Riverton, IL housing market
The typical Riverton home is worth about $198,000, up 10.7% in a year, 33% below the Illinois typical home.
Home values, sales, trends and how Riverton compares with the towns next door — updated as new data is published.
Riverton at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Riverton | Illinois |
|---|---|---|
| 2017 | $135,000 | $181,000 |
| 2018 | $137,000 | $190,000 |
| 2019 | $136,000 | $195,000 |
| 2020 | $143,000 | $200,000 |
| 2021 | $145,000 | $215,000 |
| 2022 | $153,000 | $236,000 |
| 2023 | $160,000 | $248,000 |
| 2024 | $169,000 | $263,000 |
| 2025 | $176,000 | $278,000 |
| 2026 | $193,000 | $290,000 |
| August 2026 | $198,000 | $298,000 |
2 new homes permitted in 2025
Builders were permitted 2 new homes in Riverton in 2025, all single-family houses. That's 0.6 per 1,000 residents, slower than across Illinois (1.6). Over the past 10 years, Riverton has permitted 26 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Riverton gained 77 residents while 48 new homes were permitted: about 1.6 new residents per new home. Building and growth moved roughly in step.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 2 | 2 | 0 | $515,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 1 | 1 | 0 | $220,000 |
| 2022 | 2 | 2 | 0 | $600,000 |
| 2021 | 1 | 1 | 0 | $175,000 |
| 2020 | 1 | 1 | 0 | $175,000 |
| 2019 | 2 | 2 | 0 | $410,000 |
| 2018 | 2 | 2 | 0 | $295,000 |
| 2017 | 3 | 3 | 0 | $600,000 |
| 2016 | 12 | 12 | 0 | $1.1 million |
| 2015 | 3 | 3 | 0 | $525,000 |
| 2014 | 5 | 5 | 0 | $820,000 |
| 2013 | 9 | 7 | 2 | $1.2 million |
| 2012 | 4 | 4 | 0 | $570,000 |
| 2011 | 4 | 4 | 0 | $580,000 |
| 2010 | 4 | 4 | 0 | $713,000 |
| 2009 | 4 | 4 | 0 | $705,000 |
| 2008 | 11 | 9 | 2 | $1.6 million |
| 2007 | 5 | 5 | 0 | $720,000 |
| 2006 | 4 | 4 | 0 | $432,000 |
| 2005 | 7 | 1 | 6 | $357,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 8 | 4 | 4 | $359,000 |
| 2002 | 8 | 4 | 4 | $359,000 |
| 2001 | 29 | 29 | 0 | $1.2 million |
| 2000 | 29 | 29 | 0 | $1.2 million |
How Riverton ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Riverton and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Riverton | $198K | +10.7% | $1,370 | 2 | $80,920 |
| Spaulding | $267K | +12.7% | $1,410 | 1 | $105,114 |
2.4 years of income
The typical Riverton home costs about 2.4 years of the town's median household income, less than across Illinois (3.6 years).
How Riverton ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,370
HUD's Fair Market Rent for a two-bedroom in Riverton is $1,370 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Riverton pay a median of $981, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.
Studio $950 · 4 bedrooms $1,910
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62561, 62707; Springfield, IL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.