Area Insights of Murrieta, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 1342 homes were sold with 369 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Murrieta, CA

Date

03-29-2023

Price Ratio

101%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Murrieta Springs Adventist Christian Academy

KG to 8

Kiddie Academy of Murrieta

KG to KG

Calvary Murrieta Christian Schools

PK to 8

Childrens Lighthouse Learning Center

PK to KG

Murrieta Ranch Preschool

PK to TKG

Middle School

Bella Vista Middle School

6 to 8

Ratings

B+

Warm Springs Middle School

6 to 8

Ratings

B+

Shivela Middle School

6 to 8

Ratings

B

High School

Vista Murrieta High School

9 to 12

Ratings

A+

Murrieta Mesa High School

9 to 12

Ratings

A

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 15% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (135,635)
66,108 Male
69,527 Female
Education
22% High School
10% Associate
22% Bachelor
11% Graduate
Age

Average Age is 36 Years

Household Details

The area's household landscape is diverse, with 71% owner-occupied homes and 29% renter-occupied properties. Family households represent 81% of the population, indicating a strong community focus on family living. The average home value stands at $680,833, which suggests ample demand for multi-bedroom properties.

Total Households
43,069
Average home value
$680,833
Owned
71%
Rented
29%
Vacant
3%
Families
81%
Married
65%
With children
45%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 12% Asian, 6% Black, and 1% Native residents, alongside 51% White and 31% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 50% of households earning over $100,000 annually, while 30% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
4%
Healthcare
14%
Professional
7%
Education
9%
Services
25%
Labor
18%
Retail
15%
Other
8%
Explore Listings in Murrieta, CA