Market Overview
Home Prices in Perris, CA
The median home value in Perris, CA is $544,654 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.1% compared to a year ago and up 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Perris are priced33% above average. Perris is part of the Riverside-San Bernardino-Ontario, CA metro area.
Over the past five years, Perris home values have risen by approximately25.6%, reflecting strong long-term appreciation in this market.
Price History
Perris Home Price Trend
City Comparison
Perris vs. National Median
At $544,654, homes in Perris cost 33% above the national median of $410,000. Buyers in Perris should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Perris?
20% Down Payment
$108,931
on $544,654
Monthly P&I
$2,841/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,608/mo
incl. taxes & insurance
Income Needed
$144,320
gross annual (30% rule)
10% Down Option
$54,465
+ PMI applies
Loan Amount (20% dn)
$435,723
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Perris, CA?
The median home value in Perris is $544,654 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.1% year-over-year.
How much have home prices changed in Perris?
Over the past year, home values in Perris have increased by 0.1%. Over five years, prices have risen approximately 25.6%.
How much do I need to earn to buy a home in Perris?
To comfortably afford the median home price of $544,654 with a 20% down payment ($108,931) at today's rates (6.8%), you'd need a gross annual income of approximately $144,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Perris compare to the national average home price?
The national median home value is approximately $410,000. At $544,654, homes in Perris are 33% above the national average.
What metro area is Perris part of?
Perris is part of the Riverside-San Bernardino-Ontario, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.