Adobe Stock
Adobe Stock
From October through December of 2018, there were 459 homes sold, with a median sale price of $329,500 - a 5.6% increase over the $312,000 median sale price for the same period of the previous year. There were 606 homes sold in Moreno Valley in the fourth quarter of 2017.
The median sales tax in Moreno Valley for the most recent year with available data, 2016, was $2,568, approximately 0.8% of the median home sale price for the fourth quarter of 2018.
The following table compares Moreno Valley to other Riverside County cities with similar median sales prices in the fourth quarter of 2018:
| City | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Nuevo | 12 | 24 | -50% | $349,500 | $320,000 | 9.2% |
| Homeland | 2 | 6 | -66.7% | $348,500 | $312,000 | 11.7% |
| Palm Desert | 415 | 509 | -18.5% | $345,000 | $315,000 | 9.5% |
| Beaumont | 133 | 184 | -27.7% | $340,000 | $315,000 | 7.9% |
| Menifee | 392 | 422 | -7.1% | $338,250 | $325,000 | 4.1% |
| Moreno Valley | 459 | 606 | -24.3% | $329,500 | $312,000 | 5.6% |
| Perris | 220 | 228 | -3.5% | $320,500 | $295,000 | 8.6% |
| Indio | 294 | 315 | -6.7% | $320,000 | $300,000 | 6.7% |
| Idyllwild-Pine Cove | 43 | 56 | -23.2% | $312,500 | $301,500 | 3.6% |
| Cathedral City | 159 | 188 | -15.4% | $307,000 | $293,750 | 4.5% |
| Lakeland Village | 20 | 25 | -20% | $303,000 | $245,000 | 23.7% |
Alerts Sign-up