Moreno Valley CA

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Moreno Valley, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Moreno Valley Housing Market Information

With a population of 213,055, 50,620 total housing units (homes and apartments), and a median house value of $364,859, Moreno Valley real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Moreno Valley, accounting for 77.03% of the city's housing units. Other types of housing that are prevalent in Moreno Valley include large apartment complexes or high rise apartments ( 14.80%), duplexes, homes converted to apartments or other small apartment buildings ( 3.65%), and a few mobile homes or trailers ( 2.47%).

The most prevalent building size and type in Moreno Valley are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.79% owning and 39.21% renting.

There is a lot of housing in Moreno Valley built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Moreno Valley built between 2000 and later ( 25.22%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.38%).

Moreno Valley Home Appreciation Rates

In the last 10 years, Moreno Valley has experienced some of the highest home appreciation rates of any community in the nation. Moreno Valley real estate appreciated 132.21% over the last ten years, which is an average annual home appreciation rate of 8.79%, putting Moreno Valley in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Moreno Valley definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Moreno Valley's appreciation rate, at 4.82%, has been at or slightly above the national average. In the latest quarter, Moreno Valley's appreciation rate has been 1.81%, which annualizes to a rate of 7.44%.

Relative to California, our data show that Moreno Valley's latest annual appreciation rate is higher than 80% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Moreno Valley differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Moreno Valley - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Moreno Valley real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Moreno Valley, CA HOME PRICES

Value Range
> $1,311,000 0.5
$983,001 - $1,311,000 0.4
$655,001 - $983,000 1.5
$524,001 - $655,000 6.6
$393,001 - $524,000 30.9
$262,001 - $393,000 39.9
$131,001 - $262,000 14.9
$65,001 - $131,000 2.3
$0 - $65,000 3.0

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
15.2934306569343 66.0550458715596

Number Of Homes And Apartments:

Moreno Valley Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
165.49% 4.82%
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,170 / per month

Homeownership Rate

Owners 60.79
Renters 39.21
Vacant 6.06

Housing Market Details


Age of Homes

AGE OF Moreno Valley HOMES
2000 or Newer 25.2
1970 - 1999 66.6
1940 - 1969 7.4
1939 or Older 0.8

Types of Homes

TYPE OF Moreno Valley HOMES
Single-Family 77.0
Townhomes 2.1
Small Apt. Buildings 3.7
Apt. Complexes 14.8
Mobile Homes 2.5
Other 0.0

Home Size

SIZE OF Moreno Valley HOMES
No Bedroom 1.17
1 Bedroom 6.00
2 Bedrooms 17.77
3 Bedrooms 36.78
4 Bedrooms 30.00
5 or more bedrooms 8.28