Murrieta, CA—92563
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Murrieta, CA
Home Price Trends — Murrieta, CA
As of Oct '25, the median home price in Murrieta, CA is $687,000, with a year-over-year change of -1.5%. This indicates that home prices in Murrieta, CA are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $687,000 | -1.5% |
| Single Family | $696,000 | -2.0% |
| Condos | $451,000 | -2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $334,000 | -4.3% |
2 Bed | $428,000 | -3.8% |
3 Bed | $619,000 | -1.7% |
4 Bed | $697,000 | -2.0% |
| 5 Bed | $766,000 | -1.9% |
% of Housing Stock
Rental Trends — Murrieta, CA
As of July '25, Rentcast reports the average rent in Murrieta, CA is $3,120, with a year-over-year rent change of 5.1%. Per bedroom, the median rent as of July '25 in Murrieta, CA is 1-bedrooms: $1,910, 2-bedrooms: $2,480, 3-bedrooms: $2,980, 4-bedrooms: $3,370. The most common rental property sizes in Murrieta, CA are 2-bedroom and 3-bedroom, accounting for 27.7% and 23.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,050 | $1,910 |
| 2 Bed Rent | $2,480 | $2,480 |
| 3 Bed Rent | $3,000 | $2,980 |
| 4 Bed Rent | $3,400 | $3,370 |
% of Rental Stock
Property Listings — Murrieta, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Murrieta, CA is 53. This is a increase of 36.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $699,000 | -2.0% |
Listing Count | 241 | 29.0% |
| Listings as % of Homes | 0.6% | 29.0% |
Days on Market | 53 | 36.0% |
Demographics — Murrieta, CA
As of the latest ACS Survey released in 2023, Murrieta, CA has a population of 77,900, which has increased by 14.3% over the past 5 years. Murrieta, CA is a popular place for families, as children make up 26.7% of the population. The area has a moderately educated workforce, with 32.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 77,900 | 14.3% |
% Under 18 | 26.7% | -16.3% |
% Seniors | 12.0% | 22.4% |
% WFH | 14.8% | 124.2% |
% w/ College Degree | 32.6% | 7.6% |
As of the latest ACS Survey released in 2023, Murrieta, CA is a predominantly white area, with 40.8% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Murrieta, CA is hispanic, making up 31.5% of the population. Foreign-born residents account for 18.1% of the population in Murrieta, CA, and this percentage has increased by 16.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 40.8% | -6.2% |
% Black | 7.1% | 12.7% |
% Hispanic | 31.5% | 0.0% |
% Asian | 13.1% | 6.5% |
% Foreign Born | 18.1% | 16.8% |
Mortgage and Risk — Murrieta, CA
According to HUD data as of 2023, there were 886 mortgage originations in Murrieta, CA, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Murrieta, CA. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 886 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Murrieta, CA
As of 2024, the percent of homes in Murrieta, CA under the Section 8 program is 0.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Murrieta, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 37 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $540 | $2,050 | $2,590 |
| 2 Bedroom | $750 | $2,480 | $3,230 |
| 3 Bedroom | $1,310 | $3,000 | $4,310 |
| 4 Bedroom | $1,850 | $3,400 | $5,250 |
Affordability — Murrieta, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $687,000 |
| Median Household Income | $119,000 |