There are currently 6,553 real estate properties in Riverbank, CA, with a median automated valuation model (AVM) price of $444,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Riverbank, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Riverbank, CA, is $447,359.00, with the most expensive house in Riverbank, CA, topping out at $1,813,900.00 and the cheapest home in Riverbank, CA, clocking in at $163,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Riverbank, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Riverbank, CA, is on a rollercoaster ride. The average rent price in Riverbank, CA, is $1,819.00. Indeed, when looking to rent in Riverbank, CA, you can expect to pay as little as $990.00 or as much as $3,760.00, with the average rent median estimated to be $1,830.00. The good news is that finding an affordable and desirable property to rent in Riverbank, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Riverbank, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Riverbank, CA and much more. Save thousands at closing with home foreclosure listings in Riverbank, CA — up to 75% off market value!
Riverbank is located in Stanislaus, California, with an estimated municipal population of 24,881 residents. All of the best foreclosed homes for sale in Riverbank are located in the following zip code areas on Foreclosure.com: 95367. The estimated population per square kilometer (.62 miles) in Riverbank is 2,372.
So, about how much do homes cost in Riverbank? The most recent median value of resident-owned homes in Riverbank is 293,133. An estimated 66.6 percent of households in Riverbank own their homes, with an average family size of 3.78. The median household income in Riverbank is 70,549, with29.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Riverbank, the median commute time of resident workers (in minutes) is 29.3. And last, but certainly not least, are you looking for homes to rent in Riverbank? If so, the average rent price paid by renters in Riverbank is 1,172, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Riverbank, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Riverbank is 32.6, split between 48.3 percent male versus 51.7 female. The percentage of residents who report being married in Riverbank is 51.8, with an average family size of 3.78.
The percentage of residents who report their race in Riverbank is as follows:
|Black / African American||1.7%|
|American Indian / Alaskan Native||0.9%|
|Native Hawaiian / Other Pacifc Islander||0.4%|
Looking for family-friendly neighborhoods in and/or near Riverbank? Or maybe you are searching for 55+ active adult communities in and/or near Riverbank?
The percentage of residents who report their age in Riverbank is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Riverbank with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Riverbank.
How do you know that living in -- or moving to -- Riverbank is right where you need to be? Perhaps you grew up in Riverbank or already live nearby; therefore, the decision to buy a home in Riverbank is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Riverbank for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Riverbank:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Riverbank.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Riverbank can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Riverbank, meanwhile, can field multiple offers from more qualified buyers.
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