Home ValuePros

Market Intelligence · CA / Fallbrook

Fallbrook, CA 92028 Housing Market

Typical home value in Fallbrook, CA 92028 is $887,591, up 0.4% over the past year. The median list price sits at $1,099,000, with homes spending a median of 61 days on market.

Updated August 2026Median value$883K

The median home value in Fallbrook, CA 92028 is $883K as of August 2026, up 0.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 92028 range

$813K to $954K

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

+0.8% over 12 months

Typical home value in 92028 over the last 12 months: $876K in Aug 2025 to $883K in Aug 2026 (+0.8%).

Aug 2025$876K

Aug 2026$883K

The numbers

What is the 92028 housing market like?

Typical home value

$883K

Up0.8%YoY

Median list price

$1.1M

Down2.3%MoM

Days on market

61

Flat0.0%MoM

Homes for sale

171

Down9.0%MoM

Price cuts

20.3%

Down5.1%MoM

New listings

52

Down10.3%MoM

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

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The comparison

How do 92028 home prices compare?

  • 92028$883,277
  • Fallbrook$883,277
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Fallbrook: 1 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

Fallbrook has 171 homes for sale as of August 2026, with 52 new listings entering the market. The median time to sell stands at 61 days. One concern for sellers: 20.3% of listings have already taken a price cut, suggesting some resistance at current asking prices. The slight year-over-year gain in typical home value offers modest encouragement, but the prevalence of price reductions indicates a market where patience and realistic pricing matter.

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20% · $176,655

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