The story of this market
The typical home in ZIP 92544 sells for about $448,250, or $229 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $1,627 a month.
ZIP 92544 — Hemet
The housing market in ZIP 92544 is currently balanced, with home prices showing modest year-over-year growth. Demand remains steady due to the area's relative affordability, though higher interest rates and inventory levels have stabilized the pace of sales. Buyers are finding a more competitive environment than in previous years, with homes selling near the asking price.
This ZIP is well-suited for families and retirees seeking more affordable housing options compared to the coastal regions of Southern California. It attracts commuters who are willing to trade longer drive times for lower entry-level home prices.
Median prices moved up 2.1% year over year.
Homes spend a median of 50 days on market with 6.0 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.3% · poverty 16.9% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 92544, Riverside County CA
Crime rates in Hemet are generally higher than the national average, with property crime being the most frequently reported issue. Local law enforcement continues to focus on community policing initiatives to address these trends.
Schools in the Hemet area are primarily served by the Hemet Unified School District, which faces challenges with student performance metrics compared to state averages. Several charter and alternative education options are available to families within the district boundaries.
The area is subject to wildfire risk common to the Inland Empire region, necessitating adherence to fire-safe building codes and vegetation management. Flood risk is generally low, though localized drainage issues can occur during heavy seasonal rains.
Economic growth is driven by the expansion of logistics, retail, and healthcare sectors in the Riverside County corridor. Infrastructure improvements are ongoing to support the population influx from more expensive coastal markets.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Commuters typically rely on State Route 74 and 79 to connect to the I-215 and I-15 corridors for access to major employment hubs in Riverside and Temecula. Public transit options are limited, making personal vehicle ownership essential for most residents.
Residents have access to local parks such as Gibbel Park and nearby Diamond Valley Lake for fishing and boating. Shopping and dining are concentrated along the Florida Avenue corridor, which serves as the primary commercial artery.
The rental market is characterized by steady demand and low vacancy rates, driven by affordability relative to the broader Southern California region. Investor interest remains active, particularly for single-family rentals.
The local economy is anchored by healthcare, education, and retail services. Significant employment is also found in the logistics and distribution sectors due to the area's proximity to major regional transportation routes.
Transportation is heavily reliant on the highway network, specifically SR-74 and SR-79. Regional transit connectivity is provided by Riverside Transit Agency bus services.
Development is focused on residential expansion in the eastern portions of the city and industrial growth near the city's periphery. Infrastructure upgrades are prioritized to manage traffic flow on major arterials.
The Riverside County Assessor maintains property values based on market sales and Proposition 13 guidelines. Assessments are updated annually to reflect changes in ownership and new construction.
Parcels are subject to various special districts, including Hemet Unified School District, local water districts, and potential Mello-Roos community facilities districts for infrastructure financing.
Property insurance premiums are rising due to increased wildfire risk in the Inland Empire. Homeowners are encouraged to maintain defensible space to mitigate coverage costs.
Data retrieved from data.census.gov using ZCTA 92544 profile tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Cabazon Dinosaurs - World's Biggest Dinosaurs4.518.2 mi
- Airtopia Adventure Park - Hemet4.69.7 mi
- Chuck E. Cheese3.710.5 mi
- Wilson Creek Winery4.614.1 mi
- Europa Village Wineries & Resort4.617 mi
- K1 Circuit - Outdoor Go Kart Track and Event Venue4.415.1 mi
- Leoness Cellars4.613.9 mi
- Moorten Botanical Garden4.619.5 mi
- Lake Skinner Recreation Area4.512.5 mi
- Airtopia Adventure Park - Hemet4.69.7 mi
- Mount San Jacinto State Park4.89.4 mi
- Western Science Center4.59 mi
- Doffo Winery4.512.8 mi
- Cabazon Dinosaurs - World's Biggest Dinosaurs4.518.2 mi
- Lorimar Vineyards and Winery4.415.1 mi
- Western Science Center4.59 mi
- Motte Historical Car Museum4.819.3 mi
- Ramona Bowl Amphitheatre4.67.2 mi
- Lake Skinner Recreation Area4.512.5 mi
- Mount San Jacinto State Park4.89.4 mi
- Idyllwild Nature Center4.89.3 mi
- Hurkey Creek Park4.69.3 mi
- Valley-Wide's Diamond Valley Lake Community Park4.68.6 mi
- Diamond Valley Lake Marina4.39.6 mi
- Lake Skinner Marina4.512.5 mi
- WinCo Foods4.511.6 mi
- Hemet Valley Mall3.610.5 mi
- Ross Dress for Less4.110.8 mi
- Sprouts Farmers Market4.510.4 mi
- dd's DISCOUNTS4.210.2 mi
- Palm Springs International Airport4.422.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Large reservoir offering fishing, boating, and hiking trails.
Community park featuring sports fields and picnic areas.
Regional retail hub serving the San Jacinto Valley.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.