Moreno Valley Real Estate Market Trends
Market Overview for Quarter 3, 2024
Median Sale Price
3.3% YoY
Median Price/Sqft
6.4% YoY
No. of Transactions
-78.7% YoY
County Median Sale Price
5.2% YoY
In Q3, the median home sale price in Moreno Valley was $552K, a change of 3.3% year-over-year. There were a total of 74 transactions, down -78.7% compared to the same period last year. In Q3, the median price per square foot was $315, a change of 6.4% year-over-year. The median home sale price in Riverside County was $605K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Riverside County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Rancho Mirage | $973,000 |
| 2 | Temecula | $785,500 |
| 3 | Corona | $750,000 |
| 4 | LA Quinta | $733,000 |
| 5 | Jurupa Valley | $685,000 |
| 6 | Murrieta | $670,000 |
| 7 | Riverside | $669,250 |
| 8 | Winchester | $639,000 |
| 9 | Wildomar | $630,000 |
| 10 | Palm Desert | $591,250 |
| 11 | Perris | $580,000 |
| 12 | Lake Elsinore | $575,250 |
| 13 | Indio | $570,500 |
| 14 | Menifee | $570,000 |
| 15 | Palm Springs | $555,000 |
| 16 | Moreno Valley | $552,500 |
| 17 | Beaumont | $537,500 |
| 18 | San Jacinto | $480,000 |
| 19 | Hemet | $460,000 |
| 20 | Cathedral City | $439,000 |
| 21 | Banning | $399,000 |
| 22 | Desert Hot Springs | $370,000 |
Residential Property Types Sold in Moreno Valley
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | - | - | - | - | 0 |
| House | $560K | 1.9% | $319 | 6% | 70 |
The median sale price for houses in Moreno Valley in Q3 was $560K, showing no significant change year-over-year. Moreno Valley condos also showed static pricing trends year-over-year, coming in at - in Q3.
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