The Hemet housing market is somewhat competitive. Homes in Hemet receive 3 offers on average and sell in around 49 days. The median sale price of a home in Hemet was $470K last month, up 4.9% since last year. The median sale price per square foot in Hemet is $257, up 3.6% since last year.
In August 2024, Hemet home prices were up 4.9% compared to last year, selling for a median price of $470K. On average, homes in Hemet sell after 49 days on the market compared to 36 days last year. There were 115 homes sold in August this year, up from 109 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$470,000
+4.9% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Hemet, CA
$470,000
+4.9%
United States
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How hot is the Hemet housing market?
Hemet is somewhat competitive. Homes sell in 40 days.
0
100
59
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 40 days.
Hot homes
can sell for about 2% above list price and go pending in around 15 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Hemet
Explore recent offers and recently sold homes in Hemet
Recent offers
Offer Not Accepted|
6 Weeks Ago
~$475K Offer
Sold for $500K
6bd | 3ba | ~2,750sqft
Under List Price
7%
Days on Market
63
Competing Offers
3
Offer
All Cash
Alicia Ives
Hemet Redfin Agent
Client is an investor and is writing very low offers
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Hemet housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Hemet.
Flood Factor - Minor
2% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Hemet has a minor risk of flooding. 503 properties in Hemet are likely to be
severely affected
by flooding over the next 30 years. This represents 2% of all properties in Hemet. Flood risk is increasing slower than the national average.
95% of properties are at risk of wildfire over the next 30 years
Fire Factor
Hemet has a major risk of wildfire. There are 26,196 properties in Hemet that have some risk of being affected by wildfire over the next 30 years. This represents 95% of all properties in Hemet.