Housing in Riverwoods, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,975,000

Median List Price

$1,550,000

Price Per Sq Ft

$228

Days on Market

82

Active Inventory

7

Months of Supply

7.0

Buyer's market

Zillow Home Value

$918,824

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 135.1%List Price 43.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

100.0%

Sale-to-List Ratio

85.9%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
100.0%
Listings with Price Drops
14.3%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

1

Pending Sales

1

Homes Sold 75.0%New Listings 83.3%Pending 75.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$228

Median List $/SF

$225

Sale $/SF 24.6%List $/SF 5.1%Mar 24Jan 26

Riverwoods vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Riverwoods is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$796,100

Median Rent

$3,175

Total Housing Units

1,418

Vacancy Rate

10.8%

Owner Occupied

96.0%

Renter Occupied

4.0%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,616

Housing Types

Single Family
100.0%
Multi-Family
0.0%
Mobile Home
0.0%

The current median sale price in Riverwoods, IL is $1,975,000 according to Redfin data. Homes spend a median of 82 days on the market. 0.0% of homes sold above asking price. The market has 7.0 months of supply. The median price per square foot is $228. The median rent is $3,175 per month (Census ACS). About 96.0% of housing units are owner-occupied. The median year homes were built is 1984. There are 1,418 total housing units.