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Foreclosure Homes in Hemet, CA

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View this home at Briarwood Ave Hemet CA 92544
Preforeclosure
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$274,000 EMV
Briarwood Ave
Hemet, CA 92544
Multi-Family
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4 |
5
EST. RENT: $1,580
|
AUCTION: 05-01-2024
Multi-Family
|
4 |
5
View this home at Santa Clara Cir Hemet CA 92543
Preforeclosure
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$9,974 List Price
Santa Clara Cir
Hemet, CA 92543
Single-Family
|
2 |
2
|
1,334
EST. RENT: $0
|
AUCTION: 04-30-2024
Single-Family
|
2 |
2
|
1,334
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Hemet, CA Foreclosures

How much do homes sell for in Hemet, CA?
The average home price is currently $346,365.
In Hemet, CA, how many homes are available?
There are currently 41,388 active home listings available in Hemet.
What’s the average rental cost in Hemet, CA?
The average rental price in Hemet is $1,325.
What is the most expensive home in Hemet, California?
The most expensive home sold in Hemet had a price of $7,920,900.
What is currently the cheapest priced home in Hemet, CA?
The cheapest home for sale in Hemet is priced at $33,100.

Home Value Estimator For Hemet, CA

There are currently 41,388 real estate properties in Hemet, CA, with a median automated valuation model (AVM) price of $376,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hemet, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hemet, CA, is $346,365.00, with the most expensive house in Hemet, CA, topping out at $7,920,900.00 and the cheapest home in Hemet, CA, clocking in at $33,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Hemet, CA!


Rent Prices In Hemet, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hemet, CA, is on a rollercoaster ride. The average rent price in Hemet, CA, is $1,325.00. Indeed, when looking to rent in Hemet, CA, you can expect to pay as little as $580.00 or as much as $4,300.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Hemet, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Hemet, CA In 2024

Hemet is located in Riverside, California, with an estimated municipal population of 85,334 residents. All of the best foreclosed homes for sale in Hemet are located in the following zip code areas on Foreclosure.com: 92545 92543 92546. The estimated population per square kilometer (.62 miles) in Hemet is 1,125.


Cost Of Living In Hemet, CA

So, about how much do homes cost in Hemet? The most recent median value of resident-owned homes in Hemet is 169,221. An estimated 58.5 percent of households in Hemet own their homes, with an average family size of 3.65. The median household income in Hemet is 39,726, with12.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hemet, the median commute time of resident workers (in minutes) is 34.9. And last, but certainly not least, are you looking for homes to rent in Hemet? If so, the average rent price paid by renters in Hemet is 1,096, according to recent statistics.


Diversity And Demographics In Hemet, California

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Hemet, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Hemet is 38.9, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Hemet is 44.6, with an average family size of 3.65.

The percentage of residents who report their race in Hemet is as follows:

White 74.5%
Black / African American 8%
Asian 3%
American Indian / Alaskan Native 1.3%
Native Hawaiian / Other Pacifc Islander 0.4%
Multi-racial 4.6%
Other 8.3%

Looking for family-friendly neighborhoods in and/or near Hemet? Or maybe you are searching for 55+ active adult communities in and/or near Hemet?

The percentage of residents who report their age in Hemet is as follows:

Under 10 14.2%
Aged 10-19 14.8%
20s 11.6%
30s 10.7%
40s 10%
50s 10.3%
60s 12.4%
70s 9.3%
80+ 6.5%

Best Schools In Hemet, California

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Hemet with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hemet.


Pros And Cons Of Living In Hemet, California

How do you know that living in -- or moving to -- Hemet is right where you need to be? Perhaps you grew up in Hemet or already live nearby; therefore, the decision to buy a home in Hemet is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hemet for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Hemet:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hemet.


Reasons To Move To Hemet, California, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hemet can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hemet, meanwhile, can field multiple offers from more qualified buyers.

Hemet, CA Foreclosures


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