Lemon Grove Housing Market Report – May 2026
Here's a look at how the Lemon Grove, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 22
- Median Sale Price: $724,350
- Average Sale Price: $692,877
- Average Price Per Sq Ft: $503
- Average Days on Market: 63
- Sale-to-List Price Ratio: 99.9%
Month-Over-Month Trends
Compared to April, the median sale price in Lemon Grove moved 14.8% up (from $631,000 to $724,350). The number of homes sold was 12.0% down compared to the prior month (25 vs. 22). 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 11.1% down (from $815,000 to $724,350). Sales volume is 46.7% up year-over-year.
What This Means
Lemon Grove's housing market is showing mixed signals this May. The median price jumped 14.8% month-over-month to $724,350, which looks strong on the surface, but the year-over-year comparison tells a different story—prices are actually down 11.1% from May 2025. This suggests we're recovering from a seasonal dip rather than experiencing genuine appreciation. The near-perfect 99.9% sale-to-list ratio indicates healthy buyer demand and competitive conditions, though homes are staying on the market about a week longer than last month.
The slower sales velocity this month, combined with rising inventory and longer days on market, hints that the spring buyer rush may be cooling. With 40 active listings and prices hovering around $760,000, the market is becoming slightly less favorable for sellers than it was in April. Interest rates and broader economic uncertainty could be tempering buyer enthusiasm heading into summer. The property mix remains diverse with mostly single-family homes, which continue to drive the market.
Bottom line: Lemon Grove isn't booming, but it's not struggling either. It's a balanced market transitioning into the slower summer months, with prices moderating from last year's peaks.
Lemon Grove Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91945 | 22 | $724,350 | $503 | 63 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 14 | $750,000 | $528 |
| CONDOS | 6 | $514,500 | $435 |
| MULTI_FAMILY | 2 | $906,166 | $526 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 2 |
| $400K - $499K | 1 |
| $500K - $749K | 10 |
| $750K+ | 9 |
Current Active Listings
As of this report, there are 40 active listings in Lemon Grove with a median asking price of $759,500 and an average of 49 days on market.
Thinking About Selling Your Lemon Grove Home?
If you're a homeowner in Lemon Grove 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 Lemon Grove and throughout San Diego County — get a no-obligation cash offer today.