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NW Riverside News

Monday, September 23, 2024

Rising home prices in Colton in 2021

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The median sale price of a home sold in 2021 in Colton rose by $70,000 while total sales increased by 57.1%, according to BlockShopper.com.

From January through December of 2021, there were 11 homes sold, with a median sale price of $569,000 - a 14% increase over the $499,000 median sale price for the previous year. There were seven homes sold in Colton in 2020.

The median sales tax in Colton for the most recent year with available data, 2019, was $3,847, approximately 0.7% of the median home sale price for 2021.

The following table compares Colton to other Riverside County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Mira Loma 1251222.5%$640,000$541,25018.2%
Palm Springs1,6071,5424.2%$603,000$482,25025%
La Quinta1,8141,51919.4%$600,500$507,50018.3%
Canyon Lake298304-2%$596,500$524,00013.8%
Murrieta2,3302,02415.1%$570,000$470,00021.3%
Colton 11757.1%$569,000$499,00014%
Winchester 5024648.2%$565,000$455,00024.2%
Wildomar44934131.7%$545,000$451,00020.8%
Riverside3,3682,96813.5%$530,000$450,00017.8%
Romoland 262030%$520,000$419,00024.1%
Lake Elsinore85777510.6%$500,000$415,00020.5%

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