Riverside, CA Housing Market
Median List Price
$731,855
Updated August 2026
Today, Riverside has 550 homes for sale at a median list price of $731,855, typically selling in about 48 days.
Riverside Market Analysis
Riverside, CA currently shows a median list price of $731,855. There are 550 homes currently listed for sale in Riverside, CA. 190 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 85.8% 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. Per square foot, the median stands at $380.
Median time from listing to accepted offer is about 16 days. At that pace, well priced homes attract offers quickly, so buyers should be ready to move. Riverside, CA covers eight ZIP codes, among them 92503, 92507, and 92506.
Riverside Rental Market
Riverside, CA currently shows a median asking rent of $3,200. There are 111 homes currently listed for rent in Riverside, CA. Over the last six months, the median rent has risen about 17.9%, from $2,800 in February to $3,300 in July.
Riverside Market Pulse
Topfind Market Read
The picture is mixed here. Supply sits at 3.3 months, roughly in step with demand, yet 42% 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
$732K
↑ 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 Supply550 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
$4,980/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 $203K in value on average.
Largest increase: 3 → 4 bedrooms (+$245K)
Price Reductions
230 listings have reduced their price
42% of active listings
Average reduction: 4.9% (~$36K)
Browse Riverside Listings
Frequently Asked Questions about the Riverside, CA Housing Market
What is the median home price in Riverside, CA?
The median list price in Riverside is $731,855 as of August 2026, based on 550 active listings.
Is Riverside a buyer's market or a seller's market?
Riverside currently reads as a balanced market. Active inventory works out to about 3.3 months of supply at the recent sales pace.
How fast do homes sell in Riverside?
Homes that closed in the last 90 days typically went under contract in about 16 days. The average home currently for sale has been on the market for 48 days.
Are home prices in Riverside going up or down?
The median sale price in Riverside is up about 4.6% compared with a year ago.
How many homes are for sale in Riverside, CA?
There are 550 homes for sale in Riverside right now, including 42 listed within the last week.
What is the median rent in Riverside?
The median asking rent in Riverside is $3,200 per month, across 111 active rental listings.