Why Live in Riverside South
Riverside South in Gainesville is a quiet suburban community characterized by rolling forested streets and spacious properties. Adjacent to local parks and the shores of Lake Lanier, it offers a sense of privacy while remaining close to amenities. The neighborhood features a variety of home styles, including ranch-style, split-level, Cape Cod, and Craftsman houses, with lot sizes up to 2 acres and homes ranging from 1,000 to 2,400 square feet. Many homes are over 40 years old, with some having undergone renovations in the past two decades. Condominiums are also available near Riverside Park. The area is served by Gainesville City Schools, with schools like Enota Multiple Intelligences Academy and Gainesville High School, which is an accredited Blue Ribbon school. Residents are within a short drive to the recently renovated Northeast Georgia Medical Center, City Park, and Downtown Gainesville's commercial district. City Park offers ball fields, tennis and pickleball courts, fitness equipment, picnic pavilions, and public art installations. Riverside Park features paved walkways, playgrounds, and picnic areas, while Longwood Park provides public boat ramps and dock access to Lake Lanier. Local grocery stores include Publix and Green's Grocery, and dining options like Stan's Biscuits and Deli and Avocado's are nearby. The neighborhood is 2 miles from the Northeast Georgia Medical Center and 4 miles from the I-985 exit. While the area experiences a high level of severe storm and tornado activity, local governments maintain emergency preparedness plans. Downtown Gainesville hosts events such as the Gainesville Art Walk, First Friday concert series, and Hot Summer Nights concert series.
Frequently Asked Questions
Is Riverside South a good place to live?
Riverside South is a good place to live. Riverside South is considered car-dependent and somewhat bikeable. Riverside South has 2 parks for recreational activities. It is fairly sparse in population with 3.8 people per acre and a median age of 41. The average household income is $96,938 which is below the national average. College graduates make up 50.3% of residents. A majority of residents in Riverside South are home owners, with 48% of residents renting and 52% of residents owning their home. A
local real estate agent serving Riverside South can help you decide if this neighborhood is the right one for you. Learn more on our
Riverside South neighborhood guide.
How much do you need to make to afford a house in Riverside South?
The median home price in Riverside South is $436,950. If you put a 20% down payment of $87,400 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $2,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $92K a year to afford the median home price in Riverside South. The average household income in Riverside South is $97K.
What are the best public schools in Riverside South?
The best public schools that serve Riverside South are:
What are the best private schools in Riverside South?
The best private schools that serve Riverside South are:
What are the most popular zip codes in Riverside South, Gainesville, GA?
What are the most popular neighborhoods near Riverside South, Gainesville, GA?
Are home prices dropping in Riverside South?
Yes, home prices in Riverside South are down 18% in the last 12 months.
Home Trends in Riverside South, GA
On average, homes in Riverside South, Gainesville sell after 37 days on the market compared to the national average of 52 days. The median sale price for homes in Riverside South, Gainesville over the last 12 months is $410,000, down 28% from the median home sale price over the previous 12 months.
Median Sale Price
$410,000
Median Single Family Sale Price
$570,000
Median 2 Bedroom Sale Price
$200,000
Average Price Per Sq Ft
$221
Number of Homes for Sale
4
Last 12 months Home Sales
20
Median List Price
$436,950
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-28%
