Why Live in University
The University neighborhood in Riverside, California, is a vibrant area rooted in its origins as an agricultural research site for the University of California-Riverside. This neighborhood has grown into a bustling college-town community, offering a mix of shopping, dining, and entertainment options. Housing is competitive, with a variety of condominiums, townhouses, and single-family homes, including single-story ranch styles and pool homes with craftsman or Spanish-Mediterranean accents. Local grocery stores include Goodwin's, University Village Market, and Food 4 Less. Dining options are plentiful, with The Barn being a popular spot for comfort food, including vegan and vegetarian dishes. The Riverside Arts Walk, held monthly, and the annual Festival of Lights at the Mission Inn Hotel & Spa are notable attractions. Highland Elementary School and John W. North High are highly rated, with the latter offering AP and IB programs. Outdoor activities are abundant, with Highland Park, Andulka Park, and Mount Rubidoux Park providing various recreational opportunities. The University of California Botanical Gardens is a 40-acre site with walking trails and workshops. The neighborhood is 10 miles from San Bernardino and less than 20 miles from Ontario International Airport, with convenient access to the 60 Freeway. Public transit is widely available, and the area is walkable, though commuting can sometimes lead to congestion.
Home Trends in University, CA
On average, homes in University, Riverside sell after 31 days on the market compared to the national average of 51 days. The median sale price for homes in University, Riverside over the last 12 months is $550,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$550,000
Median Single Family Sale Price
$633,000
Median 2 Bedroom Sale Price
$368,000
Median 1 Bedroom Sale Price
$259,000
Average Price Per Sq Ft
$401
Number of Homes for Sale
26
Last 12 months Home Sales
80
Median List Price
$549,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%