The Riverside housing market is very competitive. Homes in Riverside receive 3 offers on average and sell in around 32 days. The median sale price of a home in Riverside was $635K last month, up 4.0% since last year. The median sale price per square foot in Riverside is $398, up 1.8% since last year.
What is the housing market like in Riverside today?
In August 2024, Riverside home prices were up 4.0% compared to last year, selling for a median price of $635K. On average, homes in Riverside sell after 32 days on the market compared to 28 days last year. There were 182 homes sold in August this year, up from 166 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$635,000
+4.0% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Riverside, CA
$635,000
+4.0%
United States
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How hot is the Riverside housing market?
Riverside is very competitive. Homes sell in 34 days.
0
100
72
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 34 days.
Hot homes
can sell for about 2% above list price and go pending in around 14 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Riverside
Explore recent offers and recently sold homes in Riverside
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Riverside housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Riverside.
Flood Factor - Moderate
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Riverside has a moderate risk of flooding. 7,652 properties in Riverside are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Riverside. Flood risk is increasing slower than the national average.
81% of properties are at risk of wildfire over the next 30 years
Fire Factor
Riverside has a severe risk of wildfire. There are 63,646 properties in Riverside that have some risk of being affected by wildfire over the next 30 years. This represents 81% of all properties in Riverside.