Why Live in Riverside
Riverside in Cambridge, MA, is a neighborhood with a rich academic and scenic backdrop, bordered by Harvard University and the Charles River. The area is well-connected, with paved sidewalks leading to Massachusetts Avenue and River Street, where numerous restaurants and shops are located. Dining options include Pammy’s, known for its sophisticated yet relaxed atmosphere, Alive & Kicking Lobsters for fresh seafood, and Andala Coffee House for Arabic coffee. Grocery needs are met by nearby Whole Foods Market, H Mart, and the nonprofit Daily Table Grocery. Riverside offers a variety of housing styles, from single-family homes with bay windows and Second Empire-style mansard roofs to multifamily condos and townhouses, many of which are newly constructed or renovated. The neighborhood is home to several parks, including Riverbend Park, Franklin Street Park, and Corporal Burns Playground, providing ample space for outdoor activities. Memorial Drive is closed to traffic on Sundays from April through November, allowing residents to bike, jog, and rollerblade. The Cambridge Community Center and YMCA offer additional recreational options. Riverside families benefit from highly rated schools such as Martin Luther King Jr. School, Putnam Avenue Upper School, and Cambridge Rindge & Latin School, with private options like Buckingham Browne & Nichols School also available. Commuting to downtown Boston is convenient via the Massachusetts Bay Transportation Authority’s red line or various driving routes. Annual events like the Cambridge Arts River Festival and the Head of the Charles Regatta add to the neighborhood’s vibrant community life. However, potential buyers should be aware of the high noise levels and the flood-prone areas within Riverside.
Home Trends in Riverside, MA
On average, homes in Riverside, Cambridge sell after 21 days on the market compared to the national average of 70 days. The median sale price for homes in Riverside, Cambridge over the last 12 months is $380,000, down 58% from the median home sale price over the previous 12 months.
Median Sale Price
$380,000
Median Single Family Sale Price
$538,000
Median Townhouse Sale Price
$390,000
Average Price Per Sq Ft
$180
Number of Homes for Sale
0
Last 12 months Home Sales
102
Median List Price
$369,000
Median Change From 1st List Price
-3%
Median Home Sale Price YoY Change
-58%