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Riverside Real Estate
Market Report
Riverside is the county seat and largest city in Riverside County, with a population exceeding 320,000. Known as the birthplace of California's citrus industry, Riverside offers a unique blend of historic architecture, UC Riverside's academic prestige, and diverse neighborhoods spanning from downtown urban living to hilltop estates.
The Wood Streets district is the crown jewel — a historic neighborhood of Craftsman and Spanish Colonial Revival homes near downtown and the famous Mission Inn. Canyon Crest offers upscale hilltop living near UCR. Mission Grove features newer construction and strong school ratings, while Alessandro Heights provides panoramic views and semi-rural estate properties.
The city's median sale price is $640,000, and homes average 63 days on market with roughly 2 offers. At $380/sq ft and over 2,100 sales annually, Riverside is the county's largest and most liquid residential market.
Home prices range from around $350,000 for starter homes to $1,500,000+ for luxury properties in Wood Streets.
Top Neighborhoods in Riverside
From the historic Wood Streets to hilltop Canyon Crest — Riverside\'s neighborhoods span every price point and lifestyle.
Canyon Crest
$700K–$1.5MUpscale hilltop neighborhood adjacent to UC Riverside and the UCR Botanic Gardens. Panoramic views, larger lots, and a mix of mid-century and custom homes. Popular with UCR faculty and professionals.
Mission Grove
$550K–$800KNewer master-planned community in southeast Riverside with family-friendly streets, parks, and some of the city's best-rated schools. Homes built 2000s–2010s with modern floor plans and HOA amenities.
Alessandro Heights
$650K–$1.2MElevated southeastern Riverside with panoramic views of the Riverside valley and San Bernardino Mountains. Large lots, custom homes, and a semi-rural character. Horse properties available in some sections.
Orangecrest
$500K–$750KPopular family neighborhood in south Riverside built in the 1990s–2000s. Excellent community parks, organized HOAs, and convenient access to the 91 freeway for Orange County commuters.
Schools Serving Riverside
Multiple districts serve Riverside — Riverside Unified, Alvord Unified, and Jurupa Unified — plus UC Riverside as a top-tier research university.
Benjamin Franklin Elementary
Elementary (K–6)Riverside USD. Mission Grove/Orangecrest area. Above-average test scores with strong STEM programs.
Canyon Crest Elementary
Elementary (K–6)Riverside USD. Canyon Crest neighborhood. Near UCR with engaged parent community and enrichment programs.
Hawarden Hills Elementary
Elementary (K–6)Riverside USD. Northern Riverside. Award-winning arts program and strong reading proficiency.
Mountain View Middle School
Middle (7–8)Riverside USD. Serves Mission Grove and south Riverside. Honors programs and competitive athletics.
Matthew Gage Middle School
Middle (7–8)Riverside USD. Canyon Crest area. AVID program and strong extracurricular offerings.
Martin Luther King High School
High School (9–12)Riverside USD. Serves south and east Riverside. International Baccalaureate (IB) program, strong AP offerings, and 90%+ graduation rate.
Hillcrest High School
High School (9–12)Riverside USD. Southeast Riverside. Engineering and biomedical science pathways. Competitive athletics.
Polytechnic High School
High School (9–12)Riverside USD. Historic campus near downtown. Renowned arts and music programs with a legacy of academic excellence.
Parks, Recreation & Lifestyle
Mission Inn Hotel & Spa
National Historic Landmark — a stunning Spanish Mission Revival hotel and Riverside's most iconic architectural treasure
UC Riverside
Top-tier research university with Division I athletics, arts events, and the UCR Botanic Gardens
California Citrus State Historic Park
Living museum preserving Riverside's citrus heritage with groves, exhibits, and the Sunkist Center
Riverside Plaza
Historic open-air shopping center with boutiques, restaurants, and the Fox Performing Arts Center nearby
Fox Performing Arts Center
Restored 1929 Fox Theater hosting Broadway tours, concerts, and comedy
Mt. Rubidoux
Iconic 3-mile loop trail with sunrise views and the historic Peace Tower at the summit
Downtown Dining Scene
Growing food and craft beer scene along Main Street and University Avenue
Santa Ana River Trail
Multi-use trail through Riverside connecting to Corona and eventually the coast
UCR Botanic Gardens
40 acres with over 3,500 plant species — free admission in Canyon Crest
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