The story of this market
The typical home in ZIP 92545 sells for about $456,365, or $243 per square foot.
Prices are up +6.9% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,899 a month.
ZIP 92545 — Hemet
The 92545 housing market is experiencing moderate growth with a 6.9% year-over-year increase in median sale prices. While inventory remains healthy, the market is showing signs of competitiveness with homes selling in approximately 45 days.
The area is suitable for family buyers and those seeking a quieter residential environment with a mix of single-family housing options.
Median prices moved up 6.9% year over year.
Homes spend a median of 45 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.2% · poverty 11.3% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 92545, Riverside County, CA
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%).
The rental market shows sustained demand with a median rent of $2,086, reflecting a 4.1% year-over-year increase.
The local economy is anchored by the broader Riverside County region, with a mix of residential and service-oriented industries.
Data not available in provided search results.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.