Morongo Valley, CA Housing Market
Median List Price
$360,000
Updated August 2026
Today, Morongo Valley has 27 homes for sale at a median list price of $360,000, typically selling in about 102 days.
Morongo Valley Market Analysis
Homes in Morongo Valley, CA carry a median list price of $360,000. On a per square foot basis, the median runs $278. The median price moved from $373,800 in February to $350,000 in July, a 6.4% decrease over six months.
The typical listing reaches pending status in about 41 days. Right now 27 homes are on the market in Morongo Valley, CA. 2 new listings came on the market in the last 30 days.
Four bedroom homes carry the highest medians at $414,450, with two bedroom homes starting the range at $344,950. Single family homes make up about 88.9% of current inventory. Morongo Valley, CA sits within the 92256 ZIP code.
Morongo Valley Rental Market
Rentals in Morongo Valley, CA carry a median asking rent of $3,750. Right now 2 rentals are on the market in Morongo Valley, CA.
Morongo Valley Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 102 days to sell, and 6.8 months of supply is more than current demand absorbs. At the same time, sale prices are up 5% over the last six months, though still 6% below a year ago, and sales volume is up 13% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$360K
↓ 6% 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
6.8 months of supply
Ample Supply27 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~102 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in Morongo Valley
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
67%
Homeowners
33%
Renters
Homeownership is 11.5 points higher than the California average (55.5%)
1,695 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $550K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 8 bedrooms (+$2.1M)
Price Reductions
9 listings have reduced their price
33% of active listings
Average reduction: 11.3% (~$41K)
Browse Morongo Valley Listings
Frequently Asked Questions about the Morongo Valley, CA Housing Market
What is the median home price in Morongo Valley, CA?
The median list price in Morongo Valley is $360,000 as of August 2026, based on 27 active listings.
Is Morongo Valley a buyer's market or a seller's market?
Morongo Valley currently reads as a buyer's market. Active inventory works out to about 6.8 months of supply at the recent sales pace.
How fast do homes sell in Morongo Valley?
Homes that closed in the last 90 days typically went under contract in about 41 days. The average home currently for sale has been on the market for 102 days.
Are home prices in Morongo Valley going up or down?
The median sale price in Morongo Valley is down about 6.5% compared with a year ago.
How many homes are for sale in Morongo Valley, CA?
There are 27 homes for sale in Morongo Valley right now.
What is the median rent in Morongo Valley?
The median asking rent in Morongo Valley is $3,750 per month, across 2 active rental listings.