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Featured local agent — Perris, CA
Sarah Mitchell
Compass Real Estate · Perris, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Perris, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$562,000median sale price
How is the Perris, CA housing market right now?
The median home sale price in Perris, CA is $562,000, up 2.2% year-over-year. Homes sell in an average of 46 days with 83 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Perris a buyer's or seller's market?
Perris, CA is currently a seller's market, based on 2.9 months of supply and homes selling in about 46 days. How we determine this →
Homes sold
29
Last 12 weeks
Days on market
46
Average pace
Active listings
83
2.9 months supply
Sale-to-list
100.8%
Above asking
What does the Perris housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $562,000 |
| Median list price | $564,900 |
| Year-over-year price change | +2.2% |
| Average days on market | 46 days |
| Active inventory | 83 listings |
| Months of supply | 2.9 months |
| Sale-to-list price ratio | 100.8% |
| Median price per sq ft | $266/sq ft |
| Homes sold (latest month) | 29 |
| New listings (latest month) | 53 |
| Listings with a price cut | 15.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Perris by property type?
How the Perris, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $562,000 | $266/sq ft | 29 | 46 days |
| Condo / Co-op | $367,500 | $326/sq ft | 2 | 31 days |
| Townhouse | $480,000 | $281/sq ft | 1 | 138 days |
Source: Redfin · Updated monthly
The Perris housing market is currently classified as a seller's market with a median sale price of $562,000. Prices have risen 2.2% compared to last year, with homes spending an average of 46 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Perris
There are currently 83 homes listed for sale in Perris, California. The median listing price is $565K.
Active listings
83
Homes on market
Median list price
$565K
Avg. days on market
46
Days until sale
New this week
53
Newly listed
Who lives in Perris?
Population
79,349
Median income
$82,523/yr
Median age
31.3 years
Owner-occupied
68.7%
College grads
11.6%
Avg commute
36.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Perris?
Zillow home value
$544,387
Zillow rent index
$2,808/mo
Price-to-rent ratio
16.2x
Price-to-income
6.6x
Source: Zillow Research
What is it like to live in Perris?
Perris is a community of approximately 79K residents with a median age of 31.3 years.The median household income is $82,523, which reflects a relatively affluent area with strong earning potential. 11.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 36.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Perris offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Perris?
15 schools tracked · 10,120 students
The largest public schools serving Perris, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Perris High
Grades 9-12 · 2,106 students
California Military Institute
Grades 5-12 · 1,044 students
Pinacate Middle
Grades 7-8 · 949 students
Innovative Horizons Charter
Grades K-8 · 938 students
Perris Elementary
Grades K-6 · 819 students
Railway Elementary
Grades K-6 · 727 students
Sky View Elementary
Grades K-6 · 714 students
Palms Elementary
Grades K-6 · 681 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Perris, CA?
Want a head-to-head view? Compare Perris side-by-side with any other U.S. city using our market-comparison tool.
Is Perris a good real estate investment market?
For investors evaluating Perris, the price-to-rent ratio of 16.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 2.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Perris's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Perris's median home price.
Frequently asked questions
What is the average home price in Perris?
The median home sale price in Perris is $562,000, up 2.2% from last year.
How long do homes stay on market in Perris?
Homes typically spend 46 days on market before going under contract.
What is the median income in Perris?
The median household income is $82,523 per year.
Is Perris a buyer's or seller's market?
With 2.9 months of supply, Perris is currently a seller's market.
What is the Zillow home value estimate for Perris?
The Zillow Home Value Index (ZHVI) for Perris is $544,387, representing the typical home value in the area.
What is the median condo price in Perris?
The median condo/co-op sale price in Perris, CA is $367,500, compared to $562,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Perris?
The median single-family home price in Perris, CA is $562,000 (about $266 per square foot).
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