Moreno Valley Real Estate & Homes for Sale in Riverside County, California

Moreno Valley, California Average Home Sizes and Asking Prices

Updated On: May 19, 2012

Zipcode	Single Family Home					Townhome or Condo
	4 BR		3 BR		#Lst	3 BR		2 BR		#Lst
92551	2,300 sf	$184,000	1,400 sf	$140,000	75			1,400 sf	$87,000	17
92553	1,800 sf	$170,000	1,400 sf	$135,000	135	1,300 sf	$95,000			6
92555	2,500 sf	$228,000	2,100 sf	$192,000	206	1,600 sf	$99,000	1,300 sf	$89,000	42
92557	2,000 sf	$205,000	1,500 sf	$175,000	126

Change and Trend of Asking Price in 92551	Check Also  More Zip Code 92553 92555 92557

Sold Price History in 92551

Homes for Sale in Moreno Valley

Moreno Valley Real Estate & Homes for Sale in California

Moreno Valley is located in the heart of Southern California's Inland Empire, halfway between Los Angeles and Palm Springs. Highway 60 and I-215 provide residents with easy access to local mountains, beaches and deserts. The city encompasses 50 square miles with a great deal of open space, numerous mountain trails for hiking and biking and numerous parks.

The community has experienced a strong population growth over the past decade thanks to affordable housing prices. Moreno Valley is now home to more than 171,000 residents that enjoy a strong economy, lush landscapes, a low crime rate and a good school system.

Moreno Valley is a typical Southern California city with residents taking advantage of the excellent weather to enjoy a wide variety of recreational opportunities. While the city has been known as a commuter community, strong growth in the retail and manufacturing sectors within Moreno Valley and in surrounding communities is lessening the need for residents to hit the road.

The real estate market is comprised mainly of traditional, multi-story detached homes located on large lots. Some homes are also located within gated communities and in new home subdivisions. A few condominiums and townhouses are scattered throughout.

Moreno Valley began as a small-town community and has grown to become a giant within the Inland Empire. The city was incorporated in 1984 and its population has nearly tripled since. Moreno Valley has become one of the most dynamic economic market potentials in California today.

| Moreno Valley City Guide |

Moreno Valley Real Estate Market: Price Range of Moreno Valley Homes for Sale

Real estate throughout Moreno Valley features a fine selection of homes in a wide range of price points. Future residents can choose from a variety of amenities and communities, whether they are looking for rural or ranch properties, or are just looking to take advantage of suburban living. Pricing for condominiums and townhouses in Moreno Valley begin at around $75,000 to $150,000. Moreno Valley's single-family homes market includes homes that are priced from $90,000 to $600,000. Hilltop estates and horse properties are usually priced in the higher end of the pricing spectrum.

"Rita Armijo : Your Real Estate Expert in Moreno Valley, California"
Rita Armijo	Premier Properties 10722 Arrow Route - #802 Rancho Cucamonga, California 91730 Email: ritaarmijo@gmail.com Direct: 909-855-5538 Fax: 888-959-6767 CA# 01247660
Rita Armijo: "Helping Homeowners One Step at a Time" As an experienced realtor who is proud to work in the community that she has called home for the past 35 years, Rita has the patience, market knowledge and passion to help turn your move to the Inland Empire into a success. Rita has been a licensed Realtor® for 14 years. She worked in the mortgage industry as a loan officer, escrow officer, and account executive. Read More About Rita

Moreno Valley Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $139,521 compared to $142,143 the previous week, showing a decrease of less than -2%.  For Friday, May 18th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Moreno Valley CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Moreno Valley to help you find the best home!