92503 Housing Market
Median List Price
$679,500
Updated August 2026
Today, the 92503 ZIP code in Riverside, CA has 122 homes for sale at a median list price of $679,500, typically selling in about 47 days.
92503 Housing Market Overview
Buyers in the 92503 ZIP code are looking at a median list price of $679,500. That runs roughly 6.9% lower than Riverside as a whole. Since February, the median price has moved up about 8.6% to $665,000 as of July. The 92503 ZIP code has 122 active listings on the market right now. Pricing spreads from a $284,888 median for one bedroom homes to $1.3M for six bedroom homes.
92503 Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 3.0 months of supply, yet 37% of sellers have trimmed their asking price, and sale prices have eased 4% over the last six months, though they remain 1% above a year ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$680K
↑ 1% 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
3.0 months of supply
Tight Supply122 active listings against the current sales pace works out to about 3.0 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~47 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 25% 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 57% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 92503 Area
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)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $174K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 1 → 2 bedrooms (+$238K)
Price Reductions
45 listings have reduced their price
37% of active listings
Average reduction: 4.5% (~$31K)
Browse 92503 Listings
Frequently Asked Questions about the 92503 Housing Market
What is the median home price in the 92503 ZIP code?
The median list price in the 92503 ZIP code is $679,500 as of August 2026, based on 122 active listings.
Is the 92503 ZIP code a buyer's market or a seller's market?
The 92503 ZIP code currently reads as a balanced market. Active inventory works out to about 3.0 months of supply at the recent sales pace.
How fast do homes sell in the 92503 ZIP code?
The average home currently for sale in the 92503 ZIP code has been on the market for 47 days.
Are home prices in the 92503 ZIP code going up or down?
The median sale price in the 92503 ZIP code is up about 1.1% compared with a year ago.
How many homes are for sale in the 92503 ZIP code?
There are 122 homes for sale in the 92503 ZIP code right now, including 11 listed within the last week.