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Moreno Valley

Why you'd want to live in Moreno Valley

Among California’s growing cities; second most populous in Riverside County. Growth can be attributed to a range of quality housing options including high-end executive homes, affordable single-family homes, and condominiums; a family-friendly lifestyle; good schools, impressive quality-of-life amenities and growing job centers. via moreno-valley.ca.us

Moreno Valley Market Report

$666,969

AVERAGE PRICE OF 376 HOMES

$464,400

AVERAGE PRICE OF 9 DISTRESSED HOMES

$3,011,680

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$566,575

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$497,604

AVERAGE PRICE OF 80 HOMES WITH A POOL

$467,021

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $666,969
Avg Bedrooms 2.86 beds
Avg Bathrooms 2.09 baths

Average Price by Bedrooms

2 bedrooms $350,626
3 bedrooms $483,233
4 bedrooms $563,443
5 bedrooms $617,132
Moreno Valley Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 409 426 474 n/a 524
Average Price $689,735 $682,128 $672,403 n/a $654,661
Avg Price Change +1.12% +1.45% n/a n/a -1.42%
Median Price $523,977 $524,981 $526,662 n/a $523,478
Med Price Change -0.19% -0.32% n/a n/a -1.80%
Avg Bedrooms 2.86 beds 2.9 beds 2.94 beds n/a 3.09 beds
Avg Bathrooms 2.09 baths 2.13 baths 2.14 baths n/a 2.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canyon Springs 16 $576,214 51 days
Moreno Valley 8 $503,474 124 days
Rancho Verde 10 $502,079 88 days
Valley View 13 $544,686 67 days
Vista Del Lago 9 $485,866 75 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 376 $666,969 102 days
Distressed Homes 9 $464,400 109 days
Multi-Million Dollar Homes 25 $3,011,680 244 days
Newly Built Homes 27 $566,575 66 days
Homes with a Pool 80 $497,604 73 days
Reduced Price Homes 11 $467,021 49 days
Westcoe Realtors Inc - Wells Real Estate Group
Kedric Wells
7191 Magnolia Ave
Riverside, CA 92504
951-334-1705
DRE# 00903954
Westcoe DRE# 00493963

Based on information from California Regional Multiple Listing Service, Inc. as of March 20, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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