Market Intelligence · CA / Fallbrook

Fallbrook, CA 92028 Housing Market

The typical home value in Fallbrook, CA 92028 is $877,219, up 1.1% over the past year as of September 2026. The median list price sits at $1,036,250, and homes are spending a median of 65 days on market.

Updated September 2026Median value$877K

The median home value in Fallbrook, CA 92028 is $877K as of September 2026, up 1.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 92028 range

$807K to $947K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.1% over 12 months

Sep 2025$868K

Low $867KHigh $877K

Sep 2026$877K

The numbers

What is the 92028 housing market like?

As of September 2026

Typical home value

$877K

1.1%YoY

Median list price

$1.04M

5.7%MoM

Days on market

6.6%MoM

Homes for sale

174

1.8%MoM

Price cuts

16.5%

18.6%MoM

New listings

30.8%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

92028 housing market forecast 2027

+0.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 92028 to rise 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in 92028 rose 1.1%, per the Zillow Home Value Index.

Will home prices drop in 92028?

Zillow's forecast does not call for a drop: it expects typical home values in 92028 to rise 0.6% by September 2027, after a 1.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 92028 home prices compare?

92028$877,219
Fallbrook$877,219
California$692,765
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Fallbrook: 1 ZIP; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there were 174 homes for sale in Fallbrook, CA 92028, with 68 new listings coming on the market. The median list price of $1,036,250 sits well above the typical home value of $877,219, which suggests many active listings are priced at the higher end of the local range. Homes are taking a median of 65 days to sell, so this is not a fast market. About 16.5% of listings have taken a price cut. For a seller, the honest read is that values are holding steady but buyers are negotiating, so pricing realistically from the start matters.

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Common questions

What people ask us.

How much is a home in 92028 worth?

The typical home value in Fallbrook, CA 92028 is $877,219 as of September 2026, up 1.1% over the past year.

How long does it take to sell a home in 92028?

Homes in 92028 are spending a median of 65 days on market as of September 2026.

How many homes are for sale in 92028?

There were 174 homes for sale as of September 2026, including 68 new listings.

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Nearby ZIP markets.

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