Riverside, Jacksonville, FL—32207
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Riverside, Jacksonville, FL
As of Oct '25, the median home price in Riverside, Jacksonville, FL is $271,000, with a year-over-year change of -4.4%. This indicates that home prices in Riverside, Jacksonville, FL are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $271,000 | -4.4% |
| Single Family | $278,000 | -3.8% |
| Condos | $184,000 | -8.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $156,000 | -2.5% |
2 Bed | $198,000 | -5.3% |
3 Bed | $272,000 | -4.6% |
4 Bed | $448,000 | -2.6% |
| 5 Bed | $1,185,000 | -1.2% |
% of Housing Stock
Rental Trends — Riverside, Jacksonville, FL
As of July '25, Rentcast reports the average rent in Riverside, Jacksonville, FL is $1,620, with a year-over-year rent change of -4.7%. Per bedroom, the median rent as of July '25 in Riverside, Jacksonville, FL is studios: $1,220, 1-bedrooms: $1,200, 2-bedrooms: $1,660, 3-bedrooms: $2,210, 4-bedrooms: $2,370. The most common rental property sizes in Riverside, Jacksonville, FL are 2-bedroom and 1-bedroom, accounting for 39.0% and 35.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,620 |
| Studio Rent | $1,310 | $1,220 |
| 1 Bed Rent | $1,100 | $1,200 |
| 2 Bed Rent | $1,450 | $1,660 |
| 3 Bed Rent | $1,950 | $2,210 |
| 4 Bed Rent | $2,370 | $2,370 |
% of Rental Stock
Property Listings — Riverside, Jacksonville, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Riverside, Jacksonville, FL is 70. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $312,000 | 2.0% |
Listing Count | 191 | 2.0% |
| Listings as % of Homes | 0.7% | 2.0% |
Days on Market | 70 | 2.0% |
Demographics — Riverside, Jacksonville, FL
As of the latest ACS Survey released in 2023, Riverside, Jacksonville, FL has a population of 35,300, which has decreased by -1.7% over the past 5 years. Riverside, Jacksonville, FL is a moderately popular place for families, as children make up 20.4% of the population. The area has a moderately educated workforce, with 37.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,300 | -1.7% |
% Under 18 | 20.4% | -14.3% |
% Seniors | 18.0% | 50.0% |
% WFH | 17.6% | 220.0% |
% w/ College Degree | 37.9% | 24.3% |
As of the latest ACS Survey released in 2023, Riverside, Jacksonville, FL is a predominantly white area, with 55.8% of the population identifying as white. The white population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Riverside, Jacksonville, FL is black, making up 16.5% of the population. Foreign-born residents account for 17.3% of the population in Riverside, Jacksonville, FL, and this percentage has decreased by 7.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 55.8% | 2.4% |
% Black | 16.5% | -16.2% |
% Hispanic | 15.4% | 5.5% |
% Asian | 9.0% | -2.2% |
% Foreign Born | 17.3% | -7.0% |
Mortgage and Risk — Riverside, Jacksonville, FL
According to HUD data as of 2023, there were 525 mortgage originations in Riverside, Jacksonville, FL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Riverside, Jacksonville, FL. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 525 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Riverside, Jacksonville, FL
As of 2024, the percent of homes in Riverside, Jacksonville, FL under the Section 8 program is 12.2%. 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Riverside, Jacksonville, FL, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,039 |
Total Units Section 8 | 982 |
% Rentals under Section 8 | 12.2% |
% Occupied Section 8 | 95.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,100 | $1,290 |
| 2 Bedroom | $90 | $1,450 | $1,540 |
| 3 Bedroom | -$20 | $1,950 | $1,930 |
| 4 Bedroom | $70 | $2,370 | $2,440 |
Affordability — Riverside, Jacksonville, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $271,000 |
| Median Household Income | $60,900 |