Metropolitan market · California · September 2026 data

What is the Riverside, CA real estate market doing?

As of September 2026, the median home listed in Riverside, CA asks $584,984, down 1.7% year over year. Homes spend a median of 64 days on market, with 13,206 active listings and 18% carrying a price cut; pending contracts equal 34% of active listings, and inventory sits at 91% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 4.5%. Figures come from public records and industry data, updated monthly.

Median listing price
$584,984
▼ 1.7% YoY
Median $ / sq ft
$330
1,811 sq ft median
Median days on market
64
September 2026
Active listings
13,206
For sale now
New listings
5,050
September 2026
Listings with price cuts
18%
Share of active
Inventory vs 2019
91%
Same month, 2019 = 100
Pending / active
34%
Contract activity
Median sale price (closed)
$589,000
▲ 1.6% YoY · closed sales · July 2026
Sale-to-list ratio
99.0%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
3,499
Closed sales · July 2026, seasonally adjusted

What is the Riverside, CA housing market doing right now?

The Riverside, CA housing market lists at a $584,984 median as of September 2026, down 1.7% year over year, with a 64-day median market time and 13,206 homes for sale (18% with a price cut). Active inventory is 91% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 4.5%.

Riverside housing market statistics

The table summarizes Riverside's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Riverside.

Riverside, CA housing market at a glance — September 2026
MetricLatestDetail
Median listing price$584,984-1.7% YoY
Median price per sq ft$3301,811 sq ft median
Median days on market64-4% YoY
Active listings13,2060% YoY
New listings this month5,050September 2026
Listings with a price cut18%Share of active
Median sale price (closed)$589,000+1.6% YoY · closed sales, July 2026
Sale-to-list ratio99.0%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio33.5%4,425 pending
Inventory vs 201991%Active listings vs same month in 2019
Gross rental yield4.5%2BR fair market rent

How have home prices changed in Riverside?

Riverside home prices are down 1.7% year over year and -0.8% month over month as of September 2026, at a $584,984 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$600K$596K$592K$589K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Riverside CA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$610K$554K$497K$441K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Riverside CA · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Riverside?

Riverside has 13,206 active listings, 5,050 new this month, 4,425 pending as of September 2026. About 18% of active listings have cut their price, and inventory sits at 91% of its 2019 level — a balanced market by pace.

Active listings
13,206
New this month
5,050
Pending
4,425
Price-reduced
2,325

Is Riverside a good real estate investment?

Riverside scores 54/100 on WealthyBud's composite Investor Score, ranking #363 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
54/100
#363 of 933 covered metros
12-month outlook
+0.3%
Flat · model output, not advice
Price volatility
High
σ 12.1% · 20-yr price-index swings
Momentum
60
Value
33
Rental yield
68
Supply risk
50
Market heat
57

Riverside scores 54/100 on our composite Investor Score (#363 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 44% over five years and +101% over ten, leaving prices 55% above its own 2000–2019 trend; at the published FY2026 fair market rent of $2,201/mo for a two-bedroom, the gross rental yield on the median listing is about 4.5%; active inventory sits at 91% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 1.7% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Riverside ranks on the trending markets index.

How much is a monthly mortgage payment in Riverside?

A home at Riverside's $584,984 median listing runs about $3,202 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$2,891/mo
−$311/mo vs today
At today's rate · 7.28%
$3,202/mo
National weekly average
If rates rise 1% · 8.28%
$3,526/mo
+$324/mo vs today

Principal & interest on the $584,984 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Riverside?

To buy Riverside’s $584,984 median listing with 20% down, a household needs about $153,000 a year in gross income, keeping principal, interest and property tax ($3,577/mo) at 28% of income. That is 1.8× the area’s $86,031 median household income, so a typical Riverside household cannot afford the median listing on these terms.

Income needed to buy the median home in Riverside, CA — September 2026
ItemAmountBasis
Median listing price$584,984September 2026
Down payment (20%)$116,997Assumption
Principal & interest (7.28%, 30-yr fixed)$3,202/moRate as of 2026-10-01
Property tax (0.77% effective rate)$375/moCensus ACS
Income needed (28% rule)$153,000Gross household income / yr
Median household income$86,031Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Riverside housing market?

Longer-run demand in Riverside shows up in 15,817 homes permitted in 2025; net migration of +3,956 residents; +0.7% job growth. Natural-hazard risk rates Very High. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
15,817
▲ 7.9% vs 2024
3.4 per 1,000 residents
Net migration (2022–2023)
+3,956
▲ people, via tax-return records
net income flow +$85.1M/yr
Job growth (YoY)
+0.7%
▲ 1,712.2k nonfarm jobs · August 2026
Natural-hazard risk
Very High
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Riverside housing market FAQ

What is the median home price in Riverside?
As of September 2026, the median listing price in Riverside, CA is $584,984, down 1.7% year over year (source: public records and industry data). Figures cover the Riverside-San Bernardino-Ontario, CA metro area.
How much does it cost to buy a home in Riverside?
The median home listed in Riverside asks $584,984 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $3,202 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Riverside?
The median property in Riverside spends 64 days on the market, with 13,206 homes actively listed and 18% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Riverside?
With a median 64 days on market and 18% of active listings carrying a price cut, pending contracts at 34% of active listings, Riverside reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Riverside a good place to invest in real estate?
Riverside scores 54/100 on WealthyBud's Investor Score, ranking #363 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Riverside?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Riverside and the wider California market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Riverside-San Bernardino-Ontario, CA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More California housing markets

Samuel Okonkwo Property Investment Analyst

Samuel Okonkwo is a property investment analyst who covers cap rates, cash-flow modeling and rental-property ROI for single-family and small multifamily investors. He builds his models from public rent and price data to help readers compare markets objectively.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.