92503 Home Values & Market Trends

There are 56 homes currently listed for 92503. 92503 real estate market trends show that home prices range from $79,000 to $1,350,000, and the median sales price in the 92503 zip code is $606,336.5. The total number of properties sold within the past twelve months is 579. In 92503, 27 properties are in foreclosure, 1 are bank owned properties,and 11 are headed for auction.

92503 Real Estate Market Overview

CityMedian Est. Value
Riverside

$ 647,900

$ 369/sqft

Housing Market Summary for 92503

Mar 2023February 2024Change
Median Listing Price$655K$613.8K-6.30%
Median Sold Price$585K$613.8K4.91%
Homes For Sale7555-26.67%
Homes Sold659580-11.99%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 92503

The median list price of a home in Riverside, is $606,336.5. A total of 56 properties are for sale, and the percentage of properties for sale in the zip code is 56.00%. The total count of 92503 properties is 20,687.

Foreclosure
There is 1 cities within 92503; within this cities, the median estimated home value for homes in foreclosure ranges from $1,366,000 in riverside to the lowest value of $381,400 in riverside. Foreclosure homes account for 0.00% of properties in 92503 with riverside containing 109 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.07% of all residential properties in 92503 with riverside containing 59 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 92503; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,211,000 in riverside to the lowest home value of $381,400 in riverside.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 92503 ranges from the highest value of $958,500 in riverside to the lowest value of $452,750 in riverside. Bank owned homes and properties account for 0.00% of properties in 92503. There is 1 cities within 92503; riverside containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    riverside has 40 auction properties, the highest number of properties going to auction in a single city in the state of 92503. Auction homes and other auction properties account for 0.05% of all properties in 92503. There is 1 cities within 92503; of that cities, the median estimated home value for homes going to auction ranges from $1,366,000 in riverside to the lowest value of $440,800 in riverside.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.27% of residential properties in 92503 with riverside containing 314 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 92503; homes for sale in that cities, have a range of median values from $1,999,000 in riverside to the lowest value of $350,000 in riverside.
    Sold Homes
    The median value for recently sold homes ranges from $2,717,280 in riverside to the lowest price of $145,689 in riverside. There is 1 cities within 92503. riverside has 2922 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.77% of properties in 92503.

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      Guide for 92503

      RealtyTrac Market Report
      California
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California
      Riverside Property Values Soar in 2023 Amid Fierce Housing Market Trends
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California
      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      See More Articles
      RealtyTrac Market Report
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California|posted 8 December 2023

      In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.

      Riverside Property Values Soar in 2023 Amid Fierce Housing Market Trends
      California|posted 15 February 2024

      In 2023, house prices saw a steady increase, ending the year at avg 625k

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California|posted 1 March 2024

      Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.