Riverside: Neighborhood Briefing

Buyer-Leaning Market · 48/100as of June 21, 2026

Here is where the Riverside market stands this month, with the latest verified development news and the Momentum score, all in one place.

Market snapshot

Riverside is currently a buyer-leaning market, with a median sold price around $342K. Right now homes are taking about 62 days to sell, and there is roughly 5.5 months of supply. Prices are down about 6% over the past year, though values remain up about 234% since 2012. Listings are currently asking about 4% more per square foot than recent sales have closed at, which can leave room to negotiate.

Source: realMLS listing and sales data, as of June 21, 2026.

Development Momentum

Riverside has a Development Momentum score of 67 out of 100 (Active), based on 9 verified development items in the last 12 months. It measures the velocity of approved, funded, and opening projects nearby, and is distinct from market price. How this is scored.

What is happening near Riverside

• June 1, 2026Norikawa waterfront restaurant in permit review at One Riverside. The city is reviewing a build out permit for Norikawa, a Japanese restaurant from Pearl Hospitality Group planned at the One Riverside development on Riverside Avenue. The space overlooks the riverwalk near the restored mouth of McCoys Creek and the Emerald Trail entrance at the Riverside edge of downtown. Jacksonville Daily Record
• February 4, 2026Kava bar building out on King Street. A tenant build out permit was issued for Riverside Kava Bar LLC at 1269 King Street, covering about 1,200 square feet at a listed cost of roughly $51,200. The project adds another beverage concept to the King Street commercial corridor. Jacksonville Daily Record
• December 12, 202590 foot mural unveiled at the Riverside Arts Market site. A 90 foot mural titled Abundant Waters by Jacksonville artist Patrick Maxcy was unveiled December 12 on the JEA pump station beneath the Fuller Warren Bridge, home of the Riverside Arts Market. The privately funded commission, organized by Riverside Avondale Preservation with JEA and supported by the Environmental Protection Board, PNC Foundation, and Haskell, depicts St. Johns River wildlife above and below the waterline. News4Jax
• October 28, 2025City Council approves Five Points business improvement district. Jacksonville City Council approved Ordinance 2025-0539 creating a business improvement district covering all or part of 21 blocks in Five Points. Commercial property owners will pay an assessment beginning in 2026, based on building and parking square footage, to fund landscaping, district upkeep, and promotion. Jacksonville Daily Record
• October 22, 2025Memorial Park advances resilient waterfront redesign near centennial. City officials are moving forward with a redesigned waterfront plan for Memorial Park, the 1924 riverfront park listed on the National Register of Historic Places. The approach aims to balance preservation of the park's historic character with upgraded storm protection along its St. Johns River edge. News4Jax

See the full Northeast Florida roundup →

Market figures are computed from current realMLS listing and sales data and update as the market moves. Development items are verified, dated, and source-linked. This briefing is general information, not financial or investment advice. Every home and situation is different, so talk to a licensed agent about yours.