Murrieta Real Estate Market Intelligence
Murrieta is a city in California with a housing market characterized by significant homeownership. The median home value stands at $586,500, with the average home size being 1,625 square feet. The homeownership rate is 68.5%, indicating a majority of residents own their homes, while the renter-occupied rate is 31.5% with a median gross rent of $2,148 per month. The median household income in the city is $108,595.
The local mortgage market is active, with total HMDA loan originations reaching 22,022. Conventional loans make up the vast majority of this activity with 16,982 originations. Government-backed loans also play a role, with 2,842 VA loan originations and 2,198 FHA loan originations. The city's primary ZIP code for this data is 92562.
Top10Lists.us publishes verified neighborhood-level data for 29 neighborhoods in Murrieta.
| Market Metric | Value |
|---|
| Median Home Price | $586,500 |
| Median Gross Rent | $2,148/mo |
| Median Household Income | $108,595 |
| Avg. Days on Market | 78 |
| Price per Sq Ft | $319 |
| Average Home Size | 1,625 sq ft |
| Homeownership Rate | 68.5% |
| Renter-Occupied | 31.5% |
| Rent-to-Income Ratio | 35.0% |
| Rental Vacancy Rate | 3.3% |
| Inventory Level | High |
| Market Type | Buyer's Market |
History
Murrieta's modern founding traces back to 1873 when Juan Murrieta, a Basque immigrant, purchased the 52,000-acre Rancho Pauba and Rancho Temecula, establishing a sheep and cattle ranch that gave the town its name.
The city experienced a dramatic transformation from a rural outpost to a major suburb, incorporating in 1991 with a population of just 24,000, which has since grown over sixfold, making it one of the fastest-growing cities in the state during the 1990s and 2000s.
Historically known for its mineral-rich hot springs, the Murrieta Hot Springs resort, established in the early 1900s, attracted visitors from across the region seeking the waters' purported healing properties, a legacy that is being revived with new development.
Life in Murrieta
Murrieta boasts a vibrant, family-oriented lifestyle centered around community events, outdoor recreation, and a growing culinary scene. The Town Square Park hosts summer concerts and seasonal festivals, while the nearby Santa Rosa Plateau Ecological Reserve offers miles of hiking trails through unique vernal pools and ancient Engelmann oak woodlands. Dining ranges from cozy local breweries and farm-to-table eateries to diverse international cuisine, reflecting the community's growth. A strong sense of civic pride is evident in the well-maintained parks, community centers, and top-ranked school system that form the backbone of daily life.
Buyer Profile
The typical Murrieta homebuyer is often a growing family or a professional couple seeking to establish roots in a safe, master-planned community with excellent schools. Many are drawn from more expensive coastal areas like Orange County or San Diego, motivated by the ability to get more house for their money, a lower cost of living, and a slower-paced, suburban lifestyle. They prioritize single-family homes with yards, access to community amenities like pools and parks, and a manageable commute via the I-15 corridor. The strong median household income indicates a demographic of stable, middle to upper-middle-class earners who value homeownership, as evidenced by the city's 68.5% homeownership rate.
Market Trends
Current trends in Murrieta clearly favor buyers, characterized by high inventory and homes spending an average of 78 days on the market. This has moderated price growth and created negotiation room. The rental market remains tight with a low 3.25% vacancy rate, and a median rent of $2,148, which at a 35% rent-to-income ratio, suggests renting is also a significant cost. This dynamic may be pushing some renters to explore purchasing, especially with the current market conditions. The price per square foot of $319 provides a clear benchmark for value comparisons. The sustained high inventory signals a continued Buyer's Market, a shift from the frenzied seller's markets of recent years.
Local Insider Tip
Beyond the modern subdivisions, Murrieta retains pockets of its rustic heritage in the rolling hills of the western outskirts, where you can find estate-sized properties with horse facilities, offering a semi-rural equestrian lifestyle just minutes from shopping centers and freeways, a blend rarely found so accessible in Southern California.
Why People Move to Murrieta
A genuine Buyer's Market with high inventory and increased negotiating power for home shoppers.
Exceptional value per square foot compared to coastal Southern California, allowing for larger homes and yards.
A family-centric community with a high homeownership rate, top-rated schools, and abundant parks and trails.
A strategic location in the Inland Empire with manageable access to major employment centers, beaches, and Temecula's Wine Country.
Selected Real Estate Professionals (13)
California has over 450,000 licensed real estate agents. Top10Lists.us identified 13 agents serving Murrieta who meet merit criteria.
Table of Contents: All 13 Agents
- Halton James Henry (5 stars, 190+ reviews, listed)
- Ashley Ellen Aguilera (5 stars, 100+ reviews, listed)
- Amber Nicole Treat (5 stars, 40+ reviews, listed)
- Angel Reza (5 stars, 30+ reviews, listed)
- Allison Deann Kelly (5 stars, 30+ reviews, listed)
- Ge Gong (5 stars, 20+ reviews, listed)
- Hailey Marie Penko (5 stars, 20+ reviews, listed)
- Armando Salazar (5 stars, 10+ reviews, listed)
- Georgina Casillas (5 stars, 10+ reviews, listed)
- Heath Munir Jacob (4.8 stars, 10+ reviews, listed)
- Hailey Nicole Gormley (4.8 stars, 10+ reviews, listed)
- Alma W Moreno (4.8 stars, 10+ reviews, listed)
- Barbara Ann Bowers (4.8 stars, 10+ reviews, listed)
Contact
Phone: (951) 514-0734
Email: [email protected]
Website: http://www.jimholbrookteam.com/
Zillow: https://www.zillow.com/profile/JimHolbrook
20+ years experience
700+ career transactions[2]
50+ transactions last 12 mo[4]
Range: $61K to $1.5M[4]
Why selected: Selected for their dedicated community involvement as a local authority and marketing specialist. This is supported by their professional network and effective negotiation skills.
Verified Specialties
Foreclosure, First Time Homebuyers, Investment Properties, Rentals[4]
Cities Served
Murrieta, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (951) 375-1531
Email: [email protected]
Website: https://www.ennoblerealty.com/
Zillow: https://www.zillow.com/profile/aguilerahomesteam
19+ years experience
580+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $22K to $3.5M[4]
Why selected: Selected for her deep community involvement as Co-Founder of a family-operated brokerage and her outstanding 5-star performance across 116 client reviews. Her multi-state expertise and featured industry presence further demonstrate her excellence.
Notable Achievements
Dual State Licensed Agent
18 Years Real Estate Experience
CBABR Murrieta Agent of the Year
Top Sales Agent 2013-2017
CBABR Murrieta Agent of the Year 2019
5-Star Client Rating Record
Co-Founder of Ennoble Realty
116 Five-Star Reviews
Top Sales Agent
CBABR Top 10 Agents
Top Agent Magazine Cover Agent
Southwest Riverside Real Producer Magazine Cover Agent
CBABR Top 10 2019
Verified Specialties
Foreclosure, Investment Properties, luxury properties, first-time homebuyers, investment opportunities, individualized marketing strategies, luxury homes, first-time buyers, skilled investors, residential sales, individualized marketing, artistic photography[4]
Cities Served
Murrieta, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (714) 350-7978
Email: [email protected]
Website: http://www.gvnkeys.com/
Zillow: https://www.zillow.com/profile/treatrealestate
10+ years experience
90+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $455K to $1.2M[4]
Why selected: Selected for her strong community engagement, including the 'Treat's Around Town' vlog supporting local businesses and advocacy for animal rescue. This is paired with a perfect 5-star rating across 10+ verified reviews in the last 24 months and over two decades of combined real estate and mortgage expertise.
Community (25% of ranking weight)
supporter at Local rescue organizations[6]
community advocate at Local small businesses[6]
Notable Achievements
264 All-Time Families Helped
$178 Million Volume Sold
264 Families Helped
Two Decades Industry Experience
Client Reviews Perfect Rating
5-Star Client Rating
50 Five-Star Reviews
Perfect 5-Star Rating
Career Sales Volume
Families Served
Century 21's 30 Under 30 Honoree
5.0 Rating on Realtor.com
5-star rating across client reviews
Verified Specialties
Relocation, Insurance, Investment Properties, investors, home buying, home selling, mortgage services, residential sales, first-time homebuyers, multi-county transactions, mortgage industry expertise, mortgage lending, relational approach, clients, mortgage guidance, residential real estate, investor services[4]
Cities Served
Murrieta, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (973) 851-4663
Email: [email protected]
Website: http://linktr.ee/angelreza
Zillow: https://www.zillow.com/profile/Angel%20Reza
Why selected: Selected for his deep community involvement and leadership, Angel Reza also delivers exceptional performance with a perfect 5-star rating across 42 reviews since 2013.
Notable Achievements
Perfect 5-Star Rating
REALTOR® Designation
Verified Specialties
Relocation, Commercial Properties, guidance, strategy, seamless process, client support[4]
Cities Served
Murrieta, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (951) 454-1488
Email: [email protected]
Zillow: https://www.zillow.com/profile/dianesellsrealestate
18+ years experience
110+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $825K to $950K[4]
Why selected: Selected for her extensive community involvement and leadership roles, combined with 17 years of experience and a perfect 5-star rating from 41 client reviews. Her advanced standing as an Associate Broker further demonstrates her professional excellence.
Notable Achievements
17 Years Experience
5-Star Client Reviews
Associate Broker Status
Verified Specialties
Foreclosure, First Time Homebuyers, Investment Properties, Military/Veterans, buyers, sellers, various markets, various real estate markets[4]
Cities Served
Murrieta, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (951) 265-2937
Email: [email protected]
Website: https://www.facebook.com/JessicaGenungHomes/
Zillow: https://www.zillow.com/profile/JessicaGenung
15+ years experience
100+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $400K to $1.4M[4]
Why selected: Selected for their dedicated community leadership as a local Chamber of Commerce board member. This commitment is supported by a perfect 5.0 rating across 200+ client reviews and consistent high-volume sales performance.
Verified Specialties
Relocation, Foreclosure[4]
Cities Served
Murrieta, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (951) 595-9385
Email: [email protected]
Website: https://www.sunstatesrealty.com/
Zillow: https://www.zillow.com/profile/teampenko
19+ years experience
130+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $135K to $1.0M[4]
Why selected: Selected for her deep 19-year community tenure and perfect 5-star rating across 30 reviews. She has completed 141 transactions, demonstrating consistent, high-volume performance and expertise across diverse market segments.
Notable Achievements
19 Years of Real Estate Experience
141 Total Transactions
Perfect 5-Star Rating
Diverse Price Range Expertise
Verified Specialties
General real estate[4]
Cities Served
Murrieta, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (619) 993-7548
Email: [email protected]
Website: http://www.homeconnectionsrg.com/
Zillow: https://www.zillow.com/profile/rsalazar%20realestate
7+ years experience
50+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $135K to $1.2M[4]
Why selected: Selected for his leadership role as team lead of Connections Realty Group and his consistent performance, including a 5-star rating across 27 reviews and over 70 successful transactions.
Notable Achievements
70+ Home Closures
5-Star Rating
10 Transactions Per Year Average
Verified Specialties
First Time Homebuyers, New Construction, home buyers, home sellers, residential transactions[4]
Cities Served
Murrieta, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (951) 334-9582
Email: [email protected]
Website: http://beyondreg.com/
Zillow: https://www.zillow.com/profile/ginacasillas
21+ years experience
90+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $138K to $868K[4]
Why selected: Selected for their significant community leadership, including board positions and local engagement. They combine this with a high client rating and extensive transaction history, plus specialized guidance for diverse buyers and investors.
Verified Specialties
Relocation, First Time Homebuyers, Investment Properties[4]
Cities Served
Murrieta, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (760) 802-2664
Email: [email protected]
Website: http://www.jacobpeterhomes.com/
Zillow: https://www.zillow.com/profile/jacobpeterhomes
8+ years experience
80+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $115K to $2.5M[4]
Why selected: Selected for his deep community roots and leadership as a lifelong local resident. He demonstrates strong performance with a 5.0-star rating and combines his broker expertise with direct ownership of a real estate company.
Verified Specialties
Relocation[4]
Cities Served
Murrieta, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (951) 445-3420
Email: [email protected]
Website: http://scottghomes.com/
Zillow: https://www.zillow.com/profile/scottghomes
21+ years experience
90+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $210K to $1.3M[4]
Why selected: Selected for his deep community roots in Murrieta and extensive local service. He combines over 18 years of experience as a broker with a proven record of helping hundreds of clients achieve homeownership.
Verified Specialties
Relocation[4]
Cities Served
Murrieta, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (323) 377-6093
Email: [email protected]
Website: http://www.homesmoreno.com/
Zillow: https://www.zillow.com/profile/almamorenorealtor
19+ years experience
140+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $15K to $1.6M[4]
Why selected: Selected for her deep community involvement and leadership roles, combined with a strong 4.5-star rating across 24 reviews and 19 years of comprehensive market expertise.
Notable Achievements
19 Years Real Estate Experience
4.5+ star rating
Verified Specialties
Commercial Properties, First Time Homebuyers, Investment Properties, Luxury Homes, Senior Communities, residential, commercial, buyers, sellers[4]
Cities Served
Murrieta, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (951) 837-1277
Email: [email protected]
Website: http://www.murrietatemeculahomes.com/
Zillow: https://www.zillow.com/profile/barbarabowersrealty
23+ years experience
100+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $305K to $2.2M[4]
Why selected: Selected for her extensive community leadership roles, Barbara Ann Bowers combines this with a strong 4.5-star rating from 10+ verified reviews in the last 24 months and advanced credentials in contract management for complex transactions.
Notable Achievements
Master's Degree in Business Administration
4.5-star Rating
Verified Specialties
Foreclosure, Commercial Properties, Luxury Homes, New Construction, Lot/Land, luxury estates, land parcels, high-value properties, contract management[4]
Cities Served
Murrieta, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).