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NW Riverside News

Friday, March 14, 2025

Moreno Valley home prices rise in November 2018

Webp re 11

The median sale price of a home sold in November 2018 in Moreno Valley rose by $18,500 while total sales decreased by 13.8%, according to BlockShopper.com.

In November 2018, there were 162 homes sold, with a median sale price of $328,500 - a 6% increase over the $310,000 median sale price for the same period of the previous year. There were 188 homes sold in Moreno Valley in November 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 November 2018.

The following table compares Moreno Valley to other Riverside County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Bermuda Dunes 135160%$355,000$380,000-6.6%
Lake Elsinore5475-28%$351,750$360,000-2.3%
Menifee 134139-3.6%$340,000$325,0004.6%
Beaumont4365-33.8%$340,000$320,0006.3%
Lakeland Village710-30%$329,000$223,50047.2%
Moreno Valley162188-13.8%$328,500$310,0006%
Indio9399-6.1%$315,500$303,0004.1%
Perris70657.7%$313,500$305,5002.6%
Cathedral City5258-10.3%$297,500$285,0004.4%
Anza 15-80%$295,000$89,000231.5%
San Jacinto645614.3%$286,250$270,0006%

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