92501, Riverside, CA

Riverside, California is located in the Inland Empire region of Southern California. The city has a population of over 210,000 and is home to many large corporations such as Hewlett-Packard and Lockheed Martin. Riverside also has a large military presence, with several bases located within the city limits.

The Riverside area was first settled in 1872 by the Van Nuys brothers. The city was officially incorporated in 1905 and grew rapidly due to its location near major transportation routes and its fertile agricultural land. The local economy was based largely on agriculture until the early 1960s, when defense spending led to an increase in manufacturing jobs. Today, Riverside is a major center for trade and commerce in Southern California.

Home prices in Riverside have been increasing steadily over the past few years, reaching a peak of $449,000 in December 2017 before beginning to decline slightly since then. As of March 2019, the average home price in Riverside is $373,500. This represents an increase of almost 20% over the past three years.