Ontario Housing Market Report – May 2026
Here's a look at how the Ontario, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 102
- Median Sale Price: $665,000
- Average Sale Price: $670,880
- Average Price Per Sq Ft: $429
- Average Days on Market: 72
- Sale-to-List Price Ratio: 100.7%
Month-Over-Month Trends
Compared to April, the median sale price in Ontario moved 3.6% up (from $641,923 to $665,000). The number of homes sold was 13.6% down compared to the prior month (118 vs. 102). Average days on market shifted 13.3% down (83 days to 72 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 3.1% up (from $645,000 to $665,000). Sales volume is 12.8% down year-over-year.
What This Means
Ontario's housing market is showing modest price appreciation paired with slower transaction activity this May. The median price climbed to $665,000, representing a 3.6% monthly gain and 3.1% year-over-year growth. While these increases are steady, they're modest by California standards, suggesting the market isn't overheating. More telling is the sales volume decline of 13.6% month-over-month, though buyers are still moving homes off the market relatively efficiently at 72 days average, down from 83 days the prior month.
The curious part of this picture is the disconnect between what's selling and what's listed. Active inventory sits at 725 homes with a median asking price of $616,109—significantly below what homes are actually fetching. This suggests either that newer listings are priced more optimistically or that older, pricier inventory isn't clearing. The fact that sellers are achieving 100.7% of list price despite softer transaction volume indicates strong fundamentals for those homes that do attract offers.
For buyers, the market remains challenging but slightly more favorable than spring. For sellers, patience is increasingly necessary, though pricing competitively relative to recent sales appears to remain key to success in this competitive inland Empire submarket.
Ontario Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91761 | 49 | $660,000 | $399 | 72 |
| 91762 | 33 | $643,990 | $449 | 70 |
| 91764 | 20 | $689,000 | $470 | 77 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 64 | $718,325 | $456 |
| CONDOS | 22 | $601,986 | $396 |
| TOWNHOMES | 8 | $554,495 | $391 |
| MULTI_FAMILY | 4 | $909,500 | $389 |
| CONDO | 2 | $475,000 | $396 |
| MOBILE | 2 | $170,500 | $126 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 2 |
| $300K - $399K | 3 |
| $400K - $499K | 9 |
| $500K - $749K | 64 |
| $750K+ | 24 |
Current Active Listings
As of this report, there are 725 active listings in Ontario with a median asking price of $616,109 and an average of 60 days on market.
Thinking About Selling Your Ontario Home?
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