In May 2021, there were 27 homes sold, with a median sale price of $553,000 - a 27.1% increase over the $435,000 median sale price for the same period of the previous year. There were 12 homes sold in Winchester in May 2020.
The median sales tax in Winchester for the most recent year with available data, 2016, was $4,772, approximately 0.9% of the median home sale price for May 2021.
The following table compares Winchester to other Riverside County cities with similar median sale prices in May 2021:
City | May 2021 Home Sales | May 2020 Home Sales | % change (Total Home Sales) | May 2021 Median Sales Price | May 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Bermuda Dunes | 8 | 1 | 700% | $621,250 | $42,000 | 1379.2% |
Murrieta | 115 | 43 | 167.4% | $577,000 | $412,000 | 40% |
Nuevo | 3 | 1 | 200% | $564,000 | $265,000 | 112.8% |
Lakeview | 1 | 0 | - | $560,000 | $0 | - |
Wildomar | 19 | 10 | 90% | $555,000 | $382,500 | 45.1% |
Winchester | 27 | 12 | 125% | $553,000 | $435,000 | 27.1% |
Romoland | 1 | 2 | -50% | $532,000 | $357,500 | 48.8% |
Riverside | 121 | 77 | 57.1% | $510,000 | $425,000 | 20% |
Palm Desert | 126 | 42 | 200% | $499,000 | $395,000 | 26.3% |
Rubidoux | 7 | 7 | 0% | $490,000 | $418,000 | 17.2% |
Lake Elsinore | 33 | 24 | 37.5% | $490,000 | $394,500 | 24.2% |