Perris, CA Foreclosures
How much do homes sell for in Perris, CA?
The average home price is currently $547,379.
In Perris, CA, how many homes are available?
There are currently 85 active home listings available in Perris.
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 $122,678,928.
What is currently the cheapest priced home in Perris, CA?
The cheapest home for sale in Perris is priced at $18,486.
Living in Perris, CA
Perris, CA, is a growing city in Riverside County with a rich cultural mix and various amenities, making it ideal for families and outdoor enthusiasts. The city features easy access to parks, schools, and major highways, providing convenience and lifestyle opportunities for its residents. With its commitment to community living and public safety, Perris is an attractive location for homebuyers.
Current Market Conditions in Perris, CA
The real estate market in Perris, CA, is thriving, with a significant increase in demand for housing given its affordability compared to neighboring cities. Home prices have been on the rise as more buyers are attracted to the area due to its amenities and family-friendly environment. Shortage of inventory has created competition among buyers, pushing prices further upwards.
As of the last few months, home sales have accelerated, and the inventory levels have dropped, indicating a seller's market. However, the growth is balanced by the still relatively low prices compared to other areas within Riverside County.
Home Value Estimator For Perris, CA
There are currently 27,790 real estate properties
in Perris, CA,
with a median automated valuation model (AVM) price
of $509,851.00. 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 $547,379.00, with the most expensive house
in Perris, CA, topping out
at $122,678,928.00 and the cheapest home
in Perris, CA,
clocking in at $18,486.00. 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.
Learn more on Foreclosure homes
