Hemet Housing Market Report – July 2026
Here's a look at how the Hemet, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 183
- Median Sale Price: $375,000
- Average Sale Price: $341,497
- Average Price Per Sq Ft: $216
- Average Days on Market: 88
- Sale-to-List Price Ratio: 98.9%
Month-Over-Month Trends
Compared to June, the median sale price in Hemet moved 5.1% down (from $395,000 to $375,000). The number of homes sold was 4.6% up compared to the prior month (175 vs. 183). Average days on market shifted 11.1% down (99 days to 88 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 8.0% down (from $407,500 to $375,000). Sales volume is 5.2% up year-over-year.
What This Means
Hemet's housing market is showing signs of cooling off as summer peaks, with the median price dropping 5.1 percent month-over-month to $375,000. This pullback mirrors the year-over-year decline of 8 percent, suggesting sustained downward pressure on prices rather than a temporary seasonal dip. The gap between median ($375,000) and average ($341,497) prices indicates a wider range of properties selling, with mobile homes and more affordable single-family homes anchoring the lower end of the market.
The real bright spot here is velocity. Days on market dropped to 88 from 99, and homes are selling at 98.9 percent of asking price, which signals genuine buyer interest despite softer pricing. Sellers are becoming more realistic about their expectations, and that's accelerating deals. However, the active inventory sits at 1,223 units with a much lower median asking price of $255,000—a disconnect worth watching. This suggests new listings are coming on at lower price points, pulling the overall market down gradually.
For buyers, this is a reasonable entry point with less competition and room to negotiate. For sellers, pricing aggressively relative to comps is key to moving inventory in this softening market.
Hemet Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92545 | 68 | $347,500 | $196 | 94 |
| 92543 | 62 | $245,500 | $205 | 88 |
| 92544 | 53 | $435,000 | $255 | 80 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 122 | $445,000 | $260 |
| MOBILE | 49 | $119,000 | $102 |
| LAND | 8 | $172,500 | N/A |
| CONDOS | 2 | $182,000 | $183 |
| MULTI_FAMILY | 2 | $501,500 | $275 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 26 |
| $100K - $199K | 21 |
| $200K - $299K | 35 |
| $300K - $399K | 18 |
| $400K - $499K | 44 |
| $500K - $749K | 36 |
| $750K+ | 3 |
Current Active Listings
As of this report, there are 1,223 active listings in Hemet with a median asking price of $255,000 and an average of 149 days on market.
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