16 homes in Nuevo
Homes for Sale in Nuevo, TN
About Nuevo, TN Real Estate
Nuevo is a rural community located east of Lake Perris and the city of Perris in Riverside County, California. The population of the census-designated place (CDP) is 6,733 according to the 2020 census, up from 6,447 at the 2010 census.
Nuevo is an unincorporated community in western Riverside County with affordable housing. Features rural atmosphere and growing development.
Today, Nuevo has 16 homes for sale at a median price of $649,800, typically selling in about 48 days.
Top Rated Schools in Nuevo
Powered by the Topfind School Score
- 7Nuview Bridge Early College Highhigh school
- 5Mountain Shadows Middleintermediate/middle/junior high
- 5Nuview Elementaryelementary
- 4Valley View Elementaryelementary
Why Live in Nuevo?
- Affordable housing
- Rural atmosphere
- Growing development
- Riverside County
Nuevo Market Pulse
Median Home Price
$575K
↓ 5.3% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
3.2 months of supply
Balanced Market16 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step—a steady flow of options without a glut. Listings typically sell in ~48 days.
Sales Velocity
How fast homes are selling
Homes are taking longer to sell—buyers have more time to negotiate and explore options. Sales 73% faster than 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in Nuevo
Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.
87%
Homeowners
13%
Renters
Homeownership is 31.5% higher than the California average (55.5%)
1,795 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $67K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$327K)
Price Reductions
9 listings have reduced their price
56% of active listings
Average reduction: 4.7% (~$31K)
Have questions about Nuevo?
Connect with a local specialist
Explore Nearby Cities
Browse homes for sale in cities near Nuevo