547 homes in Riverside
Homes for Sale in Riverside, CA
$374,999
FOR SALE3535 Banbury Dr 65, Riverside, CA 92505
2 beds · 2 baths · 915 sqft
$649,900
FOR SALE9209 Agave Place, Riverside, CA 92503
3 beds · 2 baths · 1,652 sqft
About Riverside, CA Real Estate
Riverside is a city in and the county seat of Riverside County, California, United States. It is named for its location beside the Santa Ana River in Southern California. It is the most populous city in the Inland Empire and Riverside County, 12th-most populous city in California, and 62nd-most populous city in the U.S. with a population of 314,998 at the 2020 census. The Riverside–San Bernardino metropolitan area at 4.74 million residents is the 12th-largest metropolitan area in the nation. Riverside is about 50 miles (80 km) east of downtown Los Angeles and is also part of the Greater Los Angeles area.
Riverside is the largest city in the Inland Empire and home to UC Riverside. Founded in 1870 with rich citrus heritage, featuring the beautiful Mission Inn landmark and diverse neighborhoods.
Today, Riverside has 547 homes for sale at a median price of $729,000, typically selling in about 48 days. Families here choose from 12 schools rated 8 or higher on the Topfind School Score.
Riverside Market Analysis
Riverside currently shows a median list price of $729,000. There are 547 homes currently listed for sale in Riverside. 186 new listings came on the market in the last 30 days.
One bedroom homes are the most affordable tier at a median of $295,000, while seven bedroom homes top the range at $1.3M. The housing stock skews toward single family homes, at about 85.4% of active listings. Over the last six months, the median price has risen about 7.7%, from $650,000 in February to $700,000 in July. Median pricing works out to $380 per square foot.
Median time from listing to accepted offer is about 16 days. Homes move quickly at that pace, which favors sellers and rewards buyers who come prepared. Among nearby schools, Riverside STEM Academy stands out with a Topfind School Score of 10. Riverside covers eight ZIP codes, among them 92507, 92503, and 92506.
Top Rated Schools in Riverside
Powered by the Topfind School Score
- 10Riverside STEM Academyelementary-high combination
- 9Benjamin Franklin Elementaryelementary
- 9Lake Hills Elementaryelementary
- 8Amelia Earhart Middleintermediate/middle/junior high
- 8Frank Augustus Miller Middleintermediate/middle/junior high
- 8John F. Kennedy Elementaryelementary
Why Live in Riverside?
- Home to UC Riverside
- Historic Mission Inn and downtown
- More affordable than coastal counties
- Easy access to mountains, desert, and beaches
Popular Neighborhoods in Riverside
Riverside Market Pulse
Topfind Market Read
The picture is mixed here. Supply sits at 3.3 months, roughly in step with demand, yet 41% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$729K
↑ 5% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.3 months of supply
Balanced Supply547 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~48 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 29% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 53% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Riverside
Homeownership is near the state average, with a balanced mix of owners and renters.
56%
Homeowners
44%
Renters
Homeownership is 0.5 points higher than the California average (55.5%)
92,368 households (2023)
Affordability Snapshot
Typical home cost
$4,961/mo
Actual housing expense
Affordable budget (28%)
$2,067/mo
Based on median income
Median household income
$7,381/mo
Riverside
A typical home costs about 67% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$213K/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $201K in value on average.
Largest increase: 3 → 4 bedrooms (+$248K)
Price Reductions
227 listings have reduced their price
41% of active listings
Average reduction: 4.9% (~$36K)
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Frequently Asked Questions about Homes for Sale in Riverside, CA
How many homes are for sale in Riverside, CA?
There are currently 547 homes for sale in Riverside, ranging from $374,999 to $2,889,000. 40 of them hit the market within the last week.
What is the median home price in Riverside?
The median list price in Riverside is $729,000. Price per square foot averages $402. Prices are up 4.6% compared to a year ago.
How fast do homes sell in Riverside?
Homes in Riverside currently average 48 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
Is Riverside a buyer's or seller's market right now?
Current conditions point to a balanced market. 227 active listings have reduced their asking price, which signals where sellers are willing to negotiate.
How are the schools in Riverside?
Riverside has 12 schools rated 8 or higher on the Topfind School Score, which grades every California school on academics, growth, and environment.