Home prices
The cost of the median home in Hemet is $196,700. In comparison to the surrounding areas it is about $38,800 (16%) lower.In comparison to the rest of the country it is approximately $20,800 (9%) lower, and it is roughly $440,200 (69%) lower in comparison to the city of Los Angeles.
Rents
Hemet's median rent is $1,096 per month. This is about $214 (16%) lower in comparison to other places in this area.It is roughly $34 (3%) higher compared to the United States as a whole, and it is roughly $354 (24%) lower compared to the city of Los Angeles.
Nearby places
East Hemet
East Hemet is Hemet's neighbor to the east. Its real estate prices are a bit more expensive. The value of the median home in East Hemet is $243,100, which works out to $46,400 (19%) higher than Hemet. Rents there are somewhat more expensive. East Hemet's median monthly rent is $1,311, which works out to $215 (16%) higher than Hemet.
Green Acres
Green Acres is Hemet's neighbor to the west. Real estate prices there are fairly similar. The median home in Green Acres costs $193,300, which works out to $3,400 (1%) lower than Hemet. Rent there is a little more expensive. The median rent in Green Acres is $1,571 per month, which is $475 (30%) higher than Hemet.
Winchester
Winchester is Hemet's neighbor to the west. Its housing prices are significantly more expensive. Winchester's median home price is $315,500, which comes out to $118,800 (37%) higher than Hemet. The rent there is a bit more expensive. In Winchester the median monthly rent is $1,272, which works out to $176 (13%) higher than Hemet.
San Jacinto
San Jacinto is Hemet's neighbor to the north. The real estate prices there are somewhat more expensive. The median home value in San Jacinto is $241,000, which comes out to $44,300 (18%) higher than Hemet. Its rents are a little more expensive. The median rent in San Jacinto is $1,224 per month, which comes out to $128 (10%) higher than Hemet.
Valle Vista
Valle Vista is Hemet's neighbor to the east. The housing prices there are somewhat less expensive. The median home in Valle Vista costs $184,600, which comes out to $12,100 (6%) lower than Hemet. Rent there is a little more expensive. Valle Vista's median rent is $1,173 per month, which comes out to $77 (6%) higher than Hemet.
