Murrieta, CA Housing Market
Median List Price
$710,000
Updated August 2026
Today, Murrieta has 399 homes for sale at a median list price of $710,000, typically selling in about 62 days.
Murrieta Market Analysis
The median list price in Murrieta, CA is $710,000. Current inventory stands at 399 active listings. 110 new listings came on the market in the last 30 days.
Expect a median around $324,000 for one bedroom homes and $2.7M at the seven bedroom end. Single family homes lead the mix at 76.2%. February to July saw the median price go from $666,000 to $675,000, up about 1.4%. Per square foot, the median stands at $319.
Homes here typically go under contract in about 20 days. At that pace, well priced homes attract offers quickly, so buyers should be ready to move. Addresses here fall across the 92562 and 92563 ZIP codes.
Murrieta Rental Market
The median asking rent in Murrieta, CA is $3,300. Current inventory stands at 52 active rental listings. February to July saw the median rent go from $3,000 to $3,100, up about 3.3%.
Murrieta Market Pulse
Topfind Market Read
The picture is mixed here. Sales volume is up 56% versus six months ago, yet the typical home takes about 62 days to sell, and 54% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$710K
↑ 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
3.6 months of supply
Balanced Supply399 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~62 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. The trend is moving the other way though, with selling times down 31% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 47% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Murrieta
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
69%
Homeowners
31%
Renters
Homeownership is 13.5 points higher than the California average (55.5%)
35,452 households (2023)
Affordability Snapshot
Typical home cost
$4,837/mo
Actual housing expense
Affordable budget (28%)
$2,562/mo
Based on median income
Median household income
$9,148/mo
Murrieta
A typical home costs about 53% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$207K/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
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $208K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$290K)
Price Reductions
214 listings have reduced their price
54% of active listings
Average reduction: 5.2% (~$37K)
Browse Murrieta Listings
Frequently Asked Questions about the Murrieta, CA Housing Market
What is the median home price in Murrieta, CA?
The median list price in Murrieta is $710,000 as of August 2026, based on 399 active listings.
Is Murrieta a buyer's market or a seller's market?
Murrieta currently reads as a balanced market. Active inventory works out to about 3.6 months of supply at the recent sales pace.
How fast do homes sell in Murrieta?
Homes that closed in the last 90 days typically went under contract in about 20 days. The average home currently for sale has been on the market for 62 days.
Are home prices in Murrieta going up or down?
The median sale price in Murrieta is up about 1.6% compared with a year ago.
How many homes are for sale in Murrieta, CA?
There are 399 homes for sale in Murrieta right now, including 24 listed within the last week.
What is the median rent in Murrieta?
The median asking rent in Murrieta is $3,300 per month, across 52 active rental listings.