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Housing Market Conditions
Neutral
Market
Seller’s
Market
Buyer’s
Market
Difference Since February 2022
Since last year, Riverside has remained a Seller’s Market.
Key Takeaway
Riverside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Riverside, CA cost?
Median Sold Price
$590,441
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
+$50,441(+9.3%)
Key Takeaway
Homes in Riverside have sold for 9.3% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | FEB 2022 | FEB 2023 | % |
|---|---|---|---|
| 1 Bedroom | $248.5K | $315K |
+26.8%
|
| 2 Bedrooms | $386.3K | $443.7K |
+14.9%
|
| 3 Bedrooms | $510K | $560.2K |
+9.8%
|
| 4 Bedrooms | $600K | $640K |
+6.7%
|
| 5+ Bedrooms | $736K | $800K |
+8.7%
|
Median Sold Price Compared To Nearby Cities
| Colton | $400K | $461.6K |
+15.4%
|
| Riverside | $540K | $590.4K |
+9.3%
|
| Moreno Valley | $480K | $520K |
+8.3%
|
| Jurupa | $697.2K | $744.3K |
+6.8%
|
| Lake Mathews | $713.7K | $760K |
+6.5%
|
How many homes are available in Riverside, CA?
Number of Homes For Sale
| JAN 2023 | FEB 2023 | % |
|---|---|---|
| 546 | 559 | +2.4% |
