Market Intelligence · CA / Riverside

Riverside, CA 92506 Housing Market

The typical home value in Riverside, CA 92506 is $697,029, up 1.6% over the past year as of September 2026. The median list price is $802,000, and homes spend a median of 48 days on market.

Updated September 2026Median value$697K

The median home value in Riverside, CA 92506 is $697K as of September 2026, up 1.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 92506 range

$641K to $753K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.6% over 12 months

Sep 2025$686K

Low $686KHigh $698K

Sep 2026$697K

The numbers

What is the 92506 housing market like?

As of September 2026

Typical home value

$697K

1.6%YoY

Median list price

$802K

4.4%MoM

Days on market

2.1%MoM

Homes for sale

109

18.5%MoM

Price cuts

16.2%

35.3%MoM

New listings

12.5%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

92506 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 92506 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 92506 rose 1.6%, per the Zillow Home Value Index.

Will home prices drop in 92506?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 92506 to stay roughly flat by September 2027 (up 0.2%), after a 1.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 92506 home prices compare?

92506$697,029
Riverside$630,110
California$692,765
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Riverside: 7 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

There are 109 homes for sale in 92506 as of September 2026, with 54 new listings coming on. The median list price of $802,000 sits above the typical home value of $697,029, so sellers are generally aiming high relative to where values actually land. Homes are taking a median of 48 days to move, which is neither fast nor stalled. Meanwhile, 16.2% of listings have taken a price cut, suggesting some sellers are overshooting and adjusting. For a seller, the practical read is that the market rewards realistic pricing and punishes wishful pricing.

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Down payment20% · $139,406

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Common questions

What people ask us.

How much is a home in 92506 worth?

The typical home value in 92506 is $697,029, up 1.6% over the past year as of September 2026.

How long does it take to sell a home in 92506?

Homes in 92506 spend a median of 48 days on market as of September 2026.

Are sellers cutting prices in 92506?

Yes. 16.2% of listings in 92506 had a price cut as of September 2026.

Discover

Nearby ZIP markets.

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