As a licensed Riverside County Real Estate Appraiser, Hosking Appraisal Group valuates homes in dozens of communities throughout the Inland Empire Property Appraisal market. This vast southern California region spans a whopping 4,850 square miles, and over 17,000 homes are currently on the market in Riverside County alone. And depending on location, home condition/upgrades and a variety of other economic factors, average residential property values are remarkably diverse. For instance, the home value based on Hemet real estate appraisals averages just over $233,000 while Corona real estate appraisals calculate average home values around $426,000:
Riverside County Average Home Value Statistics
Based on 2016-2017 Market Research (Values are approximate to the nearest $1,000)
Canyon Lake Property Appraisal: $374,000
Corona Property Appraisal: $426,000 (highest)
Hemet Property Appraisal: $233,200 (lowest)
Lake Elsinore Property Appraisal: $312,000
Menifee Property Appraisal: $339,000
Murrieta Property Appraisal: $386,000
Perris Property Appraisal: $266,000
Temecula Property Appraisal: $421,000
Winchester Property Appraisal: $380,000