433 homes in Hemet
Hemet is a city in the San Jacinto Valley known for affordable housing and retirement communities. Features the Ramona Pageant outdoor amphitheater and access to San Jacinto Mountains.
Today, Hemet has 432 homes for sale at a median price of $409,000, typically selling in about 61 days. Families here choose from 1 schools rated 8 or higher on the Topfind School Score.
Powered by the Topfind School Score
Median Home Price
$430K
↓ 1.1% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
4.0 months of supply
Balanced Market433 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step—a steady flow of options without a glut. Listings typically sell in ~61 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs. Sales 34% faster than 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in Hemet
Homeownership is higher than average—most households in this area own rather than rent.
63%
Homeowners
37%
Renters
Homeownership is 7.5% higher than the California average (55.5%)
32,102 households (2023)
Affordability Snapshot
Typical home cost
$2,871/mo
Actual housing expense
Affordable budget (28%)
$1,251/mo
Based on median income
Median household income
$4,469/mo
Hemet
A typical home costs about 64% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$123K/year
Assumes housing costs ≤28% of income
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $148K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$282K)
Price Reductions
182 listings have reduced their price
42% of active listings
Average reduction: 5.4% (~$22K)
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