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Moreno Valley · Homes for Sale

Moreno Valley Homes for Sale Under $400,000

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Below is a daily Moreno Valley search set under $400,000, plus Redfin and Census figures that show where this budget sits. About 21% of Moreno Valley owner-occupied homes carry an owner estimate under $400,000 in ACS 2020-2024.

Census Housing Data

Buildings of five or more units hold 15% of Moreno Valley housing, per ACS 2020-2024. The Census ACS 2020-2024 median value for owner-occupied Moreno Valley homes is $504,000. About 4% of Moreno Valley housing units were built before 1960, per ACS 2020-2024. Detached single-family homes make up 77% of Moreno Valley housing units in ACS 2020-2024. Two to four unit buildings account for 4% of Moreno Valley units. A large 28% of units here were built in 2000 or later.

Market Pace

For condos and co-ops, median time on market was 60 days. Inventory of condos in Moreno Valley was about 17 listings. The sale to list ratio for condos averaged 100.6%. Sellers added 410 fresh listings over those three months. Supply across the city stood at 2.5 months. Redfin found 33% of Moreno Valley homes under contract within two weeks of listing.

Price Points

The condo median in Moreno Valley was $335,000 across 13 closings. The condo price per square foot came in near $268. Citywide, buyers paid a median of $314 per square foot. Detached houses in Moreno Valley sold at a median of $556,000 on 337 sales. New listings in Moreno Valley asked a median of $545,000 during the quarter.

What to Verify

FHA loans on condos need a project the program accepts. Check for any planned special assessment. Ask how many units in the building are rented. General information, not lending, legal or tax advice; a licensed lender or tax pro can speak to your case.

Selling a Moreno Valley home first? Get a free home value from Jay before you shop.

See also: Moreno Valley homes under $500,000.

Sources: U.S. Census ACS 2020-2024 5-year estimates and Redfin, a national real estate brokerage (Jul-Sep 2026).

Jay Romero, Broker, DRE 01343079 | Miamar Realty | Call (949) 822-8702

Miamar Realty | Corporate DRE #02192235 | 14241 Firestone Blvd #400, La Mirada, CA 90638 | Equal Housing Opportunity.

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