The story of this market
The typical home in ZIP 92553 sells for about $520,000, or $315 per square foot.
Prices are down 4.06% from a year ago, which gives buyers more room to negotiate. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $1,994 a month.
ZIP 92553 — Moreno Valley
The 92553 housing market is showing signs of price stabilization after a period of cooling, with a median price of $520,000. While year-over-year prices have softened slightly, the area remains an active market driven by its role as a logistics hub and its relative affordability within the Inland Empire.
This ZIP is well-suited for families and commuters seeking more affordable housing options compared to coastal Southern California, while also attracting investors due to the steady demand for rental properties.
Median prices moved down 4.1% year over year.
Homes spend a median of 39 days on market with 4.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.6% · poverty 15.7% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 92553, Riverside County CA
Crime rates in Moreno Valley are generally higher than the national average, with property crime being the most frequently reported issue in the region.
Schools in the area are part of the Moreno Valley Unified School District, which serves a large and diverse student population with varying performance metrics across elementary and secondary levels.
The area faces moderate risks related to wildfire exposure common to the Inland Empire, and property insurance premiums have been trending upward due to regional climate-related hazard assessments.
Moreno Valley serves as a major logistics and distribution hub for Southern California, benefiting from its proximity to major highway corridors and ongoing industrial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Residents primarily commute via the I-215 and SR-60 corridors, with many traveling toward employment centers in Riverside, San Bernardino, and the broader Inland Empire.
The area features access to local parks and community centers, with proximity to Lake Perris State Recreation Area for outdoor activities and various retail shopping centers along the main thoroughfares.
The rental market is characterized by high demand and limited vacancy, with rents reflecting the broader regional pressure for affordable housing in the Inland Empire.
The economy is heavily anchored by the logistics, warehousing, and distribution sectors, supported by major corporate facilities and regional retail centers.
The area is served by a network of regional highways including the I-215 and SR-60, with public transit provided by the Riverside Transit Agency.
Development is focused on expanding industrial capacity and mixed-use residential projects to accommodate population growth.
The Riverside County Assessor manages property valuations, applying Proposition 13 limits to annual tax increases.
Parcels are subject to various special districts including school districts, community college districts, and potential Mello-Roos community facilities districts.
Property insurance markets are tightening due to regional wildfire risk, leading to increased premiums for homeowners.
Data sourced from US Census Bureau and ZCTA-level profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Major regional destination for boating, fishing, and camping.
Primary retail anchor for the city and surrounding communities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.