Perris, CA Home Values & Market Trends

Real estate market trends reflect that there have been 956 transactions over the past year in Perris. The median value for residential home transactions that occurred over the previous year is $505,374.26. The number of current listings in Perris is 109, and the percentage of properties for sale in the city is 109.00%. Perris, CA currently has 43 properties in foreclosure, 3 bank owned properties, 16 properties headed for auction, and 109 properties for sale.

Perris, CA Real Estate Market Overview

ZipMedian Est. Value
92570

$ 602,500

$ 292/sqft

92571

$ 521,495

$ 231/sqft

Housing Market Summary for Perris, CA

Oct 2022September 2023Change
Median Listing Price$537K$524.6K-2.30%
Median Sold Price$519.1K$524.6K1.07%
Homes For Sale14393-34.97%
Homes Sold1,003890-11.27%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

Explore recent offers and recently sold homes in Perris, CA

Browse Homes in Perris, CA

Perris home values range from $111,683 to $4,601,232. The median estimated value of a home in Perris is $505,374.26. The median list price of a home is 535,000, and the total count of properties in the city is 27,151.

Foreclosure
There are 2 zips within Perris, CA; within these zips, the median estimated home value for homes in foreclosure ranges from $629,300 in 92570 to the lowest value of $258,300 in 92570. Foreclosure homes account for 0.00% of properties in Perris, CA with 92571 containing 24 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in Perris, CA with 92571 containing 17 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Perris, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $626,250 in 92571 to the lowest home value of $258,300 in 92570.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Perris, CA ranges from the highest value of $436,500 in 92570 to the lowest value of $322,700 in 92570. Bank owned homes and properties account for 0.01% of properties in Perris, CA. There are 2 zips within Perris, CA; 92570 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    92570 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Perris, CA. Auction homes and other auction properties account for 0.06% of all properties in Perris, CA. There are 2 zips within Perris, CA; of those zips, the median estimated home value for homes going to auction ranges from $932,700 in 92570 to the lowest value of $400,000 in 92570.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.40% of residential properties in Perris, CA with 92570 containing 61 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Perris, CA; homes for sale in those zips, have a range of median values from $664,766 in 92571 to the lowest value of $299,000 in 92570.
    Sold Homes
    The median value for recently sold homes ranges from $839,616 in 92571 to the lowest price of $167,603 in 92571. There are 2 zips within Perris, CA. 92570 has 428 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.95% of properties in Perris, CA.

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      Guide for Perris, CA

      Home Buying Financing
      What is an REO Property and How to Buy It
      Home Buying Guides
      The Difference Between A Short Sale And A Foreclosure
      Home Buying Guides
      What Happens When A Property Goes Into Foreclosure?
      Home Buying Guides
      Avoiding Scams in Pre-Foreclosure Deals
      See More Articles
      What is an REO Property and How to Buy It
      Home Buying Financing|posted 27 September 2023

      Have you been interested in REO, or real estate owned, properties? RealtyTrac helps you understand what they are and how can you buy one.

      The Difference Between A Short Sale And A Foreclosure
      Home Buying Guides|posted 26 September 2023

      You know what a foreclosure is. You are familiar with short sales. But what are the true differences between them?

      What Happens When A Property Goes Into Foreclosure?
      Home Buying Guides|posted 24 September 2023

      Want to learn about the foreclosure process? Our article explains it all.

      Avoiding Scams in Pre-Foreclosure Deals
      Home Buying Guides|posted 30 August 2023

      How do you avoid scams when you are in pre-foreclosure? We’ve got the info here.

      Recently Listed Homes Perris, CA