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Magnolia Center is a sought-after neighborhood in Riverside, CA. Browse available listings to find your perfect home in this neighborhood.
Riverside Market Report
Median Home Price
$699K
↑ 6.7% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
3.0 months of supply
Balanced Market557 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step—a steady flow of options without a glut. Listings typically sell in ~48 days.
Sales Velocity
How fast homes are selling
Homes are taking longer to sell—buyers have more time to negotiate and explore options. Sales 42% faster than 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Affordability Snapshot
Typical home cost
$4,980/mo
Actual housing expense
Affordable budget (28%)
$2,067/mo
Based on median income
Median household income
$7,381/mo
Riverside
A typical home costs about 67% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$213K/year
Assumes housing costs ≤28% of income
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $195K in value on average.
Largest increase: 3 → 4 bedrooms (+$234K)
Price Reductions
220 listings have reduced their price
39% of active listings
Average reduction: 5.0% (~$37K)
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