Why Live in Riverside
Riverside, a neighborhood in New London, Connecticut, is characterized by its scenic views of the Thames River and a peaceful suburban atmosphere. The area is known for its charming 20th-century colonial homes, some featuring Dutch-inspired gambrel roofs and Victorian styles, set on small lots averaging around 5,000 square feet. Riverside Park, an 18-acre wooded space, offers recreational activities such as picnicking, swimming, and basketball, along with the annual Yale-Harvard Regatta. The neighborhood's proximity to Interstate 95 makes it convenient for travel, with New York City and Boston reachable within two hours. Riverside is less than a mile from Downtown New London, though the Gold Star Bridge provides a sense of separation, contributing to the area's tranquility. Local amenities include the Hodges Square Shopping Center, home to eateries like Rico Chow and DJ’s Campus Kitchen, and Mr. G’s restaurant, known for its New London-style pizza. The Williams School, a highly rated private institution, serves students in grades six through twelve. Riverside residents also benefit from nearby Connecticut College and the Coast Guard Academy. The neighborhood is safer than the national average, offering a low crime risk. For those seeking cultural and historic experiences, Downtown New London features attractions such as the Custom House Maritime Museum and the annual Sailfest event.
Home Trends in Riverside, CT
On average, homes in Riverside, New London sell after 49 days on the market compared to the national average of 52 days. The median sale price for homes in Riverside, New London over the last 12 months is $263,500, down 16% from the median home sale price over the previous 12 months.
Median Sale Price
$263,500
Median Single Family Sale Price
$267,000
Average Price Per Sq Ft
$223
Number of Homes for Sale
1
Last 12 months Home Sales
4
Median List Price
$260,000
Median Change From 1st List Price
-3%
Median Home Sale Price YoY Change
-16%