92274 Housing Market
Median List Price
$314,900
Updated August 2026
Today, the 92274 ZIP code in Thermal, CA has 45 homes for sale at a median list price of $314,900, typically selling in about 65 days.
92274 Housing Market Overview
The median list price in the 92274 ZIP code is $314,900. That is roughly in line with the Thermal median. Current inventory stands at 45 active listings.
Expect a median around $255,000 for two bedroom homes and $3.9M at the six bedroom end. February to July saw the median price go from $330,000 to $341,000, up about 3.3%.
92274 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 11.3 months of supply is more than current demand absorbs, and the typical home takes about 65 days to sell. At the same time, selling times have improved 20% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$315K
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
11.3 months of supply
Ample Supply45 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~65 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 20% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 51% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 92274 Area
Homeownership is higher than average, and most households in this area own rather than rent.
62%
Homeowners
38%
Renters
Homeownership is 6.5 points higher than the California average (55.5%)
640 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $190K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$710K)
Price Reductions
18 listings have reduced their price
40% of active listings
Average reduction: 10.7% (~$34K)
Browse 92274 Listings
Frequently Asked Questions about the 92274 Housing Market
What is the median home price in the 92274 ZIP code?
The median list price in the 92274 ZIP code is $314,900 as of August 2026, based on 45 active listings.
Is the 92274 ZIP code a buyer's market or a seller's market?
The 92274 ZIP code currently reads as a buyer's market. Active inventory works out to about 11.3 months of supply at the recent sales pace.
How fast do homes sell in the 92274 ZIP code?
The average home currently for sale in the 92274 ZIP code has been on the market for 65 days.
How many homes are for sale in the 92274 ZIP code?
There are 45 homes for sale in the 92274 ZIP code right now.