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University

University

$551,021 Average Value
$287 Average Price per Sq Ft
12 Homes For Sale

College town charm

Located in the northeastern corner of Riverside, California, the University neighborhood got its start from a public land grant developed for agricultural research by the University of California. It’s original purpose—experimental citrus research, which can still be felt thanks to the area’s lush vegetation and natural beauty—soon expanded enough to include a full curriculum and became the pride of the community: University of California-Riverside. “The area is really exploding in popularity,” says Karen Cheng, real estate agent with Berkshire Hathaway California Properties and longtime resident of the area. “It’s growing rapidly, but it still has its personality.” Now a bustling neighborhood with a college-town feel, the area offers residents shopping, entertainment, and access to larger cities nearby, University is an appealing option for more than just students.
An aerial view of the University neighborhood shows homes and their close proximity to shops.
An aerial view of the University neighborhood shows homes and their close proximity to shops.
University locals love to browse the many food options at the University Village.
University locals love to browse the many food options at the University Village.
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Spanish Mediterranean accents in Riverside

Housing in the University neighborhood is competitive, and it’s expected to continue that way. “Houses go quickly and prices have increased a bit,” says Karen Cheng, real estate agent with Berkshire Hathaway California Properties and longtime resident of the area. “That whole area is really growing, and people want to get in on it.” True to its urban residential feel, homes in University feature a variety of condominiums and townhouses—some of which serve as student and faculty housing. Single-family homes in the area are mostly comprised of single-story ranch style and pool homes, most of which feature craftsman or Spanish-Mediterranean accents. Prices typically range start at $300,000 for a 2-bedroom home and go up to $835,000 for a 4-bedroom.
The University neighborhood boasts with many single-story homes that resemble the Spanish Style.
The University neighborhood boasts with many single-story homes that resemble the Spanish Style.
The University neighborhood has many single-story homes that have unique characteristics.
The University neighborhood has many single-story homes that have unique characteristics.
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Dig in at University Village

The area has a number of unique shopping and dining options, along with grocery staples like Goodwin's. Other grocery spots include the University Village Market and Food 4 Less. The Barn is a popular local restaurant offering a wide variety of classic comfort dishes, with vegan and vegetarian options available as well. “University Village is great for all the restaurant options it has,” says Cheng. “It’s a really fun place with lots of variety and energy.”
Enjoy the convenience of Food4Less, strategically located in the University neighborhood.
Enjoy the convenience of Food4Less, strategically located in the University neighborhood.
University locals can enjoy burgers at The Barn on the UCR campus.
University locals can enjoy burgers at The Barn on the UCR campus.
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Bright lights, art, and music

The Riverside Arts Walk is a monthly event occurring the first Thursday of every month from 6 to 9 p.m. in downtown Riverside in the artist vendor lot on the corner of University Avenue and Lemon Street. The event celebrates cultural diversity through art and features participating art galleries, studios and museums with entertainment, food and shopping. Mission Inn Hotel & Spa sponsors the annual Festival of Lights every year from Thanksgiving through New Year’s—hailed by USA Today as the “best public lights display in the country.”
Rain or shine, University locals attend the monthly Riverside Arts Walk in Downtown Riverside.
Rain or shine, University locals attend the monthly Riverside Arts Walk in Downtown Riverside.
The Cheech Marin Center For Chicano Art in Downtown Riverside is a short drive from University.
The Cheech Marin Center For Chicano Art in Downtown Riverside is a short drive from University.
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Get a head start at John W. North High

Students in University begin at Highland Elementary School, before moving on to University Heights Middle and finishing up at John W. North High. According to Niche, these schools earned ratings of A-minus, B-minus, and B-plus, respectively. John W. North High offers students the opportunity to earn college credit early with its AP and IB programs.
Highland Elementary takes pride in their Hornet mascot and showcases brilliant artwork.
Highland Elementary takes pride in their Hornet mascot and showcases brilliant artwork.
University Heights Middle School in Riverside encourages positivity.
University Heights Middle School in Riverside encourages positivity.
Building Entrance to John W. North High School.
Building Entrance to John W. North High School.
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Take it all in at the botanical gardens

Those looking to get out and get active can do so at Highland Park, which offers up plenty of open grassy areas, a tire swing, and rock-climbing wall. Nearby Andulka Park features 10 championship-grade tennis courts, a retail pro store, and offers lessons. For those seeking to commune with the surrounding California beauty, they can do so at Mount Rubidoux Park—a mountainside park boasting miles of hiking trails that offer up breathtaking views. One of the favorite spots in the area is the University of California Botanical Gardens, a 40-acre expanse of gorgeous gardens and walking trails. “The UCR Botanical Garden is hugely popular,” says Cheng. “They even offer workshops, so it brings in people from all around.”
University neighborhood residents enjoy getting a run in at Highland Park.
University neighborhood residents enjoy getting a run in at Highland Park.
Students and residents of University enjoy the trails in the UCR Botanic Garden.
Students and residents of University enjoy the trails in the UCR Botanic Garden.
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Urban access and an easy commute

With access to the 60 Freeway, University is located just 10 miles from San Bernadino and less than 20 miles from the Ontario International Airport. “The area is convenient for more than just students,” says Cheng. “You have access to a lot of different places and it’s easy to get out and onto the highway.” Riverside being a college town, and the University neighborhood in particular catering to student and faculty populations, commuting is common—and can occasionally lead to congestion. Public transit is widely available throughout Riverside, however, and the University neighborhood is walkable.
Ontario International Airport is convenient for most of the Inland Empire, including University.
Ontario International Airport is convenient for most of the Inland Empire, including University.
UCR students and University locals enjoy convenient access to public transportation.
UCR students and University locals enjoy convenient access to public transportation.
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Photography Contributed By
Marcus Yzaguirre

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Mike Chou, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Ontario International

26 min drive

Bus

University Ave. Fs University Village

Bus

Iowa Fs Massachusetts

Bus

Blaine Ns Mt. Vernon

Bus

W. Campus Drive Ns Canyon Crest

Bus

Big Springs Ns Watkins

Bus

Campus Fs University

Bus

Riverside (Parking Lot 30 - University Of California, Riverside)

University Demographics and Home Trends

Housing Trends

Median List Price
$479,900
Median Sale Price
$349,000
Median Single Family Sale Price
$588,700
Median Townhouse Sale Price
$319,000
Median 2 Bedroom Sale Price
$245,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
51
Median Home Sale Price YoY Change
56%
Average Price Per Sq Ft
$287

Neighborhood Facts

Number of Homes in Neighborhood
2,338
Number of Homes for Sale
12
Median Year Built
1965
Months of Supply
2.80
Average Single Family Home Size Sq Ft
1,596
Below the national average
1,924
Average 2 Bedroom Size Sq Ft
914
Average 1 Bedroom Size Sq Ft
725
Median Lot Size Sq Ft
8,276

Open Houses

  • Saturday, Aug 2
    11am - 1pm

    1313 Massachusetts Ave Unit 203, Riverside, CA 92507

    $315,000

    • 2 Beds
    • 1.5 Baths
    • 860 Sq Ft
    • 1313 Massachusetts Ave
    • Unit 203
    • New 17 days ago

    Beautiful two bedroom condo with open floor plan located in gated Palmilla Community. Kitchen features granite counter tops and brand new stainless steel appliances. Other features include brand new stainless steel double sink and disposal. Kitchen opens up to the dining room and spacious living room. Balcony with views is located off living room area for a cozy outside area. Both bedrooms are

    Shawna Foster Coldwell Banker Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Mike Chou, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
22,572
Median Age
27
Population Density
7 ppl/acre
Population under 18
26.5%
On par with the national average
23.8%
Population over 65
5.7%
Below the national average
19.1%

Finances

Median Household Income
$51,152
Significantly below the national average
$71,702
Average Household Income
$68,065

Education and Workforce

High School Graduates
90.2%
College Graduates
34.8%
Advanced Degrees
17.9%
On par with the national average
13.3%
% Population in Labor Force
56.6%
Below the national average
65.1%

Weather

Annual Precipitation
9''
Average Winter Low Temperature
44°F
Average Summer High Temperature
95°F
Annual Snowfall
0''

Area Factors

Biker's Paradise

Bike Score®

91 / 100

Car-Dependent

Walk Score®

43 / 100

Some Transit

Transit Score®

41 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
University