Riverside, CA.
Stacker | Contributed
Cities with the fastest growing home prices in Riverside metro area.
It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.
The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.
Stacker compiled a list of cities with the fastest-growing home prices in Riverside-San Bernardino-Ontario, CA metro area using data from Zillow . Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 91 cities and towns in Riverside.
30. Cathedral City, California
– 1-year price change: +$81,326 (+18.7%)
– 5-year price change: +$240,742 (+87.6%)
– Typical home value: $515,670 (#44 most expensive city in metro)
29. Moreno Valley, California
– 1-year price change: +$81,849 (+17.7%)
– 5-year price change: +$242,556 (+80.0%)
– Typical home value: $545,572 (#37 most expensive city in metro)
28. Upland, California
– 1-year price change: +$82,998 (+11.8%)
– 5-year price change: +$276,309 (+54.2%)
– Typical home value: $786,374 (#6 most expensive city in metro)
27. Idyllwild, California
– 1-year price change: +$83,452 (+18.1%)
– 5-year price change: +$246,544 (+82.7%)
– Typical home value: $544,811 (#38 most expensive city in metro)
26. Beaumont, California
– 1-year price change: +$83,493 (+17.9%)
– 5-year price change: +$235,564 (+74.9%)
– Typical home value: $549,908 (#36 most expensive city in metro)
25. Lake Elsinore, California
– 1-year price change: +$83,980 (+16.5%)
– 5-year price change: +$255,302 (+75.5%)
– Typical home value: $593,581 (#28 most expensive city in metro)
24. Menifee, California
– 1-year price change: +$84,358 (+16.9%)
– 5-year price change: +$247,309 (+73.4%)
– Typical home value: $584,124 (#29 most expensive city in metro)
23. Chino, California
– 1-year price change: +$84,799 (+13.2%)
– 5-year price change: +$267,779 (+58.1%)
– Typical home value: $728,592 (#11 most expensive city in metro)
22. Perris, California
– 1-year price change: +$84,867 (+18.9%)
– 5-year price change: +$241,326 (+82.3%)
– Typical home value: $534,484 (#40 most expensive city in metro)
21. Rancho Cucamonga, California
– 1-year price change: +$89,346 (+13.2%)
– 5-year price change: +$279,707 (+57.6%)
– Typical home value: $765,225 (#8 most expensive city in metro)
20. Wildomar, California
– 1-year price change: +$90,057 (+16.0%)
– 5-year price change: +$273,113 (+72.1%)
– Typical home value: $652,141 (#17 most expensive city in metro)
19. Aguanga, California
– 1-year price change: +$91,923 (+18.7%)
– 5-year price change: +$243,667 (+71.7%)
– Typical home value: $583,472 (#30 most expensive city in metro)
18. Mountain Center, California
– 1-year price change: +$95,945 (+19.0%)
– 5-year price change: +$247,788 (+70.3%)
– Typical home value: $600,406 (#26 most expensive city in metro)
17. Winchester, California
– 1-year price change: +$96,699 (+16.0%)
– 5-year price change: +$292,519 (+71.7%)
– Typical home value: $700,542 (#13 most expensive city in metro)
16. Murrieta, California
– 1-year price change: +$98,064 (+16.4%)
– 5-year price change: +$288,820 (+70.9%)
– Typical home value: $696,410 (#14 most expensive city in metro)
15. Corona, California
– 1-year price change: +$98,944 (+15.1%)
– 5-year price change: +$301,913 (+66.5%)
– Typical home value: $755,775 (#10 most expensive city in metro)
14. Joshua Tree, California
– 1-year price change: +$101,157 (+27.7%)
– 5-year price change: +$282,752 (+153.9%)
– Typical home value: $466,422 (#48 most expensive city in metro)
13. Norco, California
– 1-year price change: +$101,669 (+14.0%)
– 5-year price change: +$327,751 (+65.6%)
– Typical home value: $827,429 (#5 most expensive city in metro)
12. Lake Arrowhead, California
– 1-year price change: +$102,099 (+18.9%)
– 5-year price change: +$290,752 (+82.8%)
– Typical home value: $641,718 (#19 most expensive city in metro)
11. Fawnskin, California
– 1-year price change: +$102,617 (+24.7%)
– 5-year price change: +$254,135 (+96.3%)
– Typical home value: $518,162 (#42 most expensive city in metro)
10. Big Bear Lake, California
– 1-year price change: +$104,957 (+20.1%)
– 5-year price change: +$293,839 (+88.4%)
– Typical home value: $626,321 (#22 most expensive city in metro)
9. Indio, California
– 1-year price change: +$108,130 (+24.8%)
– 5-year price change: +$244,139 (+81.3%)
– Typical home value: $544,360 (#39 most expensive city in metro)
8. Temecula, California
– 1-year price change: +$109,956 (+16.9%)
– 5-year price change: +$316,092 (+71.0%)
– Typical home value: $761,035 (#9 most expensive city in metro)
7. Chino Hills, California
– 1-year price change: +$112,842 (+13.6%)
– 5-year price change: +$313,875 (+49.7%)
– Typical home value: $945,122 (#2 most expensive city in metro)
6. Palm Desert, California
– 1-year price change: +$114,981 (+24.0%)
– 5-year price change: +$257,813 (+76.6%)
– Typical home value: $594,566 (#27 most expensive city in metro)
5. Eastvale, California
– 1-year price change: +$137,331 (+17.6%)
– 5-year price change: +$376,533 (+69.5%)
– Typical home value: $918,134 (#3 most expensive city in metro)
4. Palm Springs, California
– 1-year price change: +$148,416 (+25.7%)
– 5-year price change: +$351,872 (+94.1%)
– Typical home value: $725,934 (#12 most expensive city in metro)
3. La Quinta, California
– 1-year price change: +$153,637 (+24.5%)
– 5-year price change: +$345,781 (+79.4%)
– Typical home value: $781,290 (#7 most expensive city in metro)
2. Rancho Mirage, California
– 1-year price change: +$180,465 (+25.5%)
– 5-year price change: +$390,158 (+78.5%)
– Typical home value: $886,919 (#4 most expensive city in metro)
1. Indian Wells, California
– 1-year price change: +$273,743 (+25.7%)
– 5-year price change: +$562,687 (+72.6%)
– Typical home value: $1,338,185 (#1 most expensive city in metro)
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