Home Values

Riviera Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$1,039,700

  • 5.7% 1-year change
  • 1.6% 1-year forecast

The median home value in Riviera is $1,039,700. Riviera home values have gone up 5.7% over the past year and Zillow predicts they will rise 1.6% within the next year. The median list price per square foot in Riviera is $597, which is higher than the Redondo Beach average of $479. The median price of homes currently listed in Riviera is $1,139,000 while the median price of homes that sold is $1,060,000. The median rent price in Riviera is $3,650, which is higher than the Redondo Beach median of $2,700.

Foreclosures will be a factor impacting home values in the next several years. In Riviera 1.6 homes are foreclosed (per 10,000). This is greater than the Redondo Beach value of 1.0 and also lower than the national value of 4.2

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Relative ZHVI
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Riviera Market Overview

Data through Nov 30, 2014
  • $1,039,700 ZHVI
  • 1.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $1,139,000 Median listing price
  • $1,060,000 Median sale price (Oct 31, 2014)
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Riviera Market Health

Data through Nov 30, 2014
  • 6.9/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

1.6 homes Riviera
1 home Redondo Beach
4.2 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Country Hills $1,074,500
Southwood Riviera $850,200
Seaside $841,600
Name Median ZHVI
Walteria $780,100
Delthome $761,200
Southwood $750,700
Name Median ZHVI
Torrance Heights Civic $734,600
Summerwind $514,400
New Horizons South Bay $374,300

Listings & Sales

Data through Nov 30, 2014
  • $597 Median list price / sq ft
  • $688 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
5.8%
Sold below listing
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Riviera Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $3,780 Riviera
    $3,337 Redondo Beach
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $3,650 Rent list price
  • $2.25 Rent list price / sq ft
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