The housing market in 92553 Moreno Valley, CA is thriving. The housing median value in the area is $471,000 which is significantly higher than the national median of $338,100. In addition, the one-year appreciation rate for housing in 92553 Moreno Valley is 9.15%, which is above the US average of 8.27%. This indicates that this area offers promising return on investments and further suggests a strong real estate market.
The median home cost in Moreno Valley (zip 92553) is $471,000. Home appreciation the last 10 years has been 193.0%. Home Appreciation in Moreno Valley (zip 92553) is up 17.4%.
Average Age of Homes
- The median age of Moreno Valley (zip 92553) real estate is 32 years old
The Rental Market in Moreno Valley (zip 92553)
- Renters make up 47.0% of the Moreno Valley (zip 92553) population
- 1.8% of houses and apartments in Moreno Valley (zip 92553), 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.