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
| City | Median Est. Value | City | Median 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 |
Housing Market Summary for Riverside County, CA
| Aug 2022 | August 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $588K | $596.3K | 1.41% |
| Median Sold Price | $591K | $596.3K | 0.89% |
| Homes For Sale | 5,767 | 4,296 | -25.51% |
| Homes Sold | 35,961 | 28,296 | -21.31% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Riverside County, CA
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- AuctionsRiverside 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.
