92507 Home Values & Market Trends

There are 45 homes currently listed for 92507. 92507 real estate market trends show that home prices range from $195,000 to $1,500,000, and the median sales price in the 92507 zip code is $592,626.89. The total number of properties sold within the past twelve months is 396. In 92507, 35 properties are in foreclosure, 0 are bank owned properties,and 6 are headed for auction.

92507 Real Estate Market Overview

CityMedian Est. Value
Riverside

$ 675,000

$ 368/sqft

Housing Market Summary for 92507

Apr 2023March 2024Change
Median Listing Price$620K$583.5K-5.89%
Median Sold Price$590.8K$583.5K-1.24%
Homes For Sale46496.52%
Homes Sold29536222.71%
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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 92507

The median list price of a home in Riverside, is $592,626.89. A total of 45 properties are for sale, and the percentage of properties for sale in the zip code is 45.00%. The total count of 92507 properties is 11,060.

Foreclosure
There is 1 cities within 92507; within this cities, the median estimated home value for homes in foreclosure ranges from $1,617,000 in riverside to the lowest value of $345,000 in riverside. Foreclosure homes account for 0.00% of properties in 92507 with riverside containing 278 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.26% of all residential properties in 92507 with riverside containing 231 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 92507; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,617,000 in riverside to the lowest home value of $345,000 in riverside.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 92507 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 92507. There is 1 cities within 92507; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    riverside has 39 auction properties, the highest number of properties going to auction in a single city in the state of 92507. Auction homes and other auction properties account for 0.05% of all properties in 92507. There is 1 cities within 92507; of that cities, the median estimated home value for homes going to auction ranges from $1,295,000 in riverside to the lowest value of $450,000 in riverside.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.41% of residential properties in 92507 with riverside containing 341 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 92507; homes for sale in that cities, have a range of median values from $2,475,000 in riverside to the lowest value of $150,854 in riverside.
    Sold Homes
    The median value for recently sold homes ranges from $1,999,000 in riverside to the lowest price of $186,516 in riverside. There is 1 cities within 92507. riverside has 2836 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.28% of properties in 92507.

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      Guide for 92507

      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
      Market Trend Report For Bakersfield, California – March 2024
      California
      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      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

      Market Trend Report For Bakersfield, California – March 2024
      California|posted 28 March 2024

      This blog post discusses the dynamic real estate trends in Bakersfield, noting fluctuations in property values, sale prices, and activity levels. It also highlights differences in nearby cities, showcasing diverse market conditions shaped by localized factors and broader economic trends.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

      Recently Listed Homes 92507

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