Real Estate Market Update for 92555 (Moreno Valley, CA)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 15% from one year earlier, and up 1% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 360-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 28%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 310-thousand dollars. The number of units sold increased 14% year-over-year, and increased 16% 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.
Show Transcript
Map Information for 92555 (Moreno Valley, CA)
Area Information for 92555 (Moreno Valley, CA)
  • Population: 40,847
  • Median Age: 31.9 yr
  • Median Commute Time: 35 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 506/sq mi
  • Population Change Since 2000: 214.34%
  • Closest Airport: Ontario International
  • Closest College: University Of Redlands
  • Closest Jr. College: Riverside Comm College-moreno Valley
  • Median Household Income: $73,600
  • Annual Residential Turnover: 19%
  • Median Home Sales Price: $280,750
  • Closest Major Sports Team: Inland Empire 66ers (a)
  • Change Avg. Household Income Since 2000: 21.69%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 92555 (Moreno Valley, CA)
Median Age: 31.9 Married: 39% Number of Households: 11,282 Households with Children: 5,003
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 92555 (Moreno Valley, CA)

      School Name Distance Type Grades School Rating Parent Rating
      Ridge Crest Elementary School 3.4 mi Public K-5 1 0
      Landmark Middle School 4.7 mi Public 6-8 2 0
      La Jolla Elementary School 4.7 mi Public K-5 1 0
      Calvary Chapel Christian 5.0 mi Private K-12 0 0
      Jan Peterson Child Day Care Center 5.5 mi Private PRESCHOOL-K 0 0
      Valley View High School 5.5 mi Public 9-12 3 3
      Valley Christian Academy 5.6 mi Private PRESCHOOL-8 0 0
      Moreno Elementary School 5.7 mi Public K-5 2 0
      Mountain View Middle School 6.0 mi Public 6-8 1 0
      Monarch Christian Academy 6.0 mi Private 1-12 0 0
      Lasselle Elementary School 6.2 mi Public K-5 3 0
      Bear Valley Elementary School 6.4 mi Public K-5 1 0
      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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 92555 (Moreno Valley, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.