Riverside Housing Market Report – March 2026
Here's a look at how the Riverside, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 195
- Median Sale Price: $640,000
- Average Sale Price: $684,651
- Average Price Per Sq Ft: $384
- Average Days on Market: 97
- Sale-to-List Price Ratio: 99.6%
Month-Over-Month Trends
Compared to February, the median sale price in Riverside moved 1.0% up (from $633,750 to $640,000). The number of homes sold was 54.8% up compared to the prior month (126 vs. 195). Average days on market shifted 6.7% down (104 days to 97 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 1.5% down (from $650,000 to $640,000). Sales volume is 19.1% down year-over-year.
What This Means
Riverside's housing market is showing mixed signals as we head into spring. While March brought a significant uptick in sales volume—nearly 55% more homes sold compared to February—this bounce appears to be seasonal rather than a sign of sustained momentum. The year-over-year comparison tells a different story, with sales down 19% compared to last March. What's encouraging, though, is that homes are moving faster; the average time on market dropped to 97 days from 104, and sellers are getting nearly full asking price at 99.6%. This suggests buyers are still engaged, even if their overall numbers are softer than a year ago.
Price stability is another bright spot. The median price of $640,000 is holding its own with a modest 1% monthly gain, though it's down 1.5% year-over-year. The $384 per square foot price point remains reasonable for Southern California, which likely explains the strong sale-to-list ratio. With 775 active listings on the market, there's healthy inventory without excessive supply pressure. For buyers, this is a balanced market where negotiation is still possible but competition exists. For sellers, it's a reasonable time to list, particularly given spring's traditional boost to buyer interest.
Riverside Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92503 | 52 | $630,000 | $380 | 105 |
| 92504 | 35 | $596,000 | $382 | 91 |
| 92506 | 30 | $723,750 | $387 | 99 |
| 92508 | 27 | $770,000 | $322 | 85 |
| 92507 | 26 | $587,500 | $385 | 95 |
| 92505 | 15 | $685,000 | $439 | 107 |
| 92501 | 8 | $619,500 | $532 | 86 |
| 92509 | 2 | $309,500 | $252 | 57 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 167 | $665,000 | $398 |
| CONDOS | 11 | $385,000 | $325 |
| MOBILE | 7 | $87,500 | $107 |
| TOWNHOMES | 4 | $550,490 | $363 |
| LAND | 3 | $275,000 | N/A |
| MULTI_FAMILY | 1 | $640,000 | $641 |
| CONDO | 1 | $385,091 | $414 |
| OTHER | 1 | $525,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 4 |
| $100K - $199K | 2 |
| $200K - $299K | 6 |
| $300K - $399K | 5 |
| $400K - $499K | 10 |
| $500K - $749K | 114 |
| $750K+ | 54 |
Current Active Listings
As of this report, there are 775 active listings in Riverside with a median asking price of $640,000 and an average of 95 days on market.
Thinking About Selling Your Riverside Home?
If you're a homeowner in Riverside considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Riverside and throughout the Central Valley — get a no-obligation cash offer today.