The housing market in 92551 Moreno Valley, CA is doing well compared to the national average. The median housing value in 92551 Moreno Valley, CA is $458,400 which is significantly higher than the US median house value of $338,100. What's even more impressive is that the US one-year house appreciation rate was 8.27%, while in 92551 Moreno Valley it was a whopping 9.15%. This shows that the housing market in this area is performing better than the average and could be an attractive investment for potential buyers or sellers.
The median home cost in Moreno Valley (zip 92551) is $458,400. Home appreciation the last 10 years has been 193.0%. Home Appreciation in Moreno Valley (zip 92551) is up 17.4%.
Average Age of Homes
- The median age of Moreno Valley (zip 92551) real estate is 27 years old
The Rental Market in Moreno Valley (zip 92551)
- Renters make up 33.3% of the Moreno Valley (zip 92551) population
- 0.4% of houses and apartments in Moreno Valley (zip 92551), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.