Hemet, CA Home Values & Market Trends
Real estate market trends reflect that there have been 1,925 transactions over the past year in Hemet. The median value for residential home transactions that occurred over the previous year is $440,646.63. The number of current listings in Hemet is 352, and the percentage of properties for sale in the city is 352.00%. Hemet, CA currently has 160 properties in foreclosure, 13 bank owned properties, 21 properties headed for auction, and 352 properties for sale.
Hemet, CA Real Estate Market Overview
Housing Market Summary for Hemet, CA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $316.8K | $416.3K | 31.42% |
| Median Sold Price | $418.7K | $416.3K | -0.59% |
| Homes For Sale | 320 | 341 | 6.56% |
| Homes Sold | 1,352 | 1,316 | -2.66% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Hemet, CA
Browse Homes in Hemet, CA
Hemet home values range from $47,665 to $3,246,000. The median estimated value of a home in Hemet is $440,646.63. The median list price of a home is 299,700, and the total count of properties in the city is 41,027.
- Pre-ForeclosurePre-foreclosure homes account for 0.31% of all residential properties in Hemet, CA with 92544 containing 53 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Hemet, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $945,900 in 92544 to the lowest home value of $236,250 in 92545.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hemet, CA ranges from the highest value of $399,500 in 92545 to the lowest value of $254,700 in 92543. Bank owned homes and properties account for 0.03% of properties in Hemet, CA. There are 3 zips within Hemet, CA; 92543 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions92544 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Hemet, CA. Auction homes and other auction properties account for 0.05% of all properties in Hemet, CA. There are 3 zips within Hemet, CA; of those zips, the median estimated home value for homes going to auction ranges from $537,000 in 92544 to the lowest value of $307,000 in 92544.
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Guide for Hemet, CA
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