Temecula, California Housing Market Prices
Temecula Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 2% above the California median$664,655
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Median rent 16% above the California median$2,364
Housing Market Overview
| Metric | Temecula | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $664,655 | $650,794 | $248,835 |
| Price Trend (Annual %) | 9.2% | 8.9% | 7.5% |
| Median Gross Rent | $2,364 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 4.9% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Temecula is about 2% higher than in California. Rent is about 16% higher than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Temecula, up about 9.2% and 4.9% a year respectively. Home prices are changing faster.
Median rent in Temecula rose about 53.7% between 2015 and 2024, from $1,539 to $2,364. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 5.6 yearly household incomes in Temecula.
Buying the median-priced home in Temecula costs roughly 23.4 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Temecula. The price-to-rent ratio in California is about 26.6.
| Metric | Temecula | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $664,655 | $650,794 | $248,835 |
| Median Household Income | $118,918 | $99,161 | $80,455 |
| Price-to-Income Ratio | 5.6 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Temecula rose about 81.1%, while median household income rose about 46.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Temecula | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.0% | 51.7% | 58.5% |
| Rental Rate | 30.7% | 40.8% | 31.2% |
| Vacancy Rate | 3.3% | 7.5% | 10.2% |
| Median Tenure (years) | 12.0 | 15.0 | 15.0 |
| Median Year Moved In | 2014 | 2011 | 2011 |
Temecula has a homeownership rate of 66.0%, higher than the California average of 51.7%. Its housing vacancy rate is 3.3%, compared with 7.5% in California.
Housing Stock
| Metric | Temecula | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.01 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1997 | 1975 | 1978 |
| Median Number of Rooms | 6.1 | 5.0 | 5.5 |
The typical housing unit in Temecula was built around 1997. On average, 3.0 people live in a home with about 6.1 rooms, staying for about 12.0 years on average.
Temecula, CA Housing Compared With Nearby Cities
How Temecula, CA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Temecula, CA | 92,602 | $664,655 #1/3 | $2,364 #3/3 | 68.3% #2/3 |
| Murrieta, CA | 101,126 | $618,424 | $2,366 | 67.0% |
| French Valley, CA | 32,862 | $550,506 | $2,898 | 84.4% |
Frequently Asked Questions
Common questions about the housing market in Temecula, California.
What is the median home price in Temecula, California?
The median home price in Temecula, California is $664,655, higher than the California average of $650,794.
What is the average home price in Temecula, California?
The typical home price in Temecula, California, reported as the median sale price, is $664,655. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Temecula, California?
The median gross rent in Temecula, California is $2,364 per month, higher than the California average of $2,036.
What was the median gross rent in Temecula in 2020?
In 2020, the median gross rent in Temecula, California was $1,933 per month.
What is the price-to-rent ratio in Temecula, California?
The price-to-rent ratio in Temecula, California is about 23.4, meaning it would take roughly 23.4 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Temecula.
Are home prices or rent rising faster in Temecula, California?
Both home prices and rent are rising in Temecula, up about 9.2% and 4.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Temecula, California?
66.0% of households in Temecula, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Temecula, California?
The housing vacancy rate in Temecula, California is 3.3%, lower than the California average of 7.5%.
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