The median sale price of a home sold in January 2020 in Moreno Valley rose by $25,250 while total sales increased by 10.6%, according to BlockShopper.com.
In January 2020, there were 146 homes sold, with a median sale price of $346,250 – a 7.9% increase over the $321,000 median sale price for the same period of the previous year. There were 132 homes sold in Moreno Valley in January 2019.
The median sales tax in Moreno Valley for the most recent year with available data, 2019, was $2,852, approximately 0.8% of the median home sale price for January 2020.
The following table compares Moreno Valley to other Riverside County cities with similar median sale prices in January 2020:
| City | Jan. 2020 Home Sales | Jan. 2019 Home Sales | % change (Total Home Sales) | Jan. 2020 Median Sales Price | Jan. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lake Elsinore | 58 | 59 | -1.7% | $376,750 | $340,000 | 10.8% |
| Aguanga | 4 | 1 | 300% | $370,750 | $389,000 | -4.7% |
| Romoland | 1 | 1 | 0% | $362,000 | $39,091 | 826% |
| Menifee | 114 | 100 | 14% | $352,500 | $350,000 | 0.7% |
| Beaumont | 38 | 34 | 11.8% | $350,000 | $336,250 | 4.1% |
| Moreno Valley | 146 | 132 | 10.6% | $346,250 | $321,000 | 7.9% |
| Perris | 45 | 56 | -19.6% | $345,500 | $325,000 | 6.3% |
| Palm Desert | 146 | 148 | -1.4% | $343,500 | $350,000 | -1.9% |
| Cathedral City | 42 | 42 | 0% | $336,250 | $319,000 | 5.4% |
| Lakeland Village | 3 | 6 | -50% | $330,000 | $264,500 | 24.8% |
| Coachella | 18 | 22 | -18.2% | $320,000 | $260,000 | 23.1% |
