Riverside, Ohio Housing Market Prices
Riverside Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 69% below the Ohio median$43,152
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Median rent 3% above the Ohio median$1,062
Housing Market Overview
| Metric | Riverside | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $43,152 | $139,044 | $248,835 |
| Price Trend (Annual %) | -1.4% | 6.7% | 7.5% |
| Median Gross Rent | $1,062 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Riverside is about 69% lower than in Ohio. Rent is about 3% higher than the Ohio average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Riverside: home prices fell about 1.4% a year while rent rose about 3.5% a year. That is an unusual pattern worth watching.
Median rent in Riverside rose about 34.1% between 2015 and 2024, from $792 to $1,062. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 0.7 yearly household incomes in Riverside.
Buying the median-priced home in Riverside costs roughly 3.4 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Riverside. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Riverside | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $43,152 | $139,044 | $248,835 |
| Median Household Income | $64,186 | $71,509 | $80,455 |
| Price-to-Income Ratio | 0.7 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Riverside fell about 41.2%, while median household income rose about 38.7% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Riverside | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.3% | 61.7% | 58.5% |
| Rental Rate | 40.8% | 30.1% | 31.2% |
| Vacancy Rate | 6.9% | 8.1% | 10.2% |
| Median Tenure (years) | 14.0 | 16.0 | 15.0 |
| Median Year Moved In | 2012 | 2010 | 2011 |
Riverside has a homeownership rate of 52.3%, lower than the Ohio average of 61.7%. Its housing vacancy rate is 6.9%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Riverside | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.26 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1966 | 1970 | 1978 |
| Median Number of Rooms | 5.4 | 5.9 | 5.5 |
The typical housing unit in Riverside was built around 1966. On average, 2.3 people live in a home with about 5.4 rooms, staying for about 14.0 years on average.
Riverside, OH Housing Compared With Nearby Cities
Riverside, OH is the smallest of the 4 cities compared here, 22,650 residents against a local median of 42,546. The measure that sets Riverside, OH apart most is median home price: $43,152, 78% below the local median of $196,434.
Homeownership tells the same story from another angle: 56.2% against a local median of 71.0%, 21% below it. The one measure here that carries a verdict is homeownership, and at 21% below the local median it puts Riverside, OH at the weaker end of the local range. The cities themselves spread $133,722 on median home price, so Riverside, OH sits at one end of an already wide local range rather than apart from it. Riverside, OH has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Riverside, OH | 22,650 | $43,152 #4/4 | $1,062 #3/4 | 56.2% #3/4 |
| Huber Heights, OH | 37,266 | $196,434 | $1,211 | 72.9% |
| Dayton, OH | 141,732 | $96,142 | $923 | 49.4% |
| Beavercreek, OH | 42,546 | $229,864 | $1,451 | 71.0% |
Frequently Asked Questions
Common questions about the housing market in Riverside, Ohio.
What is the median home price in Riverside, Ohio?
The median home price in Riverside, Ohio is $43,152, lower than the Ohio average of $139,044.
What is the average home price in Riverside, Ohio?
The typical home price in Riverside, Ohio, reported as the median sale price, is $43,152. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Riverside, Ohio?
The median gross rent in Riverside, Ohio is $1,062 per month, higher than the Ohio average of $1,033.
What was the median gross rent in Riverside in 2020?
In 2020, the median gross rent in Riverside, Ohio was $875 per month.
What is the price-to-rent ratio in Riverside, Ohio?
The price-to-rent ratio in Riverside, Ohio is about 3.4, meaning it would take roughly 3.4 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Riverside.
Are home prices or rent rising faster in Riverside, Ohio?
Home prices and rent are moving in opposite directions in Riverside: home prices fell about 1.4% a year while rent rose about 3.5% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Riverside, Ohio?
52.3% of households in Riverside, Ohio own their home, lower than the Ohio average of 61.7%.
What is the vacancy rate in Riverside, Ohio?
The housing vacancy rate in Riverside, Ohio is 6.9%, lower than the Ohio average of 8.1%.
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