Cities with the most expensive homes in the Riverside metro area
Cities with the most expensive homes in the Riverside metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $355,696 in March, 4.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 2, the 30-year fixed mortgage rate sits at 7.22%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Riverside metro area using data from Zillow. Charts show the monthly typical home value since January 2018. Data was available for 92 cities and towns.
#30. Palm Desert, CA
- Typical home value: $569,220
- 1-year price change: -0.2%
- 5-year price change: +57.3%
#29. Grand Terrace, CA
- Typical home value: $569,767
- 1-year price change: +7.1%
- 5-year price change: +49.2%
#28. Menifee, CA
- Typical home value: $573,925
- 1-year price change: +5.1%
- 5-year price change: +52.0%
#27. Mountain Center, CA
- Typical home value: $575,538
- 1-year price change: +4.8%
- 5-year price change: +51.3%
#26. Lake Elsinore, CA
- Typical home value: $576,809
- 1-year price change: +6.2%
- 5-year price change: +57.0%
#25. Lake Arrowhead, CA
- Typical home value: $587,507
- 1-year price change: -3.6%
- 5-year price change: +55.1%
#24. Big Bear Lake, CA
- Typical home value: $609,392
- 1-year price change: -1.0%
- 5-year price change: +56.7%
#23. Fontana, CA
- Typical home value: $622,689
- 1-year price change: +7.2%
- 5-year price change: +51.0%
#22. Redlands, CA
- Typical home value: $630,084
- 1-year price change: +5.3%
- 5-year price change: +44.5%
#21. Riverside, CA
- Typical home value: $635,591
- 1-year price change: +7.9%
- 5-year price change: +52.4%
#20. Loma Linda, CA
- Typical home value: $636,291
- 1-year price change: +6.3%
- 5-year price change: +45.2%
#19. Wildomar, CA
- Typical home value: $638,627
- 1-year price change: +5.2%
- 5-year price change: +54.6%
#18. Montclair, CA
- Typical home value: $654,765
- 1-year price change: +7.4%
- 5-year price change: +50.1%
#17. Jurupa Valley, CA
- Typical home value: $656,340
- 1-year price change: +8.0%
- 5-year price change: +55.2%
#16. Ontario, CA
- Typical home value: $664,526
- 1-year price change: +7.4%
- 5-year price change: +49.5%
#15. Winchester, CA
- Typical home value: $668,636
- 1-year price change: +4.4%
- 5-year price change: +52.8%
#14. Palm Springs, CA
- Typical home value: $672,466
- 1-year price change: +0.2%
- 5-year price change: +66.2%
#13. Murrieta, CA
- Typical home value: $684,227
- 1-year price change: +6.3%
- 5-year price change: +54.8%
#12. Canyon Lake, CA
- Typical home value: $698,460
- 1-year price change: +3.6%
- 5-year price change: +49.8%
#11. Chino, CA
- Typical home value: $754,058
- 1-year price change: +7.3%
- 5-year price change: +44.5%
#10. Temecula, CA
- Typical home value: $758,986
- 1-year price change: +6.4%
- 5-year price change: +55.8%
#9. Corona, CA
- Typical home value: $759,060
- 1-year price change: +8.2%
- 5-year price change: +52.2%
#8. La Quinta, CA
- Typical home value: $759,778
- 1-year price change: +1.9%
- 5-year price change: +64.8%
#7. Rancho Cucamonga, CA
- Typical home value: $778,238
- 1-year price change: +6.4%
- 5-year price change: +44.4%
#6. Upland, CA
- Typical home value: $816,227
- 1-year price change: +6.1%
- 5-year price change: +43.8%
#5. Norco, CA
- Typical home value: $870,174
- 1-year price change: +8.4%
- 5-year price change: +54.6%
#4. Rancho Mirage, CA
- Typical home value: $893,866
- 1-year price change: +3.0%
- 5-year price change: +75.4%
#3. Eastvale, CA
- Typical home value: $930,108
- 1-year price change: +7.0%
- 5-year price change: +52.9%
#2. Chino Hills, CA
- Typical home value: $986,003
- 1-year price change: +8.9%
- 5-year price change: +42.9%
#1. Indian Wells, CA
- Typical home value: $1,356,202
- 1-year price change: +5.7%
- 5-year price change: +66.3%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
