) organization[2]. The neighborhood also boasts several well-regarded public schools, such as West Riverside Elementary School, Central Riverside Elementary School, and Ruth N. Upson Elementary School, all with B+ Niche grades[2].

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