Why Live in Paloma Valley
Paloma Valley in Menifee offers a blend of suburban and semi-rural living with a mix of densely populated housing developments in the north and spacious homes on larger lots in the south. Architectural styles include Spanish-Revival and ranch-style homes, often featuring single-story designs with stucco walls and red-clay roof tiles. The neighborhood is served by highly rated schools, including Evans Ranch Elementary, Menifee Valley Middle, and Paloma Valley High, which offers college credit courses in partnership with Mt. San Jacinto Community College.
Bordered by the 215 Freeway and major streets like Murrieta Road and Newport Road, Paloma Valley is a car-dependent area. The northern part has sidewalks, while the southern part does not. Local amenities include Gale Webb Action Sports Park with its extensive bike track and Marsden Community Park, which offers a variety of recreational facilities. Greer Ranch provides 200 acres of hiking and biking trails. Dining options range from fast casual and quick service restaurants to local favorites like the Breakfast House Los Tejabanes and Donut Star. Shopping needs are met by Menifee Countryside Marketplace and Menifee Town Center, which offer a variety of retailers and supermarkets.
Safety in Paloma Valley is comparable to the national average, but the area is prone to natural hazards such as flooding, earthquakes, and wildfires. The city is working to mitigate these risks through updated infrastructure and public awareness initiatives. The neighborhood also features over a dozen Protestant churches and is within eight miles of Islamic and Buddhist worship centers.
Home Trends in Paloma Valley, CA
On average, homes in Paloma Valley, Menifee sell after 40 days on the market compared to the national average of 52 days. The median sale price for homes in Paloma Valley, Menifee over the last 12 months is $610,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$610,000
Median Single Family Sale Price
$639,500
Median Townhouse Sale Price
$505,500
Median 2 Bedroom Sale Price
$448,000
Average Price Per Sq Ft
$323
Number of Homes for Sale
72
Last 12 months Home Sales
159
Median List Price
$625,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%