Riverside, CA

Balanced market-1.5% YoY

Housing market overview · Updated weekly

$640,000median sale price

Homes sold

135

Last 12 weeks

Days on market

63

Average pace

Active listings

348

2.6 months supply

Sale-to-list

99.5%

Below asking

The Riverside housing market is currently classified as a balanced market with a median sale price of $640,000. Prices have fallen 1.5% compared to last year, with homes spending an average of 63 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Riverside?

The median home sale price in Riverside is $640,000, down 1.5% from last year.

How long do homes stay on market in Riverside?

Homes typically spend 63 days on market before going under contract.

Is Riverside a buyer's or seller's market?

With 2.6 months of supply, Riverside is currently a balanced market.

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