In June 2021, there were 94 homes sold, with a median sale price of $432,000 - a 23.4% increase over the $350,000 median sale price for the same period of the previous year. There were 74 homes sold in Moreno Valley in June 2020.
The median sales tax in Moreno Valley for the most recent year with available data, 2019, was $2,852, approximately 0.7% of the median home sale price for June 2021.
The following table compares Moreno Valley to other Riverside County cities with similar median sale prices in June 2021:
City | June 2021 Home Sales | June 2020 Home Sales | % change (Total Home Sales) | June 2021 Median Sales Price | June 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Perris | 34 | 31 | 9.7% | $453,000 | $331,000 | 36.9% |
Palm Desert | 164 | 58 | 182.8% | $449,000 | $422,500 | 6.3% |
Lakeland Village | 2 | 1 | 100% | $447,500 | $290,000 | 54.3% |
Indio | 72 | 38 | 89.5% | $437,500 | $319,000 | 37.1% |
Idyllwild-Pine Cove | 9 | 6 | 50% | $435,000 | $325,000 | 33.8% |
Moreno Valley | 94 | 74 | 27% | $432,000 | $350,000 | 23.4% |
Cathedral City | 35 | 25 | 40% | $425,000 | $360,000 | 18.1% |
Aguanga | 3 | 1 | 200% | $425,000 | $415,000 | 2.4% |
White Water | 1 | 0 | - | $409,000 | $0 | - |
San Jacinto | 36 | 28 | 28.6% | $405,000 | $305,500 | 32.6% |
Hemet | 90 | 66 | 36.4% | $347,500 | $277,250 | 25.3% |