Photo: Seauton, 4 March 2019 · CC BY-SA 4.0517 homes sold in Perris in the last year, at a typical $567K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Perris homes are listed.
Every place Perris homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Perris.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 98% of Perris’ sales, at a typical $571K
517 homes sold in the year to May 2026.
typical sale · 505 sold in 12 months
- Per square foot
- $275CA $494
- Days to sell
- 51
- Sold over asking
- 49%
- Listings with a price cut
- 19%
Multi-family (2–4 units): 4 sold, typical $538K
Townhouses: 3 sold, typical $430K
Condos: 5 sold, typical $391K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at twice the 2016 price
517 sales in the last year, against 839 in 2012 and a low of 422 in 2023. The typical sale went from $267K in 2016 to $567K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $550K buys in Perris
Check a listing against what Perris homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Perris are back to pre-pandemic levels, with about as many homes for sale
We read every month of Perris’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 517 sales.
If you’re buying in Perris
- Shop in January. It brings about 61 new listings a month, close to the busiest month, with fewer bidding wars (47% over asking).
- Some room to negotiate. 19% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 100.2% of the list price on average; 49% paid over.
- You’ll usually have time. Only 23% of homes go under contract within two weeks; the typical one takes 51 days.
Summer brings both the most homes and the most bidding wars
August has the most new listings (about 75 a month), but June is the most competitive: 57% of June sales close over asking. January offers nearly as much choice with fewer homes bid up (47%). December has the least competition (43%) but only about 41 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than California
| Perris now | 2017–19 | 2021 peak | CA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 49% | 46% | 74% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 23% | 37% | 60% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 19% | 17% | 9% | 24% |
| Price paid vs. askingAverage sale price ÷ list price | 100.2% | 100.1% | 104% | 99.7% |
| Days to sellMedian days from listing to contract | 51 | 43 | 20 | 44 |
122 homes for sale on a typical day
That’s 1.8 times the 2021 low (66), 14% fewer than in 2017–19 and well under 2018’s 163.
1 in 5 listings has cut its price
19% in the last year, against 17% in 2017–19 and 24% across California.
Since 2019, houses are up 74%, condos 70%
A house typically sold for $571K in the last year (505 sales), a condo for $391K (5).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Perris ranks 98th of 555 busy California markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Perris is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Perris home costs about $3,351 a month
Price: Perris’ typical sale, last 12 months. Property tax at Perris’ 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Perris is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 41.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $567K home, about $4,710 a year.
Taxes vs. neighborsSchools
The schools grade for Perris, from test results, graduation and how much students grow.
Schools in PerrisCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Canyon Lake and Lake Mathews for far more
The busier markets within 25 miles of Perris, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Menifee | 1,562 | $569K | $283 | 38% | 53 |
| Perris | 517 | $567K | $274 | 49% | 51 |
| Canyon Lake | 196 | $747K | $351 | 23% | 71 |
| Homeland | 77 | $546K | $269 | 44% | 74 |
| Mead Valley | 47 | $674K | $330 | 49% | 87 |
| Nuevo | 43 | $586K | $307 | 40% | 39 |
| Lake Mathews | 39 | $959K | $366 | 18% | 80 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Perris, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Perris. People who follow the town see it, and so do people comparing Perris with their own town. No commission, no listing fee.
Questions about buying a home in Perris
What do homes sell for in Perris, CA?
517 homes sold in the year to May 2026 at a typical $567K, $274 a square foot.
Is Perris a buyer’s or seller’s market?
A seller’s market: 83 homes were for sale in May 2026 and 29 sold, about 2.9 months of supply. Buyers paid 100.2% of asking on average, and 19% of listings cut their price.
When is the best time to buy in Perris?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Perris?
About 0.8% of a home’s value a year. On a $567K home that’s near $4,710.
Where can I see homes for sale in Perris?
Zillow, Redfin, Realtor.com and Homes.com all carry Perris’ MLS listings; the search links above open each one filtered to Perris.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).