What is the median price for Condos & Condominiums in Moreno Valley?

The median price for Condos & Condominiums in Moreno Valley, CA is $400,000 based on 56 recent closed sales.

Is the Moreno Valley market hot for condos & condominiums?

The Moreno Valley condos & condominiums market is currently cold with 4.7 months of supply and 4.7 closed sales per month.

How do I get an appraisal for a condos & condominiums in Moreno Valley?

Call (909) 266-0644, text (909) 566-2866, or schedule online at ScheduleAppraisal.com. Certified residential appraisals start at $350.

Riverside County · 🏢 Condos & Condominiums

Updated today · based on latest MLS activity

Condos & Condominiums Market Report — Moreno Valley, CA

Median price $400,000 with a cold market, 56 closed sales, and 4.7 months of supply.

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Certified Residential Appraiser Lic #041145 | CA AMC Lic #3006906

Market Summary

$400,000

Median Price

$262.0/sf

Median PSF

11.6%

Price Change

Cold

Market Temperature

4.7 mo

Absorption Rate

📈 Buyer

Market Type

What's Your Condos & Condominiums Worth in Moreno Valley?

Based on 56 recent closed sales, a typical condos & condominiums in Moreno Valley falls in this range:

$320,000 – $480,000

Actual value depends on size, condition, location, and lot. Text your address for a precise estimate.

Text (909) 566-2866 for Your Value →

Supply & Demand

Activity

Active listings: 39

Pending: 15

Closed / month: 4.7

Market balance: Buyer Strong

Recommendation

Use recent condos & condominiums sales to price for a cold market in Moreno Valley.

Review pending count and active supply before making price or offer timing decisions in this cold segment.

Inventory

Active

Pending

Closed 30d

Closed 90d

$400,000

Median Active Price

116

Avg Days Active

Monthly Trend Chart

$370,000

25-05

$185,000

25-06

$319,500

25-07

$375,000

25-08

$360,000

25-09

$343,500

25-10

$373,450

25-11

$390,000

25-12

$280,000

26-01

$335,000

26-03

$400,000

26-04

$405,000

26-05

📈 Rising trend · 4.7 sales/month average

Recent Sales

16000 Lasselle

Close Price: $458,500

Close Date: 2026-05-22

Beds / Baths: 3 / 3

Sq Ft: 1,674

$/sf: $274

16000 Lasselle

Close Price: $458,500

Close Date: 2026-05-22

Beds / Baths: 3 / 3

Sq Ft: 1,674

$/sf: $274

26279 Iris

Close Price: $405,000

Close Date: 2026-05-21

Beds / Baths: 3 / 3

Sq Ft: 1,544

$/sf: $262

26279 Iris

Close Price: $405,000

Close Date: 2026-05-21

Beds / Baths: 3 / 3

Sq Ft: 1,544

$/sf: $262

26279 Iris

Close Price: $405,000

Close Date: 2026-05-21

Beds / Baths: 3 / 3

Sq Ft: 1,544

$/sf: $262

What to Know About Condos & Condominiums in Moreno Valley

Condominiums in Moreno Valley serve a distinct slice of the Inland Empire market where buyers balance payment sensitivity with convenience, amenities, and lower maintenance ownership. The clearest pricing differences usually come from HOA quality, project reputation, parking, and whether a unit feels competitive with nearby entry-level detached options.

For Condo Buyers & Investors in Moreno Valley

Condo valuations in Moreno Valley depend heavily on HOA financials, special assessment history, and comparable sales within the same complex. Lenders scrutinize condo project approval status, warrantability, and owner-occupancy ratios.

Thomas Appraisal has deep experience with condo valuations across Southern California. Whether you are buying, selling, or refinancing, get a certified appraisal that reflects true market value — not just the last sale in the building.

Condos & Condominiums FAQ

What should I compare first for condo comps in Moreno Valley?

For condos in Moreno Valley, buyers usually compare the complex first and the unit second. HOA quality, amenities, parking, floor level, view, and monthly dues often matter as much as square footage when explaining price differences.

Do HOA dues affect condo value in Moreno Valley?

Yes. Higher dues can be supported when they clearly cover strong amenities, exterior maintenance, or gated access, but they can also cap buyer affordability. In Moreno Valley, condo pricing works best when you compare units with similar HOA obligations and community quality.

Should attached and detached condos be mixed together?

Usually no. Detached condos in Moreno Valley often compete with small single-family homes, while attached units compete more directly inside the same project type. Keeping those groups separate helps preserve a cleaner value range.

Why do condo values vary so much between neighboring communities?

Condo buyers in the Inland Empire are highly sensitive to community feel, financing friendliness, and shared-area maintenance. Two nearby projects in Moreno Valley can show very different pricing if one has stronger upkeep, better parking, or lower perceived risk.

Your Appraiser: Lionel Newman Thomas

Certified Residential Appraiser Lic #041145 | CA AMC Lic #3006906

Certified Residential Real Estate Appraiser with 17 years of experience serving the Inland Empire and greater Southern California. Lionel provides accurate, defensible valuations backed by CRMLS data and deep local market knowledge.

📞 (909) 266-0644 💬 Text (909) 566-2866