Riverside, CA Foreclosed Homes & Properties

Foreclosure Homes for Sale in Riverside, CA: Everything You Need to Know

You can find historic neighborhoods and brand-new housing within the city. Many of these areas offer great schools, community facilities, and nearby shopping.  Downtown Riverside is rich in history and has dozens of historical sites and dedicated landmarks.  Home values in this area average to $300,000. 

The Wood Streets area is located near downtown but has more land, beautiful landscaping, and narrow streets. These beautifully designed homes reflect designs from the beginning of the Century, after World War II. This neighborhood has a tight-knit community, and most homes are owner-occupied. The average home value in this area is $350,000. 

Canyon Crest is a large and diverse neighborhood that represents a more modern subdivision with stunning views. This family-friendly living area has parks, hiking trails, tennis and basketball courts, etc. Homes here average $500,000.

The Cost of Living in Riverside

In Riverside, you can expect to pay around $200.50 for basic utilities. Internet service will cost an additional $65 a month. The median rent for a 1-bedroom apartment is $1,063, for a 2-bedroom apartment, it’s $1,229. 

Energy prices are 28.4% higher, food and groceries are 3.3% higher, healthcare is only 0.6% higher, and transportation is 2.5% higher than the national averages. The overall cost of living in Riverside is 13.2% higher than the national average, rising by 3% since last year.  The combined sales tax in Riverside is 7.5%.

Getting Around in Riverside

The Riverside Transit Agency (RTA) provides public transportation to its residents. RTA also offers regional services with 33 fixed bus routes, five Commuter Link express routes, and 334 vehicles for the Dial-A-Ride program. The busses also provide transportation to students to and from school, and as of August 2020 through June 2021, the bus service will be free for students 18 years old and younger. Dial-A-Ride is a special service for seniors and persons with disabilities that provides transportation within the designated service areas. Nearby airports include the Riverside Municipal Airport and the San Bernardino International Airport.

The Local Sports Scene 

With the great work of the Riverside Sports Commission, the city has been able to attract major regional, state, national, and international sporting competitions to the region. Many world-known athletes have come from Riverside, to include Reggie Miller, a basketball legend, Kawhai Leonard (NBA), Joanna Hayes (Olympic Gold medalist in track and field), Troy Percival (MLB), Tyler Clary (Olympic Gold medalist in swimming), and Rhonda Rousey (MMA Champion) to name a few. It is obvious why this little town is known as Sports Town USA.