Why Live in Rancho Belago
Rancho Belago in Moreno Valley offers a blend of modern suburban living with a touch of rural charm. The neighborhood has seen significant development over the past decade, featuring newer housing developments with larger homes on spacious lots, particularly south of the freeway. Homes here often showcase Spanish architectural elements, such as red tile roofs and stucco siding, and are complemented by palm-lined streets. Despite its growth, Rancho Belago maintains a quieter atmosphere compared to central Moreno Valley, with less through traffic. Outdoor enthusiasts can enjoy the nearby Lake Perris State Recreation Area, which provides opportunities for boating, fishing, and hiking, along with several city parks like Morrison Park and the Rancho del Sol Golf Club. Shopping and dining options are plentiful, with stores like Walmart and Target, and eateries such as Round Table Pizza and Armando's Mexican Food. The area is served by several Riverside Transit Authority bus routes, offering connections to downtown Moreno Valley, Riverside, and beyond. Rancho Belago is also home to major employers, including two hospitals and the Skechers distribution center, with plans for a large logistics center that promises additional job opportunities. The neighborhood's crime rate is comparable to the national average, providing a balanced living environment for residents.
Home Trends in Rancho Belago, CA
On average, homes in Rancho Belago, Moreno Valley sell after 42 days on the market compared to the national average of 51 days. The median sale price for homes in Rancho Belago, Moreno Valley over the last 12 months is $598,092, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$598,092
Median Single Family Sale Price
$604,716
Median 2 Bedroom Sale Price
$385,000
Average Price Per Sq Ft
$295
Number of Homes for Sale
53
Last 12 months Home Sales
248
Median List Price
$599,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%