Real Estate Market Update for 92553 (Moreno Valley, CA)
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Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was stable from one year earlier, and down 12% from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the previous month. As you can see, the median listing price for the month was just under 240-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 29%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 230-thousand dollars. The number of units sold increased 11% year-over-year, and increased 8% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 92553 (Moreno Valley, CA)
Area Information for 92553 (Moreno Valley, CA)
  • Population: 76,171
  • Median Age: 26.28 yr
  • Median Commute Time: 28.25 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 7,519/sq mi
  • Population Change Since 2000: 24.62%
  • Closest Airport: Ontario International
  • Closest College: University Of California-riverside
  • Closest Jr. College: Sage College
  • Median Household Income: $46,304
  • Annual Residential Turnover: 18.67%
  • Median Years in Residence: 3.15 yr
  • Median Home Sales Price: $135,000
  • Closest Major Sports Team: Anaheim Ducks
  • Change Avg. Household Income Since 2000: 18%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 92553 (Moreno Valley, CA)
Median Age: 26.28 Married: 23% Number of Households: 19,385 Households with Children: 11,869
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 92553 (Moreno Valley, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Creekside Elementary School 0.1 mi Public K-5 1 4
      Sunnymead Elementary School 0.3 mi Public K-5 1 2
      Rainbow Springs 0.5 mi Public PRESCHOOL-PRESCHOOL 0 0
      Sunnymead Middle School 0.6 mi Public 6-8 1 2
      Moreno Valley High School 0.6 mi Public 9-12 2 2
      Alessandro School 0.6 mi Public K-12 2 0
      March Mountain High School 0.7 mi Public 10-12 2 2
      March Valley School 0.7 mi Public 9-12 1 3
      Sunnymeadows Elementary School 0.9 mi Public K-5 1 3
      Ramona Elementary School 1.0 mi Public K-5 2 3
      Sunnymead Montessori School 1.1 mi Private PRESCHOOL-2 0 4
      Valley Adventist Christian 1.1 mi Private K-8 0 0
      Moreno Valley Community Learning Center 1.1 mi Public 6-12 0 0
      Bayside Community Day School 1.1 mi Public 10-12 1 3
      Serrano Elementary School 1.2 mi Public K-5 1 4
      Badger Springs Middle School 1.5 mi Public 6-8 1 3
      Chaparral Hills Elementary School 1.6 mi Public K-5 2 4
      Towngate Elementary School 1.6 mi Public PRESCHOOL-5 2 4
      Butterfield Elementary School 1.6 mi Public PRESCHOOL-5 1 3
      Moreno Valley Christian School 1.8 mi Private K-8 0 3
      Hendrick Ranch Elementary School 1.8 mi Public K-5 2 4
      Edgemont Elementary School 2.2 mi Public K-5 2 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 92553 (Moreno Valley, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.