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Riverside California Homes For Sale - Choosing Riverside, California Homes for Sale

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Riverside is a large city in inland Southern California. It has a population of 300,430 and is the seat of Riverside County. The city is the largest in the San Bernardino valley and it is named for its location along the Santa Ana River about 60 miles east of Los Angeles. Riverside is 78 square miles in size. It was originally founded in 1870 as an agricultural community focusing on navel oranges and sustained by investors primarily from England and Canada. Because so many notable people had interests in the city, it was the location of both the first polo field and golf course in Southern California. Through the years, both the city and its citrus industry prospered, becoming the preeminent orange-growing center in the United States. Today, Riverside is known for its favorable Mediterranean climate, the California Citrus State Historic Park, and for being a vibrant modern community with deep roots in the past.

According to 2000 Census data there were 82,005 households in the city occupying 85,974 total housing units. Current estimates are not in agreement, but show that the number of households has grown to somewhere in the range of 89,000 to 93,000. Whatever the exact numbers may be, the market is shown to support an average of 1,500 Riverside, California homes for sale at any given time. The median price of these homes is $210,000. The market is down from a 2006 high of $412,000, but a steady rate of new home construction with average value of $450,000 is raising the average. Riverside was hit extremely hard by the 2006 U.S. mortgage crises, which is evidenced by the drop in home value and a foreclosure listing that swells at times to over 4,000 Riverside, CA homes. These 4,000 foreclosure homes have a median selling price of $195,000. The average price per square foot of all homes in Riverside is $142.

The racial demographic of residents in Riverside, California homes is primarily white and Hispanic. Of the 60% white residents, 8% African-American residents, and 28% listed as other, 47% are of Latino origin. 50% of households in the city are composed of married couples and 29% are non-families. Residents of the city tend to be young with 43% aged 18 to 44 and only 27% aged 45 and up. The median household income in Riverside is $41,660.

As can be expected from the history of Riverside, the economy of the city is heavily reliant on the citrus industry. The next-largest economical sector is in education. The University of California – Riverside is the largest employer in the city with 7,127 employees, and the second-largest is the local public school district with 4,000 employees. Of the top-ten employers, two others are educational entities and four are healthcare-related. Kaiser Permanente Insurance employs 3,900 in Riverside.

Resident and those occupying Riverside, California homes benefit from a robust highway system that includes three major freeways: I-215, SR-60, and SR-91. All three form a junction in the northeast quadrant of the city. Recently, however, construction on the freeways has given the city a bad reputation for traffic congestion, and it was named one of the worst city for traffic in the United States. Efforts to relieve the traffic have proven somewhat effective, bringing the city from number one on the list to number nineteen. Riverside has two commuter rail stations local bus service provided by the Riverside Transit Agency. There is a municipal airport in the city, but for a major airport, it is necessary to travel to Ontario, California 20 miles away.

Public education in Riverside is served by two separate school districts. The Riverside Unified School District serves eastern Riverside and consists of five high schools. Western Riverside is served by the Alvord Unified School District, having two high schools. A number of Christian academies and private schools is also available in the city. Higher education is served by both Riverside City College and the University of California – Riverside.

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