The housing market in 92563 Murrieta, CA is booming. The median value of homes in this area is $638,500, which is far higher than the national median home value of $338,100. This area has experienced strong appreciation over the past year with an increase of 9.15%, which outpaces the national average of 8.27%. With these positive conditions, now is an excellent time to invest in the Murrieta real estate market.
The median home cost in Murrieta (zip 92563) is $638,500. Home appreciation the last 10 years has been 193.0%. Home Appreciation in Murrieta (zip 92563) is up 17.4%.
Average Age of Homes
- The median age of Murrieta (zip 92563) real estate is 14 years old
The Rental Market in Murrieta (zip 92563)
- Renters make up 26.3% of the Murrieta (zip 92563) population
- 0.7% of houses and apartments in Murrieta (zip 92563), 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.