#PW25054261, Dave Cochems, Listing Office: C & M Real Estate Services
Perris Valley Housing Market Report February 2025•Riverside County, California
Housing Prices in Perris Valley, CA
How much do homes in Perris Valley, CA cost?
Housing Market Conditions
Is Perris Valley, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Perris Valley is a Neutral Market
Difference Since February 2024
At the same time last year, Perris Valley was a Seller's Market.
Perris Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Perris Valley have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Perris Valley was $575,000 in February 2025, up 5.3% from last year, and the median price per square foot was $285.
Median Sold Price By Cities
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
Perris | $515K | $555K | +7.8% |
Menifee | $548.8K | $581.2K | +5.9% |
Perris Valley | $546.2K | $575K | +5.3% |
Canyon Lake | $664.5K | $687.5K | +3.5% |
Quail Valley | $652K | $664.6K | +1.9% |
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $174.9K | $242.5K | +38.6% |
22 Bedrooms | $370K | $400K | +8.1% |
33 Bedrooms | $517.3K | $535K | +3.4% |
44 Bedrooms | $594.9K | $616.5K | +3.6% |
55+ Bedrooms | $648.6K | $680K | +4.8% |
Summary: Perris Valley housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +38.6%. The home price for 2 bedroom homes increased by +8.1%. The home price for 3 bedroom homes increased by +3.4%. The home price for 4 bedroom homes increased by +3.6%. The home price for 5 bedroom homes increased by +4.8%.
How does Perris Valley, CA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Perris Valley, CA
Housing supply in Perris Valley, CA
How many homes are available in Perris Valley, CA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
1,148Last MonthFeb 2025 | ||
1,0582 months agoJan 2025 | +8.5 % Change MoMJan – Feb |
Summary: The Perris Valley real estate market had 1,148 homes for sale in Feb 2025, a 8.5 % increase compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
181Last MonthFeb 2025 | ||
1882 months agoJan 2025 | -3.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
22 Bedrooms | 197 | 213 | +8.1% |
33 Bedrooms | 355 | 396 | +11.5% |
44 Bedrooms | 342 | 376 | +9.9% |
55+ Bedrooms | 157 | 159 | +1.3% |
11 Bedroom | 7 | 4 | -42.9% |
Summary: Perris Valley housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 2 bedroom homes increased by +8.1%. The inventory for 3 bedroom homes increased by +11.5%. The inventory for 4 bedroom homes increased by +9.9%. The inventory for 5 bedroom homes increased by +1.3%. The inventory for 1 bedroom homes decreased by -42.9%.
Asking Price vs. Sold Price
How much do homes in Perris Valley, CA cost?
Over Asking Price65 Homes
At Asking Price49 Homes
Under Asking Price67 Homes
If you're buying a home in Perris Valley, you may be able to get a good deal. 37% of homes here sold below asking price last month.
Summary: A total of 181 homes were sold or pending in Perris Valley in February 2025, down by 3.7% month-over-month. Of the 181 sold homes, 37% were sold under asking, 27% were sold at asking, and and 36% were sold over asking.
Days on Market for Perris Valley, CA
How long does it take to sell a home in Perris Valley, CA?
Breakdown of Home Sale Times
Under 30 Days81 Homes
30 – 90 Days71 Homes
Over 90 Days29 Homes
Many homes in Perris Valley are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 181 homes were sold in Perris Valley; 45% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
52 DaysThis YearFeb 2025 | ||
37 Days1 year agoFeb 2024 | +41.2 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Perris Valley had an average listing age of 52 days in Feb 2025, up by 41.2% compared to the previous year.
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Newest Listings in Perris Valley, CA
What homes are available in Perris Valley, CA?
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, for the period 03/01/2023 - 03/01/2025

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.