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Riverwoods, IL
Full City Profile · Illinois · Lake County County
4.0
/5.0
A
Great
3,988
Population
1,005/sq mi density
$243,036
Median Income
$112,114 per capita
$796,100
Home Value
$921,696 Zillow
$3,175
Median Rent
51.0% income on rent
51°F
Avg Temperature
260 sunny days/yr
28
Violent Crime/100K
586 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$243,036 median income, 0.5% unemployment
A+
Affordability
4.8 / 5.0
$796,100 home value, $3,175/mo rent
F
Safety
1.0 / 5.0
28 violent crimes/100K
A+
Education
5.0 / 5.0
76.4% bachelor's degree or higher
Housing Overview
Median Home Value
$796,100
182% above
US avg: $281,900
Median Rent
$3,175/mo
173% above
US avg: $1,163/mo
Homeownership Rate
96.0%
47% above US avg (65.4%)
Total Housing Units
1,469
Median year built: 1983
Home Value by Source
Census Median
$796,100
Zillow (ZHVI)
$921,696
Median Sale Price
$1,165,000
Median List Price
$924,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
96.0%
Owner-Occupied
4.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$3,175/mo
Market Indicators (Redfin)
Median Days on Market
107 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$262
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
96.0%
Complete Housing Data
Home Values
| Census Median Value | $796,100 |
| Zillow Home Value (ZHVI) | $921,696 |
| Median Sale Price | $1,165,000 |
| Median List Price | $924,900 |
| Price Per Sq Ft | $262 |
Rent
| Census Median Rent | $3,175 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 107 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 5 |
| Price Per Sq Ft | $262 |
Ownership & Stock
| Owner-Occupied | 96.0% |
| Renter-Occupied | 4.0% |
| Homeownership Rate | 96.0% |
| Total Housing Units | 1,469 |
| Median Year Built | 1983 |
| Rent Burden | 51.0% |