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Featured local agent — Hemet, CA
Sarah Mitchell
Compass Real Estate · Hemet, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hemet, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$430,000median sale price
How is the Hemet, CA housing market right now?
The median home sale price in Hemet, CA is $430,000, down 5.5% year-over-year. Homes sell in an average of 36 days with 244 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hemet a buyer's or seller's market?
Hemet, CA is currently a seller's market, based on 2.7 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
89
Last 12 weeks
Days on market
36
Average pace
Active listings
244
2.7 months supply
Sale-to-list
99.6%
Below asking
What does the Hemet housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $430,000 |
| Median list price | $425,250 |
| Year-over-year price change | -5.5% |
| Average days on market | 36 days |
| Active inventory | 244 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $254/sq ft |
| Homes sold (latest month) | 89 |
| New listings (latest month) | 96 |
| Listings with a price cut | 25.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Hemet by property type?
How the Hemet, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $430,000 | $253/sq ft | 85 | 36 days |
| Condo / Co-op | $221,000 | $211/sq ft | 1 | 126 days |
| Townhouse | $299,000 | $223/sq ft | 1 | 177 days |
Source: Redfin · Updated monthly
The Hemet housing market is currently classified as a seller's market with a median sale price of $430,000. Prices have fallen 5.5% compared to last year, with homes spending an average of 36 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.3x provides context for how home values compare to local earning capacity.
Homes for sale in Hemet
There are currently 244 homes listed for sale in Hemet, California. The median listing price is $425K.
Active listings
244
Homes on market
Median list price
$425K
Avg. days on market
36
Days until sale
New this week
96
Newly listed
Who lives in Hemet?
Population
90,646
Median income
$53,623/yr
Median age
39.7 years
Owner-occupied
63.1%
College grads
15.2%
Avg commute
36.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Hemet?
Zillow home value
$445,921
Zillow rent index
$1,939/mo
Price-to-rent ratio
19.2x
Price-to-income
8.3x
Source: Zillow Research
What is it like to live in Hemet?
Hemet is a community of approximately 91K residents with a median age of 39.7 years.The median household income is $53,623, which represents a working-class community with solid middle-income opportunities. 15.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.1%, showing a blend of owner and renter-occupied properties. The average commute time is 36.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Hemet offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hemet?
22 schools tracked · 20,882 students
The largest public schools serving Hemet, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hemet High
Grades 9-12 · 2,402 students
West Valley High
Grades 9-12 · 1,818 students
Tahquitz High
Grades 9-12 · 1,801 students
Diamond Valley Middle
Grades 6-8 · 1,165 students
Dartmouth Middle
Grades 6-8 · 1,112 students
Rancho Viejo Middle
Grades 6-8 · 999 students
Bautista Creek Elementary
Grades K-5 · 970 students
Acacia Middle
Grades 6-8 · 962 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hemet, CA?
Want a head-to-head view? Compare Hemet side-by-side with any other U.S. city using our market-comparison tool.
Is Hemet a good real estate investment market?
For investors evaluating Hemet, the price-to-rent ratio of 19.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 5.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Hemet's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hemet's median home price.
Frequently asked questions
What is the average home price in Hemet?
The median home sale price in Hemet is $430,000, down 5.5% from last year.
How long do homes stay on market in Hemet?
Homes typically spend 36 days on market before going under contract.
What is the median income in Hemet?
The median household income is $53,623 per year.
Is Hemet a buyer's or seller's market?
With 2.7 months of supply, Hemet is currently a seller's market.
What is the Zillow home value estimate for Hemet?
The Zillow Home Value Index (ZHVI) for Hemet is $445,921, representing the typical home value in the area.
What is the median condo price in Hemet?
The median condo/co-op sale price in Hemet, CA is $221,000, compared to $430,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Hemet?
The median single-family home price in Hemet, CA is $430,000 (about $253 per square foot).
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