218 homes in Moreno Valley
Homes for Sale in Moreno Valley, CA
About Moreno Valley, CA Real Estate
Moreno Valley is a city in Riverside County, California, United States, and is part of the Riverside–San Bernardino metropolitan area. It is the second-largest city in Riverside County by population and one of the Inland Empire's population centers. The city's population was 208,634 at the 2020 census. Moreno Valley is also part of the greater Los Angeles metropolitan area.
Moreno Valley is a growing city in western Riverside County with affordable housing and expanding employment. Features the March Field Air Museum and Box Springs Mountain recreation.
Today, Moreno Valley has 218 homes for sale at a median price of $575,000, typically selling in about 39 days.
Moreno Valley Market Analysis
Moreno Valley currently shows a median list price of $575,000. There are 218 homes currently listed for sale in Moreno Valley. 86 new listings came on the market in the last 30 days.
Two bedroom homes are the most affordable tier at a median of $415,000, while five bedroom homes top the range at $672,500. The housing stock skews toward single family homes, at about 91.7% of active listings. Over the last six months, the median price has risen about 1.9%, from $535,000 in February to $545,000 in July. Per square foot, the median stands at $306.
Median time from listing to accepted offer is about 14 days. At that pace, well priced homes attract offers quickly, so buyers should be ready to move. Hidden Springs Elementary carries the top Topfind School Score among nearby campuses, at 7. The area spans the 92555, 92557, 92551, and 92553 ZIP codes.
Top Rated Schools in Moreno Valley
Powered by the Topfind School Score
- 7Hidden Springs Elementaryelementary
- 7North Ridge Elementaryelementary
- 7Victoriano Elementaryelementary
- 6Bear Valley Elementaryelementary
- 6Mary McLeod Bethune Elementaryelementary
- 6Valley View Highhigh school
Why Live in Moreno Valley?
- Affordable housing for families
- March Field Air Museum
- Growing logistics employment
- Box Springs Mountain recreation
Popular Neighborhoods in Moreno Valley
Moreno Valley Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.5 months of supply, yet 33% of sellers have trimmed their asking price, and sale prices have eased 2% over the last six months and are 2% below a year ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$575K
↓ 2% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.5 months of supply
Tight Supply218 active listings against the current sales pace works out to about 2.5 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~39 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 28% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Moreno Valley
Homeownership is higher than average, and most households in this area own rather than rent.
63%
Homeowners
37%
Renters
Homeownership is 7.5 points higher than the California average (55.5%)
54,808 households (2023)
Affordability Snapshot
Typical home cost
$3,955/mo
Actual housing expense
Affordable budget (28%)
$2,041/mo
Based on median income
Median household income
$7,290/mo
Moreno Valley
A typical home costs about 54% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$170K/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $77K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$149K)
Price Reductions
71 listings have reduced their price
33% of active listings
Average reduction: 3.7% (~$21K)
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Frequently Asked Questions about Homes for Sale in Moreno Valley, CA
How many homes are for sale in Moreno Valley, CA?
There are currently 218 homes for sale in Moreno Valley, ranging from $469,000 to $995,000. 19 of them hit the market within the last week.
What is the median home price in Moreno Valley?
The median list price in Moreno Valley is $575,000. Price per square foot averages $319. Prices are down 2.1% compared to a year ago.
How fast do homes sell in Moreno Valley?
Homes in Moreno Valley currently average 39 days on the market, a steady pace.
Is Moreno Valley a buyer's or seller's market right now?
Current conditions point to a balanced market. 71 active listings have reduced their asking price, which signals where sellers are willing to negotiate.