Hemet, CA Housing Market & Real Estate

Balanced market-8.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Hemet, CA is $435,000, down 8.6% year-over-year. Homes sell in an average of 65 days with 253 active listings. The market is currently a balanced market.

$435,000median sale price

Is Hemet a buyer's or seller's market?

Balanced market3.8 months of supply65 avg. days on market

Hemet, CA is currently a balanced market, based on 3.8 months of supply and homes selling in about 65 days. How we determine this →

Homes sold

67

Last 12 weeks

Days on market

65

Average pace

Active listings

253

3.8 months supply

Sale-to-list

99.7%

Below asking

Hemet, CA market data

Current housing market statistics for Hemet, CA
MetricValue
Median sale price$435,000
Median list price$450,000
Year-over-year price change-8.6%
Average days on market65 days
Active inventory253 listings
Months of supply3.8 months
Sale-to-list price ratio99.7%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Hemet housing market is currently classified as a balanced market with a median sale price of $435,000. Prices have fallen 8.6% compared to last year, with homes spending an average of 65 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Hemet

There are currently 253 homes listed for sale in Hemet, California. The median listing price is $450K.

Active listings

253

Homes on market

Median list price

$450K

Avg. days on market

65

Days until sale

New this week

96

Newly listed

Price drops:17.0%of listings
Sale-to-list:99.7%

Top public schools in 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

Public

West Valley High

Grades 9-12 · 1,818 students

Public

Tahquitz High

Grades 9-12 · 1,801 students

Public

Diamond Valley Middle

Grades 6-8 · 1,165 students

Public

Dartmouth Middle

Grades 6-8 · 1,112 students

Public

Rancho Viejo Middle

Grades 6-8 · 999 students

Public

Bautista Creek Elementary

Grades K-5 · 970 students

Public

Acacia Middle

Grades 6-8 · 962 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Hemet?

The median home sale price in Hemet is $435,000, down 8.6% from last year.

How long do homes stay on market in Hemet?

Homes typically spend 65 days on market before going under contract.

Is Hemet a buyer's or seller's market?

With 3.8 months of supply, Hemet is currently a balanced market.

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