Riverdale, Detroit, MI
Riverdale — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Riverdale, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Riverdale Neighborhood Overview
Riverdale is a residential neighborhood located on Detroit's east side, positioned along the Detroit River. The area offers a quiet, community-focused atmosphere with convenient access to major city corridors. Its location provides a blend of suburban feel and urban proximity.
Lifestyle & Amenities
Residents enjoy access to local parks and the scenic riverfront, which provides opportunities for recreation and relaxation. The neighborhood is primarily residential, with shopping and dining needs often met in nearby districts. Community events and local organizations contribute to the area's cohesive character.
Real Estate Market
The median home value in Riverdale is $381,500 according to U.S. Census Bureau ACS 5-Year Estimates (2022). The current market price per square foot is $80.65/sqft according to Redfin market data, indicating a specific cost for living space. Current asking rent data shows a market rate of $85,500 per month according to Redfin market data.
Schools & Education
Riverdale is served by the Detroit Public Schools Community District. Families have access to various public school options within the district. Performance and specific program offerings can vary between individual schools in the area.
Transportation & Connectivity
The neighborhood is well-connected by major roads like Jefferson Avenue and I-94, facilitating commutes to downtown Detroit and other regions. Public transportation options are available through the Detroit Department of Transportation bus system. The area's layout is generally car-centric, though some streets are conducive to walking and biking.
Why Choose Riverdale
Riverdale appeals to those seeking a stable, residential neighborhood with a strong sense of community. The median household income is $22,243 according to U.S. Census Bureau ACS 5-Year Estimates (2022), reflecting the area's economic profile. Its riverfront location and relative affordability compared to some city neighborhoods are key draws for potential residents.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Riverdale Market Data
| Metric | Value |
|---|---|
| Median Home Price | $382K |
| Median Gross Rent | $765/mo |
| Median Household Income | $22K |
| Homeownership Rate | 11.4% |
| Renter-Occupied | 88.6% |
| Rental Vacancy Rate | 4.1% |
| Market Type | Balanced |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 48201 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 264,220 |
| VA Loan Originations | 9,916 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 227,996 |
| FHA Loan Originations | 26,308 |
Top Real Estate Agents in Riverdale, Detroit
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Riverdale, Detroit, MI. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Michigan Department of Licensing and Regulatory Affairs (LARA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15