The housing in 92508 Riverside, CA is extremely expensive compared to the US median, with a median value of $710,100. While the US House Median Value is $338,100 at 8.27% appreciation rate for the past year, house appreciation in 92508 Riverside, CA was even better than the national average at 9.15%. This indicates that there is significant demand for housing in this area and that values are likely to continue to rise into the future.
The median home cost in Riverside (zip 92508) is $710,100. Home appreciation the last 10 years has been 193.0%. Home Appreciation in Riverside (zip 92508) is up 17.4%.
Average Age of Homes
- The median age of Riverside (zip 92508) real estate is 19 years old
The Rental Market in Riverside (zip 92508)
- Renters make up 18.7% of the Riverside (zip 92508) population
- 1.1% of houses and apartments in Riverside (zip 92508), 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.