The housing in 92504 Riverside, CA is in high demand due to its median value of $542,400. This is significantly higher than the US House Median Value of $338,100, and it has experienced a 1 year House Appreciation rate of 9.15%. This is higher than the US average of 8.27%, making this area an attractive and growing option for potential homebuyers. With its high value and appreciation rate, 92504 Riverside, CA is a great place to invest in housing.
The median home cost in Riverside (zip 92504) is $542,400. Home appreciation the last 10 years has been 193.0%. Home Appreciation in Riverside (zip 92504) is up 17.4%.
Average Age of Homes
- The median age of Riverside (zip 92504) real estate is 46 years old
The Rental Market in Riverside (zip 92504)
- Renters make up 37.6% of the Riverside (zip 92504) population
- 1.3% of houses and apartments in Riverside (zip 92504), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.