Welcome to our 92562 real estate data hub, tailored for investors in Murrieta, CA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 92562 in Murrieta, CA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in RIVERSIDE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Murrieta, CA real estate investing. Uncover the wealth of information available, and position yourself for success in the Murrieta property market.
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Location Overview
- Zip Code: 92562
- City: Murrieta
- State: CA
- Metro Area: Riverside-San Bernardino-Ontario, CA
- County Name: RIVERSIDE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $645,350
- Average Home Price (Single Family Homes): $656,471
- Average Monthly Rental Price (All Types): $2,377
- Price-to-Rent Ratio: 23
- Zillow Projected % appreciation from 4/2023-4/2024: 0.5%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,230
- Average 3 Bedroom Section 8 Rental Rates: $3,030
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 24.12
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 17.75
- Number of Units Offered in Section 8 in the County: 3493
- Number of Occupied Units in Section 8 in the County: 3338
- Percentage of Section 8 Units Occupied in the County: 95.59999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 209.9
- Total % Appreciation since 2000 (Government Data): 185.28
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.8%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -0.2%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 32.16%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 40.02%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 112.25%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 55.82%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 110.45%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.46%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.78%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 32.75%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 42.62%