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What income do you need to buy in Riverfront?
About $199,000 a year to buy the typical Riverfront home, which sells for about $550,000.
- Typical sale price
- $550,000Median of 45 sales in the past 24 months
- Income needed
- $199,000A year, before taxes
- Cash needed up front
- $79,00010% down, transfer tax and closing costs
Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit). These are estimates, not a loan offer.
What it costs each month
| Principal and interest | $3,458 |
|---|---|
| Property tax | $725 |
| Insurance | $229 |
| Mortgage insurance | $206 |
| Total a month | $4,618 |
Claiming the Homestead Exemption could lower the property tax by about $117 a month. The total above does not include that saving.
How prices have moved
| Quarter | Median sale price | Sales |
|---|---|---|
| Q1 2025 | $565,000 | 7 |
| Q2 2025 | $472,500 | 12 |
| Q3 2025 | $570,000 | 9 |
| Q4 2025 | Few sales | 4 |
| Q1 2026 | $570,000 | 5 |
| Q2 2026 | Few sales | 1 |
| Q3 2026 | Few sales | 1 |
Quarters with fewer than 5 sales are left out, because a median of so few sales is unreliable.
Quarters with no recorded sales are left blank.
Tell us four things
Nearby neighborhoods
Cheaper nearby
- Pennsport $341,000
- Dickinson Narrows $375,000
- Greenwich $320,000
Pricier nearby
- Queen Village $675,000
- Society Hill $768,000
Questions about buying in Riverfront
What income do you need to buy a home in Riverfront?
About $199,000 a year for the typical Riverfront price of $550,000, keeping the housing payment to 28% of gross income. Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit).
How much cash do you need to buy in Riverfront?
About $79,000 up front at the typical price: 10% down ($55,000), your share of the transfer tax ($12,590) and closing costs ($11,000).
What does a typical home in Riverfront cost per month?
A typical Riverfront home costs about $4,618 a month all in: principal and interest $3,458, property tax $725, insurance $229, mortgage insurance $206. Claiming the Homestead Exemption could lower the tax by about $117 a month.
Based on 45 sales, as of 2026-10-29. Mortgage rate 7.24% (Freddie Mac, week of 2026-10-29). Estimates only, not financial advice. Talk to a lender.