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NW Riverside News

Monday, September 23, 2024

The second half of 2021: Home prices in Beaumont increased

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The median sale price of a home sold in the second half of 2021 in Beaumont rose by $109,500 while total sales decreased by 27.6%, according to BlockShopper.com.

From July through December of 2021, there were 267 homes sold, with a median sale price of $494,500 - a 28.4% increase over the $385,000 median sale price for the same period of the previous year. There were 369 homes sold in Beaumont in the second half of 2020.

The median sales tax in Beaumont for the most recent year with available data, 2019, was $5,304, approximately 1.1% of the median home sale price for the second half of 2021.

The following table compares Beaumont to other Riverside County cities with similar median sale prices in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Lake Elsinore383502-23.7%$520,000$430,50020.8%
Nuevo 1943-55.8%$515,000$410,00025.6%
Rubidoux 89100-11%$512,000$437,50017%
Mountain Center 1342-69%$500,000$502,000-0.4%
Calimesa4481-45.7%$495,000$405,00022.2%
Beaumont267369-27.6%$494,500$385,00028.4%
Menifee 7561,015-25.5%$490,000$399,00022.8%
Idyllwild-Pine Cove 90220-59.1%$485,000$378,75028.1%
Palm Desert7481,305-42.7%$485,000$385,00026%
Homeland 1115-26.7%$485,000$394,77322.9%
Moreno Valley816951-14.2%$475,000$381,50024.5%

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