Lemoore Housing Market Report – May 2026
Here's a look at how the Lemoore, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 25
- Median Sale Price: $380,000
- Average Sale Price: $400,716
- Average Price Per Sq Ft: $237
- Average Days on Market: 63
- Sale-to-List Price Ratio: 98.9%
Month-Over-Month Trends
Compared to April, the median sale price in Lemoore moved 6.2% down (from $405,000 to $380,000). The number of homes sold was 32.4% down compared to the prior month (37 vs. 25). Average days on market shifted 5.0% up (60 days to 63 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 25.2% down (from $508,000 to $380,000). Sales volume is 56.1% down year-over-year.
What This Means
Lemoore's real estate market is cooling noticeably as we head into summer. The median price dropped 6.2% month-over-month to $380,000, continuing a steeper year-over-year decline of 25.2%. While the sale-to-list ratio of 98.9% suggests homes are still fetching near asking price, the broader price trajectory points to a buyer's market gaining traction. Sellers are feeling the pressure, and those listing homes need realistic expectations about what the market will bear.
Activity has slowed considerably on both fronts. Sales volume fell 32% from April, and homes are lingering about three days longer on the market—now averaging 63 days. The 128 active listings represent meaningful inventory, with properties waiting an average of 97 days before selling. This shift gives buyers room to negotiate and shop carefully, a stark change from the tight conditions many California markets experienced just a year ago.
What's driving this? The year-over-year price drop of 25% is significant and likely reflects broader economic headwinds—rising interest rates have dampened buyer demand, while the pandemic-era migration surge that buoyed Central Valley communities appears to be plateauing. For sellers, patience is essential; for buyers, conditions are genuinely favorable.
Lemoore Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93245 | 25 | $380,000 | $237 | 63 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 22 | $382,500 | $246 |
| OTHER | 3 | $350,000 | $176 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 4 |
| $300K - $399K | 11 |
| $400K - $499K | 8 |
| $500K - $749K | 1 |
| $750K+ | 1 |
Current Active Listings
As of this report, there are 128 active listings in Lemoore with a median asking price of $403,750 and an average of 97 days on market.
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