The Airport Neighborhood is a diverse community located in the heart of Riverside, California. The neighborhood is home to a variety of people from all walks of life, and it offers a variety of amenities and attractions.
Click Here to view available homes for sale in the Airport Neighborhood
The Airport Neighborhood is bordered by the Santa Ana River to the south, Arlington Avenue to the east, Van Buren Boulevard to the north, and Central and Jurupa Avenues to the west. The neighborhood is served by several major roadways, including Van Buren Boulevard, which serves as a northern gateway into Riverside across the Santa Ana River.
The Airport Neighborhood is home to Riverside Municipal Airport, which is owned and operated by the City of Riverside since 1953. The airport is a major economic driver for the city, and it provides jobs for thousands of people.
The housing market in the Airport Neighborhood is currently in a state of flux. The median home price in the neighborhood is $507,000 as of April 2023, which is still 4.0% higher from a year ago. The number of homes for sale in the neighborhood is down, from 274 homes in March 2022 to 185 homes in March 2023. However, the time it takes to sell a home in the neighborhood has increased, from 20 days in March 2022 to 43 days in March 2023. This suggests that the market is becoming more balanced, with more buyers and sellers willing to negotiate.
There are a number of factors that are contributing to the current state of the housing market in the Airport Neighborhood. One factor is the rising cost of living in the Inland Empire. The cost of housing, food, and transportation has all increased in recent years, making it more difficult for people to afford to live in the area. Another factor is the influx of new residents to the Inland Empire. The region is growing rapidly, and this is putting a strain on the housing market.
Despite the challenges facing the housing market in the Airport Neighborhood, there are still a number of reasons to consider buying a home in the area. The neighborhood is located in a central location, making it easy to get around the Inland Empire. The neighborhood is also home to a number of amenities and activities, making it a great place to live, work, and raise a family.
If you’re considering buying a home in the Airport Neighborhood, it’s important to do your research and work with a qualified real estate agent. The market is currently in a state of flux, so it’s important to understand the current trends and conditions. With the right information and guidance, you can find the perfect home for your needs and budget.
If you’re considering buying or selling a home in the Airport Neighborhood of Riverside call or text me at 951-316-5916
Get instant access on up to date housing data for your zip code
Housing Market Trend for the Airport Neighborhood:
Other Riverside Neighborhoods:
