Hemet Housing Market Report – April 2026

By Jessica

Here's a look at how the Hemet, CA real estate market performed in April 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 146
  • Median Sale Price: $376,000
  • Average Sale Price: $333,714
  • Average Price Per Sq Ft: $228
  • Average Days on Market: 105
  • Sale-to-List Price Ratio: 97.8%

Month-Over-Month Trends

Compared to March, the median sale price in Hemet moved 6.2% down (from $401,000 to $376,000). The number of homes sold was 0.7% up compared to the prior month (145 vs. 146). Average days on market shifted 7.1% up (98 days to 105 days).

Year-Over-Year Comparison

Compared to April 2025, the median sale price is 6.0% down (from $400,000 to $376,000). Sales volume is 20.2% down year-over-year.

What This Means

Hemet's housing market is cooling down as spring inventory builds up. While sales volume ticked up slightly month-over-month, the year-over-year drop of 20.2% tells the real story—fewer buyers are active than this time last year. Median prices have slipped about 6% in both monthly and annual comparisons, settling around $376,000, and homes are taking longer to sell. The average days on market jumped from 98 to 105, suggesting buyers have more choices and less urgency to rush into offers.

The real pressure point is that massive inventory jump. With over 1,000 active listings and median asking prices hovering near $224,000, there's a significant disconnect between what sellers are asking and what's actually moving. The 97.8% sale-to-list ratio indicates homes are fetching close to asking price, but those properties are lingering longer on the market—some new listings are averaging 146 days before sale. This suggests the lower-priced inventory is accumulating faster than it's clearing.

For buyers, this is a rare bright spot in California. More inventory, softer prices, and weaker competition mean better negotiating power than we've seen in years. Sellers, though, may need to reset expectations if they're hoping for quick sales at premium prices. Hemet's market has shifted decidedly in the buyer's favor.

Hemet Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
92544 62 $404,950 $257 106
92545 55 $399,900 $216 95
92543 29 $181,500 $189 119

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 89 $460,000 $276
MOBILE 49 $123,000 $132
LAND 6 $130,000 N/A
CONDOS 2 $166,750 $134

Sales by Price Range

Price Range Homes Sold
Under $100K 23
$100K - $199K 21
$200K - $299K 16
$300K - $399K 20
$400K - $499K 37
$500K - $749K 27
$750K+ 2

Current Active Listings

As of this report, there are 1,068 active listings in Hemet with a median asking price of $223,900 and an average of 146 days on market.

Thinking About Selling Your Hemet Home?

If you're a homeowner in Hemet considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Hemet and throughout Riverside County — get a no-obligation cash offer today.