The Downtown Riverside housing market is very competitive. The median sale price of a home in Downtown Riverside was $555K last month, down 3.7% since last year. The median sale price per square foot in Downtown Riverside is $357, down 2.9% since last year.
What is the housing market like in Downtown Riverside today?
In March 2024, Downtown Riverside home prices were down 3.7% compared to last year, selling for a median price of $555K. On average, homes in Downtown Riverside sell after 21 days on the market compared to 59 days last year. There were 14 homes sold in March this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$555,000
-3.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Riverside, CA
$555,000
-3.7%
United States
To compare other locations to the Downtown Riverside and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Riverside add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Riverside housing market?
Downtown Riverside is very competitive. Homes sell in 30 days.
0
100
73
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 30 days.
Hot homes
can sell for about 4% above list price and go pending in around 13 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Bryant Elementary School
Public • K-6
441
Students
8 reviews
5/10
Longfellow Elementary School
Public • K-6
741
Students
6 reviews
5/10
Fremont Elementary School
Public • K-6
552
Students
7 reviews
5/10
Riverside Virtual
Public • K-12
117
Students
6 reviews
4/10
Patricia Beatty Elementary School
Public • K-6
608
Students
10 reviews
Only showing 5 of
6 elementary schools.
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 Downtown Riverside housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Riverside.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Riverside has a moderate risk of flooding. 201 properties in Downtown Riverside are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Downtown Riverside. Flood risk is increasing slower than the national average.
37% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Riverside has a major risk of wildfire. There are 1,152 properties in Downtown Riverside that have some risk of being affected by wildfire over the next 30 years. This represents 37% of all properties in Downtown Riverside.
Downtown Riverside has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Riverside has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Downtown Riverside has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Riverside have a Severe Heat Factor®.
Downtown Riverside is expected to see a 200% increase in the number of days over 102ºF over the next 30 years. Downtown Riverside is expected to experience 10