Real Estate Market Update for Moreno Valley, CA
Welcome to May'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 33% from one year earlier, and down 19% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 280-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold did not change ... reflecting virtually no change in the local inventory-turnover rate. The median sale price was just over 250-thousand dollars. The number of units sold increased 4% year-over-year, and decreased 1% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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 Moreno Valley, CA
Area Information for Moreno Valley, CA
  • Population: 201,847
  • Median Age: 28.01 yr
  • Median Commute Time: 29.1 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 3,937/sq mi
  • Population Change Since 2000: 41.23%
  • Closest Airport: Ontario International
  • Closest College: University Of Redlands
  • Closest Jr. College: Riverside Comm College-moreno Valley
  • Median Household Income: $57,608
  • Annual Residential Turnover: 17.35%
  • Median Years in Residence: 3.7 yr
  • Median Home Sales Price: $156,000
  • Closest Major Sports Team: Anaheim Ducks
  • Change Avg. Household Income Since 2000: 22%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Moreno Valley, CA
Median Age: 28.01 Married: 27% Number of Households: 53,559 Households with Children: 30,062
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 Moreno Valley, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Landmark Middle School 0.2 mi Public 6-8 2 2
      La Jolla Elementary 0.5 mi Public K-5 1 5
      Ridge Crest Elementary 1.3 mi Public K-5 1 4
      Valley Christian Academy 1.6 mi Private PRESCHOOL-8 0 5
      Lasselle Elementary 1.7 mi Public K-5 3-5 5
      Vista Del Lago High School 1.7 mi Public 9-12 1 2
      Jan Peterson Child Day Care Center 1.8 mi Private PRESCHOOL-K 0 0
      Moreno Elementary 2.0 mi Public K-5 2 4
      Vista Verde Middle School 2.1 mi Public 6-8 3 3
      Victoriano Elementary 2.1 mi Public K-5 4-5 4
      Valley View High School 2.3 mi Public 9-12 2-5 3
      Hendrick Ranch Elementary 2.4 mi Public K-5 2 4
      Mountain View Middle School 2.5 mi Public 6-8 2-5 3
      Excel Prep Charter Le 2.5 mi Public - 0 0
      Moreno Valley Christian 2.5 mi Private K-8 0 3
      Monarch Christian Academy 2.5 mi Private 1-12 0 0
      Armada Elementary 2.6 mi Public K-5 1 2
      Bethune (mary Mcleod) Elementary 2.6 mi Public K-5 2-5 3
      Val Verde Academy 2.8 mi Public K-12 0 0
      Morning Dove Christian 2.9 mi Private K-12 0 0
      Butterfield Elementary 2.9 mi Public PRESCHOOL-5 1 3
      Chaparral Hills Elementary 3.0 mi Public K-5 2 4
      Bear Valley Elementary 3.0 mi Public K-5 2 4
      Badger Springs Middle School 3.1 mi Public 6-8 1 3
      Moreno Valley Community Learning Center 3.1 mi Public 6-12 0 0
      Bayside Community Day 3.1 mi Public 10-12 1 3
      Rancho Verde High School 3.2 mi Public 9-12 3 2
      Sunnymead Montessori School 3.2 mi Private PRESCHOOL-2 0 4
      Ramona Elementary 3.3 mi Public K-5 2 3
      March Middle School 3.3 mi Public 6-8 3 4
      Rainbow Ridge Elementary 3.3 mi Public K-5 3 4
      Calvary Chapel Christian 3.3 mi Private K-12 0 3
      Riverside County Education Academy 3.6 mi Public 9-12 0 0
      Serrano Elementary 3.7 mi Public K-5 1 4
      March Valley 3.8 mi Public 9-12 0 3
      Moreno Valley Online Academy 3.8 mi Public K-12 0 0
      Moreno Valley Adult Education 3.8 mi Public - 0 0
      March Mountain High (cont) 3.8 mi Public 10-12 0 2
      Cloverdale Elementary 3.8 mi Public K-5 1 4
      Palm Middle School 3.9 mi Public 6-8 2-5 3
      Creekside Elementary 4.1 mi Public K-5 1 4
      Valley Adventist Christian School 4.2 mi Private K-8 0 5
      Sunnymead Elementary 4.2 mi Public K-5 1 2
      Sunnymead Middle School 4.4 mi Public 6-8 1 2
      Rainbow Springs 4.4 mi Public 2-2 0 0
      Kindercare Learning Center 4.5 mi Private PRESCHOOL-K 0 0
      Big Springs 4.5 mi Private 2-6 0 4
      North Ridge Elementary 4.6 mi Public K-5 4 5
      Moreno Valley High School 4.8 mi Public 9-12 2 2
      Alessandro School 4.9 mi Public K-12 2 0
      Country Day School 5.1 mi Private 1-12 0 0
      Sunnymeadows Elementary 5.1 mi Public K-5 1 3
      Midland Elementary 5.2 mi Public K-5 2 4
      Honey Hollow Elementary 5.6 mi Public K-5 1 3
      Sugar Hill Elementary 5.7 mi Public K-5 1 3
      Towngate Elementary 5.8 mi Public PRESCHOOL-5 2 4
      Canyon Springs High School 6.4 mi Public 9-12 2-5 3
      Edgemont Elementary 6.4 mi Public K-5 2 4
      Box Springs Elementary 6.6 mi Public K-5 1 4
      Vista Heights (middle) 6.6 mi Public 6-8 3 3
      Hidden Springs Elementary 6.8 mi Public K-5 3 4
      Foothill Baptist School 7.1 mi Private K-12 0 0
      Seneca Elementary 7.6 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 © 2015
      Local Weather for Moreno Valley, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.