Hemet Housing Market Report – March 2026

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

Market Snapshot

Homes Sold: 145
Median Sale Price: $401,000
Average Sale Price: $353,269
Average Price Per Sq Ft: $223
Average Days on Market: 98
Sale-to-List Price Ratio: 98.9%

Month-Over-Month Trends

Compared to February, the median sale price in Hemet moved 0.4% up (from $399,350 to $401,000). The number of homes sold was 45.0% up compared to the prior month (100 vs. 145). Average days on market shifted 10.9% down (110 days to 98 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 4.3% down (from $419,000 to $401,000). Sales volume is 20.8% down year-over-year.

What This Means

Hemet's housing market is showing some mixed but encouraging signals heading into spring. The big story this month is the surge in sales volume, which jumped 45 percent from February to March. That's a solid seasonal bump as we enter the traditionally stronger selling months, and it suggests buyers are starting to shake off winter doldrums. However, the year-over-year comparison tells a different tale—sales are still down nearly 21 percent compared to March 2025, indicating this market remains softer than it was a year ago.

The pricing picture is equally nuanced. While the median price ticked up slightly month-over-month, it's actually down 4.3 percent year-over-year at $401,000. That's a notable decline, though the sale-to-list price ratio of 98.9 percent suggests sellers are still getting close to asking prices. Homes are spending about 98 days on market now, which is faster than last month but still indicates a buyer's market where properties need time to sell.

The oversupply of active listings—nearly 1,000 homes available with an average of 147 days on market—reinforces that sellers have the upper hand right now. For buyers, this is a relatively favorable environment with inventory and price flexibility. For sellers, expect to be competitive and realistic with pricing if you want to move quickly.

Hemet Sales by Zip Code

Zip Code	Homes Sold	Median Price	Avg $/SqFt	Avg DOM
92545	63	$419,000	$219	81
92544	42	$447,500	$248	100
92543	40	$261,350	$206	120

Sales by Property Type

Property Type	Homes Sold	Median Price	Avg $/SqFt
SINGLE_FAMILY	91	$455,000	$268
MOBILE	43	$130,000	$121
LAND	6	$144,500	N/A
MULTI_FAMILY	3	$450,000	$276
CONDOS	1	$262,700	$196
OTHER	1	$50,000	N/A

Sales by Price Range

Price Range	Homes Sold
Under $100K	20
$100K - $199K	13
$200K - $299K	23
$300K - $399K	14
$400K - $499K	44
$500K - $749K	29
$750K+	2

Current Active Listings

As of this report, there are 995 active listings in Hemet with a median asking price of $224,800 and an average of 147 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 the Central Valley — get a no-obligation cash offer today.