Why Live in Riverside North
Riverside North in Lima features a mix of early-20th century homes, including ranch-style, Dutch Colonial, Foursquare, and bungalows, primarily built between the 1910s and 1930s, with some from the 1940s-1950s. While many homes present investment opportunities due to their need for renovation, others have been updated with new roofs and floors as recently as the early 2020s. Faurot Park, a significant local feature, offers a splash pad, baseball and volleyball facilities, playgrounds, and a skate park. It connects to Collett Street Park, providing additional recreational space. The YMCA on the neighborhood's eastern edge offers swim meets and gymnastics classes, engaging the community in various activities. Retail conveniences, such as Ruler Foods supermarket, are within a few blocks, and downtown Lima, just north of the neighborhood, offers dining options like Old City Prime, known for steak and seafood dinners accompanied by live jazz and blues music, and The Social House, a trendy spot for cocktails and meals al fresco. Riverside North is within a mile of downtown, Kindred Hospital, and the Lima Refinery, with Allen County RTA buses providing additional transportation options. While the local schools, including Heritage Elementary, Lima North Middle School, Lima West Middle School, and Lima Senior High School, receive average ratings, the high school is noted for its robust musical programs, which inspired the hit television series “Glee.” This neighborhood offers a blend of historical charm and modern conveniences, making it a unique area within Lima.
Frequently Asked Questions
Is Riverside North a good place to live?
Riverside North is a good place to live. Riverside North is considered somewhat walkable and very bikeable with some transit options. Riverside North has 8 parks for recreational activities. It has a median age of 36. The average household income is $55,273 which is below the national average. College graduates make up 13.4% of residents. A majority of residents in Riverside North are renters, with 65.5% of residents renting and 34.5% of residents owning their home. A
local real estate agent serving Riverside North can help you decide if this neighborhood is the right one for you. Learn more on our
Riverside North neighborhood guide.
Is Riverside North, OH a safe neighborhood?
Riverside North, OH is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Riverside North?
The median home price in Riverside North is $127,500. If you put a 20% down payment of $25,500 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $660 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $28K a year to afford the median home price in Riverside North. The average household income in Riverside North is $55K.
What are the best public schools in Riverside North?
The best public schools that serve Riverside North are:
What are the best private schools in Riverside North?
The best private schools that serve Riverside North are:
What are the most popular zip codes in Riverside North, Lima, OH?
What are the most popular neighborhoods near Riverside North, Lima, OH?
Are home prices dropping in Riverside North?
Yes, home prices in Riverside North are down 6% in the last 12 months.
Home Trends in Riverside North, OH
On average, homes in Riverside North, Lima sell after 28 days on the market compared to the national average of 50 days. The median sale price for homes in Riverside North, Lima over the last 12 months is $125,000, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$125,000
Median Single Family Sale Price
$110,750
Median Townhouse Sale Price
$275,000
Average Price Per Sq Ft
$67
Number of Homes for Sale
5
Last 12 months Home Sales
26
Median List Price
$127,500
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-8%