Riverdale, GA—30296
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Riverdale, GA
Home Price Trends — Riverdale, GA
As of Oct '25, the median home price in Riverdale, GA is $229,000, with a year-over-year change of -7.5%. This indicates that home prices in Riverdale, GA are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $229,000 | -7.5% |
| Single Family | $229,000 | -7.3% |
| Condos | $177,000 | -9.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $170,000 | -10.1% |
3 Bed | $215,000 | -8.9% |
4 Bed | $256,000 | -6.2% |
| 5 Bed | $282,000 | -5.1% |
% of Housing Stock
Rental Trends — Riverdale, GA
As of July '25, Rentcast reports the average rent in Riverdale, GA is $1,700, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Riverdale, GA is 1-bedrooms: $995, 2-bedrooms: $1,520, 3-bedrooms: $1,800, 4-bedrooms: $2,220. The most common rental property sizes in Riverdale, GA are 3-bedroom and 2-bedroom, accounting for 48.2% and 24.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,770 | $1,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $975 | $995 |
| 2 Bed Rent | $1,510 | $1,520 |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | $2,080 | $2,220 |
% of Rental Stock
Property Listings — Riverdale, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Riverdale, GA is 62. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $261,000 | 1.0% |
Listing Count | 139 | -5.0% |
| Listings as % of Homes | 0.7% | -5.0% |
Days on Market | 62 | -7.0% |
Demographics — Riverdale, GA
As of the latest ACS Survey released in 2023, Riverdale, GA has a population of 27,800, which has decreased by -3.1% over the past 5 years. Riverdale, GA is a popular place for families, as children make up 27.2% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,800 | -3.1% |
% Under 18 | 27.2% | 1.9% |
% Seniors | 13.3% | 20.9% |
% WFH | 9.1% | 250.0% |
% w/ College Degree | 22.9% | 3.6% |
As of the latest ACS Survey released in 2023, Riverdale, GA is a predominantly black area, with 81.9% of the population identifying as black. The black population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Riverdale, GA is hispanic, making up 9.6% of the population. Foreign-born residents account for 14.5% of the population in Riverdale, GA, and this percentage has increased by 21.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 3.8% | -24.0% |
% Black | 81.9% | -2.2% |
% Hispanic | 9.6% | 26.3% |
% Asian | 3.8% | 52.0% |
% Foreign Born | 14.5% | 21.8% |
Mortgage and Risk — Riverdale, GA
According to HUD data as of 2023, there were 291 mortgage originations in Riverdale, GA, of which 47.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Riverdale, GA. Investor activity is low, as 4.0% of loans were by investors. 36.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 291 |
% Conventional Loans | 47.0% |
% Government Loans | 53.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 36.0% |
Loan Activity
Rentals and Section 8 — Riverdale, GA
As of 2024, the percent of homes in Riverdale, GA under the Section 8 program is 5.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Riverdale, GA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 189 |
Total Units Section 8 | 189 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $655 | $975 | $1,630 |
| 2 Bedroom | $290 | $1,510 | $1,800 |
| 3 Bedroom | $370 | $1,800 | $2,170 |
| 4 Bedroom | $530 | $2,080 | $2,610 |
Affordability — Riverdale, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $229,000 |
| Median Household Income | $60,300 |