Housing in Hemet, CA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$436,500
Median List Price
$424,900
Price Per Sq Ft
$256
Days on Market
53
Active Inventory
231
Months of Supply
3.7
Seller's market
Zillow Home Value
$436,811
ZHVI — January 2026
Zillow Rent Index
$1,955
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
37.1%
Off Market in 2 Weeks
16.7%
Sale-to-List Ratio
99.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
62
New Listings
98
Pending Sales
90
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$256
Median List $/SF
$258
Hemet vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Hemet is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$314,200
Median Rent
$1,432
Total Housing Units
34,908
Vacancy Rate
8.0%
Owner Occupied
63.1%
Renter Occupied
36.9%
Median Property Tax
$2,262
per year
Monthly Cost (w/ Mortgage)
$1,273
Housing Types
The current median sale price in Hemet, CA is $436,500 according to Redfin data. Homes spend a median of 53 days on the market. 37.1% of homes sold above asking price. The market has 3.7 months of supply. The median price per square foot is $256. Zillow's observed rent index is $1,955/month. About 63.1% of housing units are owner-occupied. The median year homes were built is 1983. There are 34,908 total housing units.