Inland Empire’s median home sale price decreased by 2.5% in January compared to the same time last year, while national prices rose 1.3%.
Home prices home prices slip at the start of 2026, extending a modest decline
Inland Empire’s median home sale price declined 2.5% year over year in January 2026 to $575,000. Pricing peaked at $595,995 in April 2025 and has since eased slightly. January's year-over-year change marks the steepest decline since 2023, when the market recorded eight consecutive months of year‑over‑year price losses. In the current downturn, year-over-year pricing has been down or flat for four consecutive months.
Inland Empire condos buck the trend with pricing up year over year
Detached home sale prices declined by $10,000 year over year, or 1.7% change to $590,000. Attached home sale prices recorded the steepest drop, down 2.9% to $525,000, a $15,950 decline. Conversely, condo sale prices rose at the end of 2025 and remained firm into early 2026, rising 2.0% year over year in January to $499,750, up $9,750.
Inland Empire home price change ranked 34th out of the top 40 U.S. markets
Inland Empire has become one of the weakest-performing U.S. markets for home price growth. Several other West region metros, as well as South region metros, also posted annual price declines, led by Raleigh, down 4.3% and Seattle, down 3.8%. Nationally, home values continued to appreciate in early 2026. The nationwide median sale price increased 1.3% year over year to $374,900. A handful of major Northeast markets joined several Midwestern metros among the strongest performers for annual home price appreciation.
For questions and commentary about this report:
Jesse Gundersheim, Senior Director of Market Analytics at CoStar and Homes.com, based in Irvine, is available for interviews to provide expert insights on this data and the broader residential real estate market.
Jesse Gundersheim
Senior Director of Market Analytics
Homes.com
Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all home sales are accounted for, they provide an early indication of home sale price appreciation in the Inland Empire during January 2026.
Definition of Sale Prices
Median home price is the midpoint sale price of homes closed during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.
For most markets, geographical coverage consists of the Census-defined Core-Based Statistical Area (CBSA). Data for San Francisco, Los Angeles, Miami, and New York is at the Metropolitan Division level.
About the Homes.com Market Analytics Team
The Homes.com Market Analytics group is a team of experienced analysts embedded in nearly 30 markets across North America. These experts reside in and regularly visit the markets they cover, providing local expertise and a national perspective on all sectors of real estate: residential, office, industrial, retail, and multifamily.
About Homes.com Analytics Data
The Homes.com analytic data is compiled by the CoStar Analytics team, the largest and most experienced analytics team in the real estate industry. The team consists of over 50 economists, analysts, and data scientists, who collectively have more than 900 years of real estate experience and over 30 advanced degrees. Analysts on the team live in and around the markets they cover, enabling them to build deep local knowledge and unique insights.
The data set being used by the team is one of the most comprehensive and robust in the industry. It spans all 393 metropolitan markets, 542 micropolitan markets, and over 35,000 local neighborhoods in the U.S. The data set is sourced from almost 500 Multiple Listing Service (MLS) providers around the country, as well as public record data from each market, and is supplemented by proprietary data collected by CoStar's team of over 2,000 researchers. It includes a complete inventory of all homes in the U.S., including homes for sale, homes for rent, new construction homes, as well as sale comps and rent comps.