Sell My House Fast in Riverside, CA with an iBuyer

Market Overview

Riverside, CA Home Value Estimates

With a rich history in agriculture including growing silk and citrus, Riverside is in southern California and is on the Santa Ana River. With San Bernardina and Ontario, it is a part of a metropolitan area east of Los Angeles. The Santa Ana River Trail is a 13-mile biking trail near Riverside that is a favorite for bicyclists, joggers and hikers. The trail runs next to the Santa Ana River Wildlife Area with beautiful views of Mr. Rubidoux.

Riverside’s warm season is from late June to late September with an average high temperature above 89 degrees and lows in the mid 60’s. The cool season is from late November to mid-March with an average high temperature below 72 degrees and low in the 40’s. Along with outdoor parks, the famous Mission Inn serves as a community focal point in Riverside.

The population in 2018 was 330,063 with an annual growth rate of 0.94%. The cost of living is high because of the Riverside real estate market with a higher cost of homes. Riverside’s job market has increased by 2.2% over the last year. The ten-year predicted growth is 38.7%. Light industry and manufacturing is the base of Riverside’s economy with engineering, technology and banking an added source of employment. Citrus is still a part of the economy, but it has declined in recent years. Stronghold Engineering is a major business and employer in the city.

With the Santa Ana Trail and warm climate, job growth and growing population, Riverside will continue to attract those who want to live an outdoor lifestyle in a beautiful city.

Real estate market data in Riverside

Average Monthly Rent:

$1,548

Percentage Change in Home Price/Value:

3.40%

Median Home Value:

$409,800

Best Time To Sell Home:

July

Affordability Index:

102.4

Days To Sell House:

64.375

Job Market:

Fair

Public School Ranking:

38

Hottest Neighbourhoods:

Orangecrest, Victoria, Alessandro Heights, Hawarden Hills, Mission Grove, Canyon Crest, Wood Streets, Presidential Park, La Sierra Hills, Ramona

Top iBuyers in Riverside

Zillow Offers

Zillow Offers

Zillow has a new home buying service program. This type of program is called iBuying. They will purchase your home sight unseen if it fits their criteria.

Opendoor

Opendoor

Opendoor is the pioneer in the space of iBuying. They are considered the first iBuyer to take the concept of purchasing a home using a data based algorithm to estimate value.

Offerpad

Offerpad

Offerpad started in 2015 from of the roots of a real estate professional that realized the process to sell a home had many areas of stress and uncertainty.

Riverside iBuyers

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