RIVERSIDE – Peter Aldana, the assessor, county clerk and recorder for Riverside County, announced the completion of the 2024 Assessment Roll, delivered ahead of schedule in accordance with Revenue and Taxation Code Section 619. This year’s Assessment Roll reflects a total assessed value of $432.97 billion, a 7.11% increase over the previous year, and includes all locally assessable property within the county’s 28 cities and unincorporated areas.The 2024 Assessment Roll reveals several key trends in the county’s real estate market. Despite a reduction in property transfer volumes, home prices held steady, with the median home price now at $618,000, according to Redfin. The resilience of the commercial and industrial sectors has also positively impacted the overall assessed value
