Riverside, AL—35135
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Riverside, AL
As of Oct '25, the median home price in Riverside, AL is $299,000, with a year-over-year change of 0.3%. This indicates that home prices in Riverside, AL are flat. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $299,000 | 0.3% |
| Single Family | $304,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $306,000 | 1.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Riverside, AL
As of July '25, Rentcast reports the average rent in Riverside, AL is $1,740, with a year-over-year rent change of 2.4%. Per bedroom, the median rent as of July '25 in Riverside, AL is 2-bedrooms: $1,090, 3-bedrooms: $3,000, 4-bedrooms: $1,800. The most common rental property sizes in Riverside, AL are 2-bedroom and 3-bedroom, accounting for 59.0% and 20.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,180 | $1,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $995 | $1,090 |
| 3 Bed Rent | $3,000 | $3,000 |
| 4 Bed Rent | $1,800 | $1,800 |
% of Rental Stock
Property Listings — Riverside, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Riverside, AL is 64. This is a decrease of -9.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $434,000 | 12.0% |
Listing Count | 11 | 48.0% |
| Listings as % of Homes | 1.2% | 48.0% |
Days on Market | 64 | -9.0% |
Demographics — Riverside, AL
As of the latest ACS Survey released in 2023, Riverside, AL has a population of 1,890, which has decreased by -11.3% over the past 5 years. Riverside, AL is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 22.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,890 | -11.3% |
% Under 18 | 23.1% | -17.8% |
% Seniors | 22.5% | 118.4% |
% WFH | 5.2% | 642.9% |
% w/ College Degree | 22.5% | 36.4% |
As of the latest ACS Survey released in 2023, Riverside, AL is a predominantly white area, with 83.2% of the population identifying as white. The white population has grown by 12.7% in the last 5 years. The second most common race or ethnicity in Riverside, AL is black, making up 11.3% of the population. Foreign-born residents account for 0.8% of the population in Riverside, AL, and this percentage has decreased by 87.9% 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 | 83.2% | 12.7% |
% Black | 11.3% | -4.2% |
% Hispanic | 3.1% | -20.5% |
% Asian | 1.1% | -85.3% |
% Foreign Born | 0.8% | -87.9% |
Mortgage and Risk — Riverside, AL
According to HUD data as of 2023, there were 40 mortgage originations in Riverside, AL, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Riverside, AL. Investor activity is low, as 7.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 40 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Riverside, AL
Riverside, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,140 |
| 2 Bedroom | $265 | $995 | $1,260 |
| 3 Bedroom | -$1,430 | $3,000 | $1,570 |
| 4 Bedroom | -$20 | $1,800 | $1,780 |
Affordability — Riverside, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $299,000 |
| Median Household Income | $59,300 |