Real Estate Market Update for 92509 (Riverside, CA)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 20% from one year earlier, and up 7% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was 360-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 25%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 350-thousand dollars. The number of units sold increased 4% year-over-year, and held steady month-over-month. These latest figures are encouraging news for both buyers and sellers, indicating a positive trend in the marketplace. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 92509 (Riverside, CA)
Area Information for 92509 (Riverside, CA)
  • Population: 78,145
  • Median Age: 31.44 yr
  • Median Commute Time: 32 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 2,513/sq mi
  • Population Change Since 2000: 22.33%
  • Closest Airport: Ontario International
  • Closest College: California Baptist University
  • Closest Jr. College: Riverside Community College-riverside
  • Median Household Income: $55,999
  • Annual Residential Turnover: 15%
  • Median Home Sales Price: $260,000
  • Closest Major Sports Team: Rancho Cucamonga Quakes (a)
  • Change Avg. Household Income Since 2000: 20.18%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 92509 (Riverside, CA)
Median Age: 31.44 Married: 37% Number of Households: 20,040 Households with Children: 8,630
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 92509 (Riverside, CA)

      School Name Distance Type Grades School Rating Parent Rating
      Jurupa Unified School District Pre-k School Readiness Center 0.0 mi Public - 0 0
      Camino Real Elementary School 0.8 mi Public K-6 3 0
      Patriot High School 0.8 mi Public 9-12 3 3
      Sunnyslope Elementary School 0.9 mi Public PRESCHOOL-6 2 0
      Rustic Lane Elementary School 1.0 mi Public K-6 2 0
      Glen Avon Elementary School 1.0 mi Public K-6 2 0
      Rubidoux High School 1.1 mi Public 9-12 2 3
      Stone Avenue Elementary School 1.3 mi Public K-6 2 0
      Nueva Vista Continuation High School 1.3 mi Public 10-12 0 0
      Steps Community Day School 1.4 mi Public 7-12 1 0
      Pacific Avenue Elementary School 1.4 mi Public K-6 2 0
      Jurupa Middle School 1.6 mi Public 7-8 2 0
      West Riverside Elementary School 1.8 mi Public K-6 1 0
      Indian Hills Elementary School 2.0 mi Public K-6 3 0
      Peralta Elementary School 2.1 mi Public K-6 1 0
      Mission Middle School 2.1 mi Public 7-8 1 0
      Mira Loma Christian School 2.1 mi Private K-12 0 0
      Ina Arbuckle Elementary School 2.5 mi Public K-6 1 0
      Pedley Elementary School 2.5 mi Public PRESCHOOL-6 1 0
      Life Christian Academy 2.5 mi Private PRESCHOOL-6 0 0
      Mount Zion Academy 2.6 mi Private 1-12 0 0
      Van Buren Elementary School 2.7 mi Public PRESCHOOL-6 0 0
      Granite Hill Elementary School 2.7 mi Public K-6 3 0
      Mira Loma Middle School 3.2 mi Public 7-8 1 0
      Mission Bell Elementary School 3.4 mi Public K-6 1 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 92509 (Riverside, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.