232 homes in Moreno Valley
Moreno Valley is a growing city in western Riverside County with affordable housing and expanding employment. Features the March Field Air Museum and Box Springs Mountain recreation.
Today, Moreno Valley has 231 homes for sale at a median price of $579,999, typically selling in about 38 days.
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Median Home Price
$552K
↑ 0.4% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
2.3 months of supply
Seller's MarketWith only 232 active listings, supply is tight.
What this means for buyers
Inventory is tight relative to how many homes sell each month—buyers have fewer options, and well-priced homes draw competition. Listings typically sell in ~38 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace—buyers have some time, but competition exists. Sales 14% faster than 6 months ago.
Inventory Distribution
Homes are selling quickly—most listings move within 30 days, signaling strong buyer demand.
Housing Tenure in Moreno Valley
Homeownership is higher than average—most households in this area own rather than rent.
63%
Homeowners
37%
Renters
Homeownership is 7.5% higher than the California average (55.5%)
54,808 households (2023)
Affordability Snapshot
Typical home cost
$3,988/mo
Actual housing expense
Affordable budget (28%)
$2,041/mo
Based on median income
Median household income
$7,290/mo
Moreno Valley
A typical home costs about 55% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$171K/year
Assumes housing costs ≤28% of income
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $75K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$146K)
Price Reductions
67 listings have reduced their price
29% of active listings
Average reduction: 3.6% (~$21K)
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