Moreno Valley · City update

Moreno Valley’s Number of the Month Is 2.7

Moreno Valley City Hall and its palm trees on a sunny day

If you only remember one number about Moreno Valley this month, make it this: 2.7. That’s how many months it would take to sell every home currently listed at today’s pace, and anything under three months means sellers are in control. Why does demand stay this strong? Affordability. A typical Moreno Valley home sold for about $553,500 last month, exactly the same as last year, and well under six hundred thousand. Affordable prices, more sales, and very little for sale. That’s why Moreno Valley stays competitive.

What the price numbers are really saying

The median is the middle of the market, half of Moreno Valley’s sales came in above about $553,500, half below. That’s flat from last year. Price per square foot did rise about 9.5%, to about $322, so buyers are paying more for the same space. And sellers are getting 100% of their asking price and their original list price. Every dollar, no discounting.

Supply is tight

The number of homes for sale in Moreno Valley fell about 15% from a year ago, down to 276. New listings were down about 6%. That’s what puts supply at 2.7 months, one of the tightest markets we track right now.

Demand picked up

Closed sales in Moreno Valley picked up about 6%, to 104 homes, and total dollar volume was up about 8%. One number to keep an eye on: new deals getting started dropped about a quarter, to 82. That could mean a slightly quieter month ahead.

How fast homes are moving

Homes are going under contract in about 21 days. Fast sales, full price, and very little for sale, that’s the Moreno Valley market right now.

The full September scorecard

On the supply side, Moreno Valley brought 132 (down 5.7%) new listings, held 276 (down 14.6%) active listings, and carried 2.7 (down 12.9%) months of supply. On demand, pending sales came in at 82 (down 24.1%), closed sales at 104 (up 6.1%), total closed sides at 208.0 (up 6.1%), and total closed dollar volume at $117,094,744 (up 7.7%). On price, the median came in at $553,500 (flat), the average at $562,956 (up 1.4%), and price per square foot at $322 (up 9.5%). Homes closed at 100.0% (flat) of last list price and 100.0% (flat) of original list price. On timing and activity, the median home was 21 (flat) days active in the MLS, with 5.0 (up 42.9%) showings to contract and 4.5 (up 4.7%) showings per listing.

If you’re selling

This is your market: fewer competing listings and buyers paying full price. Price it right and it’s gone. The one caution is that the median didn’t rise, so pricing above recent comps won’t hold.

If you’re buying

The affordability is real, but so is the competition. Homes go under contract in about three weeks and sell at full price, so be pre-approved and ready to commit. New deals dropped about a quarter, which takes a little of the pressure off, but not much.

The bottom line

Moreno Valley is affordable, busy, and tight, homes for sale down about 15%, fast full-price sales, and a typical home under $600K. For sellers, that means the edge is yours. For buyers, it means being ready to move. Either way, the city average isn’t your answer, your price range and your specific home are. That’s worth a real conversation before you make a move.

Frequently asked questions

What is the median home price in Moreno Valley?

The median sale price for September 2026 closings was about $553,500, exactly the same as last year.

How long are homes taking to sell in Moreno Valley?

The median home spent about 21 days active in the MLS before going under contract, unchanged from a year ago.

Are homes in Moreno Valley selling for asking price?

On average, closed homes sold at 100% of last list price and 100% of original list price. The closer that number is to 100%, the less room there was to negotiate below asking.

The Verdict: Moreno Valley Is a Seller’s Market

Moreno Valley is a seller’s market, one of the clearest seller’s markets we track. At 2.7 months of supply it sits under the three-month line where sellers are in control. Homes closed at 100% of last list price with the median at about $553,500 (flat), while pending sales at 82 (down about a quarter) show demand cooling. Net-net sellers have the advantage, because supply is tight and homes are closing at full price with no discounting.

Data source: RECore MLS / InfoSparks. All figures reflect closed residential transactions for September 2026; percentages are year-over-year changes versus September 2025.

Ashley Sabbath, Moreno Valley Market Insider
Your Moreno Valley insider

Ashley Sabbath

Tracks the number that sets the terms

Ashley covers Moreno Valley, the Inland Empire market where affordability keeps demand steady even as listings thin out. Her updates start at months of supply and work outward to what it means for pricing, timing, and how ready you need to be.