Riverside County, California Housing Market
In Riverside County, California, the median home value is $557,300, with a median monthly rent of $1,901. This places Riverside County at #97 nationally out of 3134 counties by median home value, and #24 within California.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,089
- Establishments: 88,164
- BLS QCEW, 2025
Housing Supply
- Single-family: 6,399
- Multi-family: 3,298
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 953,505 (avg $76,443)
- Outflow: 939,075 (avg $76,032)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Riverside County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 92587 | 346.4 | -13.49% | 2025 |
| 2 | 92270 | 324.6 | -5.40% | 2025 |
| 3 | 92241 | 550.7 | -4.07% | 2025 |
| 4 | 92276 | 412.5 | -6.72% | 2025 |
| 5 | 92264 | 443.6 | -7.41% | 2025 |
| 6 | 92555 | 338.9 | -6.92% | 2025 |
| 7 | 92860 | 382.7 | +3.70% | 2025 |
| 8 | 92532 | 290.9 | -5.17% | 2025 |
| 9 | 92320 | 358.3 | -2.35% | 2025 |
| 10 | 92543 | 430.5 | +2.61% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Riverside County Compares
| Metric | Riverside County | California Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $557,300 | $609,221 | $227,706 |
| Median Gross Rent | $1,901 | $1,690 | $968 |
| Owner Occupancy Rate | 69.1% | 63.4% | 73.3% |
| Price/Rent Ratio | 24.4 | 28.5 | 18.7 |
Market Analysis
The median home value in Riverside County is 8.5% below the California state average and 144.7% above the U.S. national average. The median rent of $1,901/month is 12.5% above the state average.
With a price-to-rent ratio of 24.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Riverside County has an owner-occupancy rate of 69.1%, compared to 63.4% in California and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Plymouth County | Massachusetts | $556,000 | $1,747 |
| Kitsap County | Washington | $555,100 | $1,822 |
| Arapahoe County | Colorado | $561,200 | $1,891 |
| Multnomah County | Oregon | $552,700 | $1,646 |
| Somerset County | New Jersey | $552,100 | $2,033 |
Other Counties in California
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Sacramento County | $534,200 | $1,790 | 59.0% |
| San Joaquin County | $530,700 | $1,734 | 62.0% |
| Mendocino County | $512,200 | $1,317 | 61.7% |
| San Bernardino County | $505,000 | $1,801 | 62.1% |
| Solano County | $617,700 | $2,163 | 63.0% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).