October's First-Time Homebuyer Report for Temecula

The population of Temecula is growing faster than the rest of California, at a 10-year growth rate of 61.4%. It's a larger than average city compared to the rest of the state, with 100,097 residents. 92592, 92591, and 92590 are the three largest zip codes in terms of population. Temecula is made up of homes that are relatively new with a median of 14 years. Heading the list of top schools in the city is Vintage Hills Elementary School.


According to Foursquare, if shopping is your thing, you might enjoy Temecula Promenade Mall, Costco Wholesale, and Target. If you're looking to explore the outdoors, some favorite spots are Old Town Temecula and Temecula Duck Pond. Lastly, Edwards Temecula 15 & IMAX and Temeku Discount Cinemas are well-known places for arts and entertainment.

Price Range

The median value of homes in Temecula is $265,900, making the area almost identical to others in California. At the same time, the average list price of available homes is presently $458,846.

Make sure you take a look at these eye-catching homes in Temecula that generated the most views from potential buyers:

$295K   $669K   $308K  

Typical Dwelling

The typical dwelling in Temecula is a four-bedroom detached home worth about $455,589. To purchase a similar home, a buyer with good credit and a $91,118 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,964 monthly payment. The property tax rate is $9.19 per $1,000 of taxable assessed value.

Get started right now by checking out Temecula homes for sale or reviewing Temecula real estate trends.

Data reported through 10/13/2016


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