Riverside - CA housing market
The Riverside metro has a typical home value of $586,047, down 0.6% from a year ago. Homes sell in 26 days on average, a balanced market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($586,047) is the Zillow Home Value Index for the Riverside - CA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 0.6% over the past year. A home worth $589,585 last year is now worth roughly $586,047.
The median sale price , what homes actually close for , is $571,723. Homes are selling at 99.0% of list price, meaning buyers have room to negotiate.
Homes listed in Riverside - CA sit on the market for roughly 26 days before going pending. Shorter = seller's market; longer = buyer's market.
About 22.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 4,622 new listings hit the market each month in Riverside - CA. There are currently 16,882 homes for sale, down 6.0% from a year ago.
The typical monthly rent in Riverside - CA is $2,539, up 2.3% year over year. For investors, the price-to-rent ratio here is roughly 19x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in CA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Los Angeles - CA | $968,028 | +0.6% | 21.0d |
| San Francisco - CA | $1,142,320 | +0.1% | 15.0d |
| San Diego - CA | $940,998 | -0.6% | 17.0d |
| Sacramento - CA | $584,122 | -1.3% | 14.0d |
| San Jose - CA | $1,583,961 | -0.9% | 16.0d |
| Fresno - CA | $411,441 | +0.9% | 19.0d |