Community Guide
Living in Nuevo
The median Nuevo home sold for $570,000 over the last 12 months, up 0.8% from a year earlier.
Market figures updated October 9, 2026. Source: CRMLS closed sales.
Nuevo is a small rural community just east of Perris, near Lakeview, in Riverside County. It’s a semi-rural area of larger lots and scattered subdivisions where acreage and usable land drive price more than square footage does.
Inventory is limited, mostly three- and four-bedroom homes in the $500K–$700K range, with the occasional larger property on land. With so few sales in any given quarter, a single closing moves the averages, so trends here should be read lightly.
Nuevo suits buyers who want a bit of land and a quieter setting within a short drive of Perris and the I-215, and who will price a sale to comparable parcels and plan for a longer marketing window.
The market right now
There aren’t enough quarterly sales in Nuevo to track a short trend, so the figures here use a full year. The steadier framing is the point: with limited data, the twelve-month median is a more honest number than any single quarter. This is a semi-rural market where acreage and usable land drive price more than square footage does. Price a sale to comparable parcels and plan for a longer marketing window than a tract neighborhood would need.
Market pace
Detailed Market Stats
| Closed Sales (12 months) | 83 |
|---|---|
| Median Sale Price | $570,000 |
| Average Sale Price | $579,595 |
| Median Days on Market | 21 |
| Percent of List Price Received | 98.8% |
| Inventory of Homes for Sale | 26 |
| Months Supply of Inventory | 3.8 |
Based on closed residential sales reported to CRMLS. Does not account for sale concessions or down-payment assistance. Months Supply is current inventory divided by the average monthly closed-sale pace over the same window as the figures above.
Homes for sale in Nuevo right now
26 active listings. Median list price $654,950; most fall between $549,000 and $995,000.
By price
By bedrooms
A look at what is listed in Nuevo
4
Beds
2
Baths
2,057
Sq Ft
4
Beds
2
Baths
2,057
Sq Ft
4
Beds
3
Baths
2,188
Sq Ft
Pool
3
Beds
2
Baths
1,440
Sq Ft
4
Beds
3
Baths
2,145
Sq Ft
5
Beds
2
Baths
1,778
Sq Ft
Common questions
Are home prices in Nuevo going up or down?
The median sale price in Nuevo over the last 12 months was $570,000: up 0.8% from a year earlier.
How long does it take to sell a home in Nuevo?
Homes that closed in Nuevo over the last 12 months spent a median of 21 days on the market before going under contract.
Are Nuevo homes selling above or below asking price?
The median home in Nuevo sold for about 100.0% of its list price over the last 12 months.
How many homes are for sale in Nuevo right now?
There are currently 26 active residential listings in Nuevo, with a median list price of $654,950.
What is my Nuevo home worth?
The median Nuevo sale over the last 12 months was $570,000, but an individual home’s value depends on its condition, location, upgrades, and timing. Request a broker-prepared valuation from MZ Homes for a figure specific to your home.
Based on 83 closed residential sales reported to CRMLS in Nuevo over the last 12 months. Figures are medians, updated October 9, 2026. General information, not an appraisal or a prediction of any individual home’s value.
Looking for a Nuevo realtor to sell your home? I handle every sale personally, from pricing to closing. Start with a free home valuation.
Thinking of selling in Nuevo? →
Mike Zwarg, Broker/Owner · MZ Homes · CA DRE #01890233
951-528-0626
mike@mzhomes.us
mzhomes.us
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