92508 Housing Market
Median List Price
$862,500
Updated August 2026
Today, the 92508 ZIP code in Riverside, CA has 68 homes for sale at a median list price of $862,500, typically selling in about 44 days.
92508 Housing Market Overview
The 92508 ZIP code currently shows a median list price of $862,500. That is about 18.2% above the Riverside median. There are 68 homes currently listed for sale in the 92508 ZIP code.
Three bedroom homes are the most affordable tier at a median of $719,900, while six bedroom homes top the range at $1.1M. Over the last six months, the median price has eased about 9.8%, from $831,250 in February to $750,000 in July.
92508 Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.6 months of supply, yet 43% 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
$863K
↓ 2% 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
2.6 months of supply
Tight Supply68 active listings against the current sales pace works out to about 2.6 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 ~44 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 49% 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 50% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 92508 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
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $114K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 5 → 6 bedrooms (+$224K)
Price Reductions
29 listings have reduced their price
43% of active listings
Average reduction: 4.4% (~$38K)
Browse 92508 Listings
Frequently Asked Questions about the 92508 Housing Market
What is the median home price in the 92508 ZIP code?
The median list price in the 92508 ZIP code is $862,500 as of August 2026, based on 68 active listings.
Is the 92508 ZIP code a buyer's market or a seller's market?
The 92508 ZIP code currently reads as a balanced market. Active inventory works out to about 2.6 months of supply at the recent sales pace.
How fast do homes sell in the 92508 ZIP code?
The average home currently for sale in the 92508 ZIP code has been on the market for 44 days.
Are home prices in the 92508 ZIP code going up or down?
The median sale price in the 92508 ZIP code is down about 1.9% compared with a year ago.
How many homes are for sale in the 92508 ZIP code?
There are 68 homes for sale in the 92508 ZIP code right now, including 7 listed within the last week.