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Preforeclosure Homes in Hemet, CA 92544

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Hemet, CA Foreclosures

How much do homes sell for in Hemet, CA?
The average home price is currently $382,458.
In Hemet, CA, how many homes are available?
There are currently 41 active home listings available in Hemet.
What’s the average rental cost in Hemet, CA?
The average rental price in Hemet is $1,319.
What is the most expensive home in Hemet?
The most expensive home sold in Hemet had a price of $32,286,690.
What is currently the cheapest priced home in Hemet, CA?
The cheapest home for sale in Hemet is priced at $10,387.

Living in Hemet, CA

Hemet, CA is a charming city known for its warm community and beautiful surrounding nature. The area offers various recreational activities, quality education options, and a peaceful lifestyle suitable for families and retirees. With convenient transportation routes, Hemet provides easy access to larger urban centers while retaining its unique character.

Current Market Conditions in Hemet, CA

The real estate market in Hemet has been showing a gradual increase in home values, driven by consistent demand and a moderate supply of homes. This trend reflects the city's growing popularity among homebuyers seeking affordable options in Riverside County.

Investors are particularly interested in Hemet due to its rising rental market and the potential for capital appreciation. Many residents are drawn to the area for its affordability compared to nearby cities, making Hemet a strategic choice for real estate investment.

Home Value Estimator For Hemet, CA

There are currently 44,802 real estate properties in Hemet, CA, with a median automated valuation model (AVM) price of $391,992.00. 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 $382,458.00, with the most expensive house in Hemet, CA, topping out at $32,286,690.00 and the cheapest home in Hemet, CA, clocking in at $10,387.00. 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 $1,319.00. 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 $1,290.00. 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.

Hemet, CA 92544 Preforeclosure Homes


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