Riverside County Housing Market
Riverside County is a seller's market that is holding steady.
The median asking price in Riverside County is $630,937, 2.2% lower than a year ago. There are 7,023 homes on the market, 4.1% fewer than last year, and they are taking 62 days to go under contract, 3 days faster than a year ago. Roughly 1 in 6 sellers has cut their asking price. Buyers have somewhat more leverage than is normal for this market.
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Riverside County housing market: quick answers
Is it a buyer's or a seller's market in Riverside County right now?
On supply it is a seller's market, with 2.5 months of homes for sale as of August 2026. Under about three months usually favors sellers. Measured against this county's own last ten years, buyers have more room to negotiate than in most of the past decade (a buyer leverage reading of 67 out of 100).
What is the median home price in Riverside County?
The median asking price in Riverside County is $630,937, 2.2% lower than a year ago. Asking prices are down 2.2% year over year. Price per square foot is moving in step with the median, so this is a real move in value rather than a change in what is listed. The 12 month trend line is falling about $106 per month, which agrees with the year over year direction.
How long does it take to sell a home in Riverside County?
The typical home goes under contract in 62 days, 3 days faster than a year ago. 17.9% of active listings have taken a price cut, lower than a year ago. Homes are closing at 98.9% of asking price, so there is room to negotiate.
How much income do you need to buy a home in Riverside County?
On the typical home value of $604,305 with 20% down, a 30 year fixed loan at the 6.95% Freddie Mac weekly average (September 17, 2026) comes to about $4,056 a month including property tax and insurance. At the common 28% guideline that takes roughly $173,829 of household income. This is an illustration, not a loan offer. Your rate and payment depend on your lender, your credit and your down payment.
When is the best month to sell a home in Riverside County?
Over the last 11 years, May has been the strongest month to list in this market, with asking prices running about 3.8% above the annual average. January is typically the slowest month, which is when buyers get the most patience out of a seller.
Which parts of Riverside County are moving fastest?
Moreno Valley is moving fastest right now at 17 days on market. Palm Springs is the slowest at 76 days, which is where buyers will find the most patience. This table covers 69 ZIP codes with enough listing volume to report. 92553 in Moreno Valley is the tightest, with homes going under contract in 31 days. 92225 in Blythe carries the lowest median asking price at $239,900.