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Riverwoods, IL Housing Market
$1,018,151
8.8% 1-yrThe average Riverwoods, IL home value is $1,018,151, up 8.8% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Riverwoods Key Takeaways
Typical Home Values: $1,018,151
1-Year Value Change: +8.8%
(Data through September 30, 2026)
Riverwoods Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Riverwoods
- NameMedian ZHVI
- Knollwood$466,932
- Scarsdale$684,453
- Golden Acres$532,487
- Green Oaks$794,639
- Westown$144,410
- Courtland Park$373,629
- Ballard Terrace$372,259
- Washington Park$403,194
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Riverwoods Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Riverwoods, IL?
The median home value in Riverwoods, IL is $1,018,151 as of September 2026. This represents a 0.8% increase compared to last month and a 8.8% increase year-over-year.
How have home values changed in Riverwoods, IL?
Home values in Riverwoods, IL have increased by 0.8% month-over-month and 8.8% year-over-year.
How do home values in Riverwoods, IL compare to Lake County, Illinois, and the national average?
The median home value in Riverwoods, IL ($1,018,151) compares to: Lake County ($398,052), Illinois ($295,943), and the U.S. national median ($366,157).