Riverside County

Riverside County, CA Home Values & Market Trends

The median home price in Riverside County, CA is $594,808.02. There were 36,047 home sales in Riverside County, CA over the past 12 months. The median residential Riverside County, CA home value for transactions over the previous year is $552,912.565. The number of current listings in Riverside County, CA is 4,319, and the percentage of properties for sale is 70.48%. The county has 1,809 foreclosures, 130 bank owned properties, 344 headed for auction, and 4,319 properties for sale.

Riverside County, CA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Palm Desert

$ 627,400

$ 352/sqft

Cathedral City

$ 539,150

$ 308/sqft

Hemet

$ 416,900

$ 265/sqft

Temecula

$ 804,500

$ 329/sqft

Palm Springs

$ 767,316

$ 443/sqft

Desert Hot Springs

$ 407,850

$ 237/sqft

Riverside

$ 633,650

$ 361/sqft

Moreno Valley

$ 541,250

$ 302/sqft

Indio

$ 573,400

$ 304/sqft

Lake Elsinore

$ 600,400

$ 286/sqft

La Quinta

$ 752,350

$ 373/sqft

Perris

$ 558,500

$ 265/sqft

Murrieta

$ 676,800

$ 308/sqft

Beaumont

$ 533,450

$ 249/sqft

Menifee

$ 534,500

$ 280/sqft

San Jacinto

$ 448,400

$ 250/sqft

Corona

$ 752,650

$ 362/sqft

Banning

$ 380,000

$ 274/sqft

Rancho Mirage

$ 810,400

$ 368/sqft

Aguanga

$ 577,500

$ 210/sqft

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Housing Market Summary for Riverside County, CA

Aug 2022August 2023Change
Median Listing Price$588K$596.3K1.41%
Median Sold Price$591K$596.3K0.89%
Homes For Sale5,7674,296-25.51%
Homes Sold35,96128,296-21.31%
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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 Riverside County, CA

Riverside County, CA home values range from $20,000 to $35,728,000. Indian Wells is the priciest city with a median listing home price of $899,499.5, and Aguanga is most affordable with average house prices of around $135,000.

Foreclosure
There are 50 cities within Riverside County, CA; within these cities, the median estimated home value for homes in foreclosure ranges from $4,295,700 in Blythe to the lowest value of $56,144 in Blythe. Foreclosure homes account for 0.00% of properties in Riverside County, CA with Riverside containing 215 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.18% of all residential properties in Riverside County, CA with Riverside containing 163 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 50 cities within Riverside County, CA; of those cities, the estimated home value for pre-foreclosure homes ranges from $4,295,700 in Temecula to the lowest home value of $162,250 in Blythe.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Riverside County, CA ranges from the highest value of $1,536,000 in Temecula to the lowest value of $56,144 in Blythe. Bank owned homes and properties account for 0.02% of properties in Riverside County, CA. There are 50 cities within Riverside County, CA; Riverside containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Riverside has 42 auction properties, the highest number of properties going to auction in a single city in the state of Riverside County, CA. Auction homes and other auction properties account for 0.05% of all properties in Riverside County, CA. There are 50 cities within Riverside County, CA; of those cities, the median estimated home value for homes going to auction ranges from $1,957,041 in La Quinta to the lowest value of $187,000 in La Quinta.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.60% of residential properties in Riverside County, CA with Palm Desert containing 372 homes for sale, the highest number of listed properties in a single city. There are 50 cities within Riverside County, CA; homes for sale in those cities, have a range of median values from $23,891,000 in La Quinta to the lowest value of $100,200 in Thermal.
    Sold Homes
    The median value for recently sold homes ranges from $35,728,000 in Indian Wells to the lowest price of $45,000 in Indian Wells. There are 50 cities within Riverside County, CA. Riverside has 3332 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.90% of properties in Riverside County, CA.

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