92256 Housing Market
Median List Price
$360,000
Updated August 2026
Today, the 92256 ZIP code in Morongo Valley, CA has 27 homes for sale at a median list price of $360,000, typically selling in about 102 days.
92256 Housing Market Overview
The median list price in the 92256 ZIP code is $360,000. That is roughly in line with the Morongo Valley median. Current inventory stands at 27 active listings. February to July saw the median price go from $373,800 to $350,000, down about 6.4%.
92256 Area 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 6% over the last six months and 2% over the past year, 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
↑ 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
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 92256 Area
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 92256 Listings
Frequently Asked Questions about the 92256 Housing Market
What is the median home price in the 92256 ZIP code?
The median list price in the 92256 ZIP code is $360,000 as of August 2026, based on 27 active listings.
Is the 92256 ZIP code a buyer's market or a seller's market?
The 92256 ZIP code 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 the 92256 ZIP code?
The average home currently for sale in the 92256 ZIP code has been on the market for 102 days.
Are home prices in the 92256 ZIP code going up or down?
The median sale price in the 92256 ZIP code is up about 1.9% compared with a year ago.
How many homes are for sale in the 92256 ZIP code?
There are 27 homes for sale in the 92256 ZIP code right now.