Riverton, IL—62561
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Riverton, IL
As of Nov '25, the median home price in Riverton, IL is $197,000, with a year-over-year change of 8.4%. This indicates that home prices in Riverton, IL are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $197,000 | 8.4% |
| Single Family | $197,000 | 10.1% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Riverton, IL
Riverton, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Riverton, IL
As of Nov '25, Realtor.com reports that the median days on market for a home in Riverton, IL is 37. This is a decrease of -20.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | 5.0% |
Listing Count | 8 | -24.0% |
| Listings as % of Homes | 0.4% | -24.0% |
Days on Market | 37 | -20.0% |
Demographics — Riverton, IL
As of the latest ACS Survey released in 2023, Riverton, IL has a population of 4,930, which has decreased by -7.9% over the past 5 years. Riverton, IL is a moderately popular place for families, as children make up 19.3% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,930 | -7.9% |
% Under 18 | 19.3% | -26.9% |
% Seniors | 20.4% | 28.3% |
% WFH | 15.4% | 805.9% |
% w/ College Degree | 18.6% | -14.7% |
As of the latest ACS Survey released in 2023, Riverton, IL is a predominantly white area, with 97.1% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Riverton, IL is hispanic, making up 1.3% of the population. Foreign-born residents account for 1.0% of the population in Riverton, IL, and this percentage has decreased by 50.0% 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 | 97.1% | -0.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.3% | 333.3% |
% Asian | 0.5% | 150.0% |
% Foreign Born | 1.0% | -50.0% |
Mortgage and Risk — Riverton, IL
According to HUD data as of 2023, there were 83 mortgage originations in Riverton, IL, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Riverton, IL. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 83 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Rentals and Section 8 — Riverton, IL
Riverton, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,060 |
| 2 Bedroom | N/A | N/A | $1,300 |
| 3 Bedroom | N/A | N/A | $1,760 |
| 4 Bedroom | N/A | N/A | $1,800 |
Affordability — Riverton, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $197,000 |
| Median Household Income | $78,500 |