How much house does $500,000 buy you in Riverside?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Riverside?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Riverside right now. Listings below $500,000 were included if necessary.
437 Winthrop Dr, Hemet, CA 92544
- Price: $500,000
- 5 bedrooms, 2 bathrooms
- Square feet: 2,122
- See 437 Winthrop Dr, Hemet, CA 92544 on Redfin.com
16006 Lasselle St, Moreno Valley, CA 92551
- Price: $500,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,116
- See 16006 Lasselle St, Moreno Valley, CA 92551 on Redfin.com
31582 Clay River Rd, Barstow, CA 92311
- Price: $500,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,610
- See 31582 Clay River Rd, Barstow, CA 92311 on Redfin.com
1060 Pertano Ln, Hemet, CA 92543
- Price: $500,000
- 4 bedrooms, 3 bathrooms
- Square feet: 1,973
- See 1060 Pertano Ln, Hemet, CA 92543 on Redfin.com
17537 Main St, Hesperia, CA 92345
- Price: $500,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,075
- See 17537 Main St, Hesperia, CA 92345 on Redfin.com
13018 Camden Ln, Victorville, CA 92392
- Price: $500,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,025
- See 13018 Camden Ln, Victorville, CA 92392 on Redfin.com
2062 Splendid Cir, San Jacinto, CA 92582
- Price: $500,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,850
- See 2062 Splendid Cir, San Jacinto, CA 92582 on Redfin.com
7337 Condalia Ave, Yucca Valley, CA 92284
- Price: $500,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,484
- See 7337 Condalia Ave, Yucca Valley, CA 92284 on Redfin.com
2837 7Th St, Rialto, CA 92376
- Price: $500,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,356
- See 2837 7Th St, Rialto, CA 92376 on Redfin.com
13665 Hidden Vly Rd, Victorville, CA 92395
- Price: $500,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,340
- See 13665 Hidden Vly Rd, Victorville, CA 92395 on Redfin.com
32455 Scandia Dr, Running Springs, CA 92382
- Price: $500,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,284
- See 32455 Scandia Dr, Running Springs, CA 92382 on Redfin.com
15974 Golden Meadow Ln, Victorville, CA 92394
- Price: $500,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,483
- See 15974 Golden Meadow Ln, Victorville, CA 92394 on Redfin.com
49504 Douglas St, Indio, CA 92201
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,212
- See 49504 Douglas St, Indio, CA 92201 on Redfin.com
8871 Avocado Ave, Hesperia, CA 92345
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,844
- See 8871 Avocado Ave, Hesperia, CA 92345 on Redfin.com
10722 Phelan Rd, Oak Hills, CA 92344
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,725
- See 10722 Phelan Rd, Oak Hills, CA 92344 on Redfin.com
10121 Mesquite St, Oak Hills, CA 92344
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,627
- See 10121 Mesquite St, Oak Hills, CA 92344 on Redfin.com
41665 Tanager Dr, Big Bear Lake, CA 92315
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,607
- See 41665 Tanager Dr, Big Bear Lake, CA 92315 on Redfin.com
19261 Centennial St, Hesperia, CA 92345
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,596
- See 19261 Centennial St, Hesperia, CA 92345 on Redfin.com
1676 Vibrant Gln, San Jacinto, CA 92582
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,550
- See 1676 Vibrant Gln, San Jacinto, CA 92582 on Redfin.com
61879 Valley View Cir, Joshua Tree, CA 92252
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,486
- See 61879 Valley View Cir, Joshua Tree, CA 92252 on Redfin.com
16105 Tawney Ridge Ln, Victorville, CA 92394
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,409
- See 16105 Tawney Ridge Ln, Victorville, CA 92394 on Redfin.com
5607 Mckinley Ave, San Bernardino, CA 92404
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,335
- See 5607 Mckinley Ave, San Bernardino, CA 92404 on Redfin.com
4950 Shady Dr, Phelan, CA 92371
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,258
- See 4950 Shady Dr, Phelan, CA 92371 on Redfin.com
967 Hidden Oaks Dr, Beaumont, CA 92223
- Price: $500,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 2,127
- See 967 Hidden Oaks Dr, Beaumont, CA 92223 on Redfin.com
8834 Cuyamaca St, Corona, CA 92883
- Price: $500,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 2,051
- See 8834 Cuyamaca St, Corona, CA 92883 on Redfin.com
81566 Avenida Sombra, Indio, CA 92203
- Price: $500,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,763
- See 81566 Avenida Sombra, Indio, CA 92203 on Redfin.com
763 W Virginia St, Rialto, CA 92376
- Price: $500,000
- 2 bedrooms, 2 bathrooms
- Square feet: 902
- See 763 W Virginia St, Rialto, CA 92376 on Redfin.com
899 Island Dr, Rancho Mirage, CA 92270
- Price: $500,000
- 2 bedrooms, 1.8 bathrooms
- Square feet: 1,855
- See 899 Island Dr, Rancho Mirage, CA 92270 on Redfin.com
10550 Colusa Rd, Adelanto, CA 92301
- Price: $500,000
- 2 bedrooms, 1 bathroom
- Square feet: 1,260
- See 10550 Colusa Rd, Adelanto, CA 92301 on Redfin.com
520 N Vine Ave, Ontario, CA 91762
- Price: $500,000
- 1 bedroom, 1 bathroom
- Square feet: 704
- See 520 N Vine Ave, Ontario, CA 91762 on Redfin.com
