75 homes in near Gateway
Homes for Sale near Gateway
Riverside, CA
$1,046,000
FOR SALE2740 Rockwood Drive, Riverside, CA 92503
4 beds · 3 baths · 3,100 sqft
$2,100,000
FOR SALE3563 Pedley Avenue, Norco, CA 92860
3 beds · 3 baths · 1,978 sqft
About Homes near Gateway
About Riverside: Gateway is located in Riverside. 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.
These are homes for sale within about 2 miles of Gateway in Riverside. The area around the school has 80 active listings.
Gateway Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.1 months of supply, yet 44% of sellers have trimmed their asking price, and the typical home takes about 55 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$780K
↑ 3% 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
2.1 months of supply
Tight Supply80 active listings against the current sales pace works out to about 2.1 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 ~55 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 32% 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 54% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Gateway 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 $200K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$284K)
Price Reductions
35 listings have reduced their price
44% of active listings
Average reduction: 4.6% (~$36K)
Gateway Area Market Overview
Gateway is part of the Alvord Unified district. Homes here sit near the school. An attendance boundary is not mapped for this campus, so check enrollment eligibility with the district. The Gateway area currently shows a median list price of $779,944. Compared with Riverside overall, that is a 6.6% premium. There are 80 homes currently listed for sale in the Gateway area. Over the last six months, the median price has risen about 9.5%, from $630,000 in February to $690,000 in July.
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Nearby Schools
Frequently Asked Questions about Homes near Gateway
How many homes are for sale in Gateway Area, CA?
There are currently 80 homes for sale in Gateway Area, ranging from $300,000 to $2,100,000. 7 of them hit the market within the last week.
What is the median home price in Gateway Area?
The median list price in Gateway Area is $779,944. Price per square foot averages $394. Prices are up 2.7% compared to a year ago.
How fast do homes sell in Gateway Area?
Homes in Gateway Area currently average 55 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.