The area of 92507 Riverside, CA has a median housing value of $532,000 which is higher than the US average house median value of $338,100. In addition, the 1 year appreciation rate for houses in 92507 Riverside, CA is 9.15% which is higher than the US average of 8.27%. This shows that the housing market in this area is particularly robust and that your investment in buying or renting here will likely yield a significant return on your investment.
The median home cost in Riverside (zip 92507) is $532,000. Home appreciation the last 10 years has been 193.0%. Home Appreciation in Riverside (zip 92507) is up 17.4%.
Average Age of Homes
- The median age of Riverside (zip 92507) real estate is 40 years old
The Rental Market in Riverside (zip 92507)
- Renters make up 56.1% of the Riverside (zip 92507) population
- 4.4% of houses and apartments in Riverside (zip 92507), 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.