125 homes in near Murrieta Canyon Academy
Homes for Sale near Murrieta Canyon Academy
Murrieta, CA
About Homes near Murrieta Canyon Academy
About Murrieta: Murrieta Canyon Academy is located in Murrieta. Murrieta is a city in southwestern Riverside County, California, United States. The population of Murrieta was 110,949 as of the 2020 census. Murrieta experienced a 133.7% population increase between 2000 and 2010, making it one of the fastest-growing cities in the state during that period. Largely residential, Murrieta is typically characterized as a bedroom community. Murrieta is bordered by the city of Temecula to the south, the cities of Menifee and Wildomar to the north, and the unincorporated community of French Valley to the east. Murrieta is at the center of the Los Angeles-San Diego mega-region. Murrieta is named for Juan Murrieta, a Californio ranchero who founded the town.
These are homes for sale within about 2 miles of Murrieta Canyon Academy in Murrieta (Topfind School Score: 7/10). The area around the school has 125 active listings.
Murrieta Canyon Academy Area Market Pulse
Topfind Market Read
The picture is mixed here. Supply sits at 3.3 months, roughly in step with demand, yet the typical home takes about 66 days to sell, and 47% 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
$670K
↓ 3% 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
3.3 months of supply
Balanced Supply125 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 ~66 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 35% 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 Canyon Academy Area
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)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $289K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$534K)
Price Reductions
59 listings have reduced their price
47% of active listings
Average reduction: 4.8% (~$32K)
Murrieta Canyon Academy Area Market Overview
Murrieta Canyon Academy is a K-12 school in the Murrieta Valley Unified district. Its Topfind School Score is 7. Homes in the Murrieta Canyon Academy area carry a median list price of $669,900. That is about 6.8% below the Murrieta median. The median price moved from $619,900 in February to $650,000 in July, a 4.9% increase over six months. Right now 125 homes are on the market in the Murrieta Canyon Academy area. The homes shown here are near Murrieta Canyon Academy rather than confirmed within an attendance zone, so verify enrollment eligibility with the district.
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Frequently Asked Questions about Homes near Murrieta Canyon Academy
How many homes are for sale in Murrieta Canyon Academy Area, CA?
There are currently 125 homes for sale in Murrieta Canyon Academy Area, ranging from $325,000 to $10,500,000. 9 of them hit the market within the last week.
What is the median home price in Murrieta Canyon Academy Area?
The median list price in Murrieta Canyon Academy Area is $669,900. Price per square foot averages $387. Prices are down 3.2% compared to a year ago.
How fast do homes sell in Murrieta Canyon Academy Area?
Homes in Murrieta Canyon Academy Area currently average 66 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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