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Cheap Homes in Perris, CA 92571

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Perris, CA Foreclosures

Current Market Conditions in in Perris, CA As of February 2026?
In the past month, the Perris real estate market has remained stable, with slight fluctuations in home prices. The average time on market has decreased, indicating a rise in buyer interest and activity. As more families and individuals discover the charm of Perris, demand continues to outpace the available inventory, highlighting a seller’s market. Those looking to buy should be prepared for quicker decision-making, as well-maintained homes are seeing offers shortly after listing.
How much do homes sell for in Perris, CA?
The average home price is currently $543,291.
What’s the average rental cost in Perris, CA?
The average rental price in Perris is $1,753.
What is the most expensive home in Perris?
The most expensive home sold in Perris had a price of $118,923,596.
What is currently the cheapest priced home in Perris, CA?
The cheapest home for sale in Perris is priced at $17,920.

Living in Perris, CA

Perris, California, is a vibrant city with a delightful blend of small-town appeal and modern conveniences. Surrounded by beautiful natural landscapes, the area offers ample opportunities for outdoor activities and a strong sense of community. Residents benefit from access to quality schools and efficient transportation options that make commuting straightforward.

Buyer vs Seller Market in Perris, CA

The real estate market in Perris has seen steady growth over the past year, with home prices appreciating at a moderate pace due to increasing demand and limited inventory. This has made Perris an attractive option for both first-time homebuyers and investors looking for properties with potential for appreciation.

With its affordability compared to neighboring regions, Perris has become a hotspot for new developments and renovations. The diversity of housing options, from single-family homes to townhomes, caters to a wide range of buyers, contributing to a competitive market environment.

Home Value Estimator For Perris, CA

There are currently 28,201 real estate properties in Perris, CA, with a median automated valuation model (AVM) price of $501,014.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Perris, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Perris, CA, is $543,291.00, with the most expensive house in Perris, CA, topping out at $118,923,596.00 and the cheapest home in Perris, CA, clocking in at $17,920.00. In other words, there’s something for every potential homebuyer or savvy investor in Perris, CA!

Rent Prices In Perris, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Perris, CA, is on a rollercoaster ride. The average rent price in Perris, CA, is $1,753.00. Indeed, when looking to rent in Perris, CA, you can expect to pay as little as $660.00 or as much as $4,300.00, with the average rent median estimated to be $1,730.00. The good news is that finding an affordable and desirable property to rent in Perris, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Perris, CA 92571

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