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Featured local agent — Riverside, CA
Sarah Mitchell
Compass Real Estate · Riverside, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Riverside, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$677,500median sale price
How is the Riverside, CA housing market right now?
The median home sale price in Riverside, CA is $677,500, up 4.2% year-over-year. Homes sell in an average of 31 days with 421 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Riverside a buyer's or seller's market?
Riverside, CA is currently a seller's market, based on 2.8 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
152
Last 12 weeks
Days on market
31
Average pace
Active listings
421
2.8 months supply
Sale-to-list
100.0%
Above asking
What does the Riverside housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $677,500 |
| Median list price | $675,000 |
| Year-over-year price change | +4.2% |
| Average days on market | 31 days |
| Active inventory | 421 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $395/sq ft |
| Homes sold (latest month) | 152 |
| New listings (latest month) | 210 |
| Listings with a price cut | 26.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Riverside by property type?
How the Riverside, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $685,000 | $404/sq ft | 135 | 30 days |
| Condo / Co-op | $370,500 | $345/sq ft | 12 | 66 days |
| Townhouse | $530,000 | $364/sq ft | 1 | 62 days |
Source: Redfin · Updated monthly
The Riverside housing market is currently classified as a seller's market with a median sale price of $677,500. Prices have risen 4.2% compared to last year, with homes spending an average of 31 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Riverside
There are currently 421 homes listed for sale in Riverside, California. The median listing price is $675K.
Active listings
421
Homes on market
Median list price
$675K
Avg. days on market
31
Days until sale
New this week
210
Newly listed
Who lives in Riverside?
Population
316,241
Median income
$88,575/yr
Median age
33.1 years
Owner-occupied
56.3%
College grads
25.7%
Avg commute
31.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Riverside?
Zillow home value
$648,392
Zillow rent index
$2,381/mo
Price-to-rent ratio
22.7x
Price-to-income
7.3x
Source: Zillow Research
What is it like to live in Riverside?
Riverside is a community of approximately 316K residents with a median age of 33.1 years.The median household income is $88,575, which reflects a relatively affluent area with strong earning potential. 25.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 56.3%, showing a blend of owner and renter-occupied properties. The average commute time is 31.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Riverside offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Riverside?
50 schools tracked · 48,179 students
The largest public schools serving Riverside, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Martin Luther King Jr. High
Grades 9-12 · 2,813 students
Polytechnic High
Grades 9-12 · 2,633 students
Ramona High
Grades 9-12 · 2,190 students
John W. North High
Grades 9-12 · 2,089 students
Arlington High
Grades 9-12 · 1,967 students
Norte Vista High
Grades 9-12 · 1,905 students
Hillcrest High
Grades 9-12 · 1,782 students
La Sierra High
Grades 9-12 · 1,461 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Riverside, CA?
Want a head-to-head view? Compare Riverside side-by-side with any other U.S. city using our market-comparison tool.
Is Riverside a good real estate investment market?
For investors evaluating Riverside, the price-to-rent ratio of 22.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 4.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Riverside's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Riverside's median home price.
Frequently asked questions
What is the average home price in Riverside?
The median home sale price in Riverside is $677,500, up 4.2% from last year.
How long do homes stay on market in Riverside?
Homes typically spend 31 days on market before going under contract.
What is the median income in Riverside?
The median household income is $88,575 per year.
Is Riverside a buyer's or seller's market?
With 2.8 months of supply, Riverside is currently a seller's market.
What is the Zillow home value estimate for Riverside?
The Zillow Home Value Index (ZHVI) for Riverside is $648,392, representing the typical home value in the area.
What is the median condo price in Riverside?
The median condo/co-op sale price in Riverside, CA is $370,500, compared to $685,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Riverside?
The median single-family home price in Riverside, CA is $685,000 (about $404 per square foot).
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