Home prices
The cost of the median home in Riverwoods is $714,500. In comparison to its nearby areas this is roughly $208,620 (41%) higher.It is approximately $497,000 (228%) higher in comparison to the country as a whole, and is roughly $456,500 (176%) higher compared to the city of Chicago.
Rents
The median monthly rent in Riverwoods is $2,539. Compared to nearby areas it is about $811 (46%) higher.Compared to the United States as a whole it is about $1,477 (139%) higher, and it is roughly $1,427 (128%) higher compared to the city of Chicago.
Nearby places
Bannockburn
Bannockburn is Riverwoods's neighbor to the northeast. Its housing prices are a bit more expensive. The median home in Bannockburn costs $971,200, which comes out to $256,700 (26%) higher than Riverwoods. Rent there is significantly less expensive. The median monthly rent in Bannockburn is $1,065, which is $1,474 (138%) lower than Riverwoods.
Lincolnshire
Lincolnshire is Riverwoods's neighbor to the northwest. Real estate prices there are substantially less expensive. The median home in Lincolnshire costs $508,700, which works out to $205,800 (40%) lower than Riverwoods. Its rents are a little more expensive. Lincolnshire's median rent is $2,791 a month, which comes out to $252 (9%) higher than Riverwoods.
Deerfield
Deerfield is Riverwoods's neighbor to the east. Real estate prices there are a lot less expensive. The cost of the median home in Deerfield is $518,500, which comes out to $196,000 (37%) lower than Riverwoods. Its rents are substantially less expensive. Deerfield's median rent is $1,875 per month, which is $664 (35%) lower than Riverwoods.
Buffalo Grove
Buffalo Grove is Riverwoods's neighbor to the west. The real estate prices there are substantially less expensive. The median home in Buffalo Grove costs $332,300, which comes out to $382,200 (115%) lower than Riverwoods. Rent there is significantly less expensive. The median rent in Buffalo Grove is $1,643 per month, which works out to $896 (54%) lower than Riverwoods.
Wheeling
Wheeling is roughly 3 miles southwest of Riverwoods. Housing prices there are significantly less expensive. Wheeling's median home cost is $198,700, which works out to $515,800 (259%) lower than Riverwoods. Rent there is substantially less expensive. In Wheeling the median rent is $1,265 per month, which works out to $1,274 (100%) lower than Riverwoods.
