Temecula Valley Market Report

This is where the Southwest Riverside County market actually stands, built from 2,050 closed residential sales across nine cities in the 90 days ending November 7, 2026. Every figure comes from CRMLS, not from an estimate or a national average. We update this page monthly.

November 2026 market snapshot

Residential closed sales, 90 days ending November 7, 2026. Source: CRMLS. Sorted by median sold price.

What the numbers actually say

There is a $365,515 spread between the most and least expensive city. Fallbrook leads at a median of $944,500 and Menifee sits at the bottom at $578,985. That gap is wider than the entire median price of a home in many American markets, and it sits inside a 40 minute drive. If your budget is fixed, which city you shop in matters more than almost any other decision you will make.

Wildomar is moving fastest at a median of 25 days. That beats Corona at 29, Menifee at 28, and both Temecula and Murrieta at 33. For a city that rarely gets named first, it is currently the quickest market in the region, which matters if you are a seller choosing where to list or a buyer who needs to move decisively.

Canyon Lake is the outlier in two directions. It is the slowest at 49 days, and it has by far the widest gap between average and median at $198,012. That gap is the waterfront premium: a home with a private dock trades in a completely different bracket from an interior lot. In a market like that, a city-wide median tells you almost nothing about your specific home.

Watch the average versus the median everywhere. In Temecula the average sold price was $875,874 while the median was $757,000, a difference of $118,874 caused by a handful of sales up to $3.55 million. Most market reports quote the average because it is a bigger number. We lead with the median because it describes the home most people are actually buying.

Where rents sit

Across Temecula, Murrieta, and Menifee, 104 three-bedroom homes were leased in the same 90 day window. The median rent was $3,100 a month, with the middle half of the market between $2,850 and $3,250. Temecula ran highest at a $3,200 median. Those figures matter if you are weighing renting against buying, which we cover in Should I Rent or Buy a Home?

Temecula Valley market report FAQs

What is the median home price in the Temecula Valley right now?

It depends which city. Over the 90 days ending November 7, 2026, medians ran from $578,985 in Menifee to $944,500 in Fallbrook, with Temecula at $757,000 and Murrieta at $659,944, across 2,050 closed sales (CRMLS).

Which city in Southwest Riverside County is most affordable?

Menifee, at a median sold price of $578,985 over the 90 days ending November 7, 2026, just below Lake Elsinore at $587,500. Within Menifee, the Sun City area is lower still at a $429,000 median.

How long does it take to sell a home in the Temecula Valley?

Across the nine cities we track, the median ranged from 25 days in Wildomar to 49 days in Canyon Lake over the 90 days ending November 7, 2026. Temecula and Murrieta both ran 33 days, Corona 29, and Menifee 28.

Is it a buyer or seller market in Temecula right now?

Homes sold at a median of 33 days in Temecula, which is neither a rushed market nor a stalled one. The more useful signal is the gap between median and average days, 33 versus 48, which tells you well-priced homes move while overpriced ones sit. Pricing accuracy matters more than market timing.

Why do you use median instead of average home price?

The average is pulled upward by a small number of high-end sales. In Temecula the average was $875,874 while the median was $757,000, a gap of $118,874 created by sales up to $3.55 million. The median better describes the home most buyers are actually purchasing.

Where does this market data come from?

Directly from CRMLS, the California Regional Multiple Listing Service, filtered to residential closed sales in the 90 days ending November 7, 2026. We pull it ourselves and update this page monthly rather than republishing a national estimate.

What is the average rent for a 3-bedroom in the Temecula Valley?

The median rent was $3,100 a month across 104 three-bedroom homes leased in Temecula, Murrieta, and Menifee over the 90 days ending November 7, 2026. The middle half of the market fell between $2,850 and $3,250, with Temecula highest at a $3,200 median.

Can I get a market report for my specific neighborhood?

Yes, and it will be more useful than any city-wide figure. Call or text Rory Ellis at (951)383-2468 and we will pull recent sales on your street rather than across your city.

How we build this report

We query CRMLS directly for residential closed sales in each city over a trailing 90 day window, then calculate the median, average, and median days on market from the full set rather than a sample. The 90 day window smooths out the month to month noise that makes shorter reports swing wildly. Figures are refreshed monthly, and the date range is stated on every number so you always know how current it is.

Want the version that covers your street instead of your city? Call or text Rory Ellis at (951)383-2468, or send us a note. No pressure, just the numbers.