How much do homes in Riverside County, CA cost?

Median List Price

$488,998

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$69,811(+16.7%)

Key Takeaway

The list price of homes in Riverside County has increased by 16.7% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $179.5K$202.6K+12.9%
2 $297.5K$339.4K+14.1%
3 $398.3K$460K+15.5%
4 $469.3K$550.2K+17.2%
5+ $549.9K$655.6K+19.2%

Median List Price Compared To Nearby Counties

Riverside County
+16.7%
San Bernardino County
+16.3%
San Diego County
+12.9%
Orange County
+11.9%

How many homes are available in Riverside County, CA?

Number of Homes For Sale

Jul 2021Aug 2021%
9,8609,112-7.6%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 176183+4.0%
2 1,5851,464-7.6%
3 3,6263,293-9.2%
4 3,0612,834-7.4%
5+ 1,4121,338-5.2%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
117 Days63 Days-45.6%

Breakdown of Home Sale Times

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Key Takeaway

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About Riverside County, CA

Riverside County, CA has 9,112 homes on the market. Between July 2021 and August 2021, Riverside County, CA real estate market has seen decrease in the number of listings by 7.6%. In August 2021, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $488,998. This housing market listing prices have changed between July 2021 and August 2021: 1 bedroom properties prices increased by 12.9%, prices of 2 bedrooms properties increased by 14.1%, 3 bedrooms properties prices increased by 15.5%, prices of 4 bedrooms properties increased by 17.2%, prices of 5 bedrooms properties increased by 19.2%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes went up by 4%, the quantity of 2 bedrooms homes went down by 7.6%, the quantity of 3 bedrooms homes went down by 9.2%, volume of 4 bedrooms homes went down by 7.4%, number of 5 bedrooms homes decreased by 5.2%. In August 2021 more than 1835 listings in Riverside County, CA were sold above the asking price. During the same period more than 526 listings were sold at asking price, while more than 498 were sold below.

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