92506 Housing Market
Median List Price
$850,000
Updated August 2026
Today, the 92506 ZIP code in Riverside, CA has 97 homes for sale at a median list price of $850,000, typically selling in about 42 days.
92506 Housing Market Overview
The median list price in the 92506 ZIP code is $850,000. Compared with Riverside overall, that is a 16.4% premium. Current inventory stands at 97 active listings.
Expect a median around $289,999 for one bedroom homes and $3.8M at the six bedroom end. February to July saw the median price go from $705,000 to $725,000, up about 2.8%.
92506 Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.7 months of supply, yet 45% of sellers have trimmed their asking price, and sale prices have eased 5% 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
$850K
↑ 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
2.7 months of supply
Tight Supply97 active listings against the current sales pace works out to about 2.7 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 ~42 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 36% faster than six months ago.
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 92506 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 $252K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$387K)
Price Reductions
44 listings have reduced their price
45% of active listings
Average reduction: 5.5% (~$47K)
Browse 92506 Listings
Frequently Asked Questions about the 92506 Housing Market
What is the median home price in the 92506 ZIP code?
The median list price in the 92506 ZIP code is $850,000 as of August 2026, based on 97 active listings.
Is the 92506 ZIP code a buyer's market or a seller's market?
The 92506 ZIP code currently reads as a balanced market. Active inventory works out to about 2.7 months of supply at the recent sales pace.
How fast do homes sell in the 92506 ZIP code?
The average home currently for sale in the 92506 ZIP code has been on the market for 42 days.
Are home prices in the 92506 ZIP code going up or down?
The median sale price in the 92506 ZIP code is up about 1.4% compared with a year ago.
How many homes are for sale in the 92506 ZIP code?
There are 97 homes for sale in the 92506 ZIP code right now, including 8 listed within the last week.