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Market Intelligence · CA / Riverside County

Hemet, CA home prices and housing market

3 ZIP markets liveData updated September 2026Typical value$447K1-yr changeUp0.1%

The typical home value in Hemet, CA is $447K as of September 2026, up 0.1% from a year ago, based on the Zillow Home Value Index. In the typical Hemet ZIP code, the median list price is $438K and homes spend a median of 70 days on market as of September 2026 (Realtor.com).

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The coverage

Hemet, by the numbers.

Typical home valueZillow ZHVI, September 2026
$447K
1-yr changeMedian across Hemet ZIPs
+0.1%
ZIP markets live4 tracked in Hemet
3
County
Riverside County

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12-month value trend

+0.1% over 12 months

Typical home value in Hemet over the last 12 months: $447K in Sep 2025 to $447K in Sep 2026 (+0.1%).

Sep 2025$447K

Sep 2026$447K

Median Zillow home value index across Hemet's ZIP codes.

Context

Hemet's housing market has been steady over the past year. The typical home value was $447,322 as of September 2026, up 0.1% over the past year. Buyers had 339 homes for sale to choose from, with 154 new listings coming on the market that month. Homes moved slowly, with a median of 70 days on market. The median list price was $437,500, and 17.5% of listings had taken a price cut, a sign that some sellers were pricing above what buyers would pay. For a homeowner deciding whether to sell, Hemet is a slow but stable market, so realistic pricing from day one matters more than timing.

The numbers

What is the housing market like in Hemet, CA?

Typical home value

$447K

Up0.1%YoY

Median list price

$438K

Days on market

70

Homes for sale

339

Price cuts

17.5%

New listings

154

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

Figures reflect Hemet's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Hemet, CA home prices over time

Typical home values in Hemet, CA are up 0.1% over the past year, from $447K in September 2025 to $447K in September 2026.

Typical home value in Hemet, CA, September of each year
MonthTypical value1-yr change
September 2026$447,322+0.1%
September 2025$446,774No prior year

Typical value is the median Zillow Home Value Index across Hemet ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Hemet, CA a buyer's or seller's market?

Hemet, CA leans toward a buyer's market.

Homes are taking longer to sell, which gives buyers more room to negotiate.

Based on a median of 70 days on market and 18% of listings with a price cut in the typical Hemet ZIP code, and 154 new listings against 339 active listings across Hemet, as of September 2026 (Realtor.com).

The outlook

Hemet housing market forecast 2027

0.0%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 3 Hemet ZIP codes, points to typical home values holding roughly flat by September 2027 (no change).

Over the 12 months through September 2026, typical home values in Hemet rose 0.1%, per the Zillow Home Value Index.

Will home prices drop in Hemet?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Hemet shows typical home values holding roughly flat by September 2027 (no change), after a 0.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 3 Hemet ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Hemet?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 4 Hemet ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Hemet, CA home prices.

How much is a home in Hemet worth?

The typical home value in Hemet was $447,322 as of September 2026, up 0.1% over the past year. This is a citywide figure, so an individual home may be worth more or less.

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

Homes in Hemet spent a median of 70 days on market as of September 2026. That points to a slower pace, so sellers should plan for a longer timeline.

Are sellers in Hemet cutting prices?

Yes, some are. As of September 2026, 17.5% of the 339 homes for sale in Hemet had taken a price cut, while the median list price was $437,500.

Are home prices going up or down in Hemet, CA?

Typical home values in Hemet, CA are up 0.1% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Hemet, CA a buyer's or seller's market?

Hemet, CA leans toward a buyer's market. Homes are taking longer to sell, which gives buyers more room to negotiate. Based on a median of 70 days on market and 18% of listings with a price cut in the typical Hemet ZIP code, and 154 new listings against 339 active listings across Hemet, as of September 2026 (Realtor.com).

Nearby markets

More California housing markets.

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