Market Intelligence · CA / Riverside

Riverside, CA 92508 Housing Market

The typical home in Riverside's 92508 ZIP code is worth $757,529, up 1.5% over the past year as of September 2026. The median list price is $868,750, and homes spend a median of 63 days on the market.

Updated September 2026Median value$758K

The median home value in Riverside, CA 92508 is $758K as of September 2026, up 1.5% 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 92508 range

$697K to $818K

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

+1.5% over 12 months

Sep 2025$746K

Low $746KHigh $758K

Sep 2026$758K

The numbers

What is the 92508 housing market like?

As of September 2026

Typical home value

$758K

1.5%YoY

Median list price

$869K

4.8%MoM

Days on market

40.0%MoM

Homes for sale

6.2%MoM

Price cuts

20.4%

14.6%MoM

New listings

18.7%MoM

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

The outlook

92508 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 92508 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 92508 rose 1.5%, per the Zillow Home Value Index.

Will home prices drop in 92508?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 92508 to stay roughly flat by September 2027 (up 0.2%), after a 1.5% 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 92508 home prices compare?

92508$757,529
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 were 60 homes for sale in 92508 as of September 2026, with 26 new listings added during the month. The median list price sits at $868,750, while the typical home value is $757,529, up 1.5% over the past year. Homes take a median of 63 days to sell, and 20.4% of listings have had a price cut. That pattern suggests some sellers are asking more than buyers are willing to pay and then adjusting. A seller here should price with realistic expectations from the start.

Monthly payment

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Down payment20% · $151,506

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Common questions

What people ask us.

How much is a home in 92508 worth?

The typical home value in 92508 is $757,529, up 1.5% over the past year as of September 2026.

How long does it take to sell a home in 92508?

Homes in 92508 spend a median of 63 days on the market as of September 2026.

Are sellers cutting prices in 92508?

Yes, 20.4% of listings had a price cut as of September 2026, out of 60 homes for sale.

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