Why Live in Temecula
Temecula Valley Wine Country features over 40 wineries where visitors can experience wine tastings, tours, and stunning vineyard views. The historic Old Town district preserves authentic Western heritage through its preserved buildings, antique shops, and specialty boutiques. Outdoor recreation flourishes at the Santa Rosa Plateau Ecological Reserve and Lake Skinner Recreation Area, where residents enjoy hiking trails, fishing, and boating. The annual Temecula Valley Balloon & Wine Festival draws crowds each May with hot air balloons, wine tastings, and live music. Local restaurants like The Goat and Vine, known for its jalapeno carnitas pizza, and Pinnacle Restaurant at Falkner Winery, with panoramic valley views, create a diverse dining scene.
The Temecula real estate market includes a range of housing options. Single family homes in Morgan Hill have a median price of $970,000, while similar homes in Old Town Temecula have a median price of $588,000. Townhomes across the city have a median price of $575,000. One bedroom condos have a median price of $355,000, and two bedroom condos have a median price of $465,100.
Property taxes in Temecula include a Riverside County effective rate of 0.82%, which matches nearby Murrieta but exceeds Fallbrook's San Diego County rate of 0.7%. The California state income tax rate is 6.00% for a yearly salary of $41,901.00.
The public school system includes Great Oak High School, rated A+ by Niche, which serves Vail Ranch and Wolf Creek neighborhoods. Private options include Linfield Christian School and Rancho Christian School, both rated A. Temecula's location, 60 miles north of San Diego and 90 miles southeast of Los Angeles, makes it accessible while maintaining its distinct wine country atmosphere.
Home Trends in Temecula, CA
On average, homes in Temecula, CA sell after 34 days on the market compared to the national average of 51 days. The median sale price for homes in Temecula, CA over the last 12 months is $780,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$780,000
Median Single Family Sale Price
$824,300
Median Townhouse Sale Price
$572,500
Median 2 Bedroom Sale Price
$458,000
Median 1 Bedroom Sale Price
$364,000
Average Price Per Sq Ft
$389
Number of Homes for Sale
270
Last 12 months Home Sales
1,052
Median List Price
$814,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
3%