The housing in 92557 Moreno Valley, CA is higher than the US median value at $520,200 compared to $338,100 across the country. In the last year, Moreno Valley has seen a greater appreciation rate of 9.15% compared to 8.27% nationally. This means that homeowners and investors can expect a better return on investment in this area over the long run. The high median home value as well as the strong appreciation rate makes this city an ideal place for those looking to invest in real estate or purchase a home.
The median home cost in Moreno Valley (zip 92557) is $520,200. Home appreciation the last 10 years has been 193.0%. Home Appreciation in Moreno Valley (zip 92557) is up 17.4%.
Average Age of Homes
- The median age of Moreno Valley (zip 92557) real estate is 31 years old
The Rental Market in Moreno Valley (zip 92557)
- Renters make up 32.4% of the Moreno Valley (zip 92557) population
- 1.8% of houses and apartments in Moreno Valley (zip 92557), 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.