Redlands Market Update – May 2026

The Redlands real estate market in May 2026 is best described as one word: transitioning. After years of a red-hot seller's market, we're settling into something more balanced — and if you're thinking about buying or selling, understanding what the numbers actually mean makes all the difference.

Here's my breakdown of where things stand right now.

Median Home Prices

As of this week, the median list price in Redlands is sitting at $781,995. That's the ask side. On the sold side, the median sale price has been running around $662,000, up approximately 2.3% year over year, with a median price per square foot of $372.

The gap between list and sale prices tells you something important: homes are selling for about 98.36% of asking price, which means overpriced listings are sitting and well-priced homes are still moving. Sellers who price strategically are winning. Those who don't are contributing to the next stat.

Days on Market

Homes in Redlands are averaging about 67 days on market — more than double the pace we saw just a couple of years ago when homes were flying off the market in weeks. The Market Action Index has been cooling consistently over recent weeks, dropping from 45 last month to 43 today, as more homes become available and demand softens slightly.

What does that mean in plain English? Buyers have time to think. They're not making panic offers. If your home has been sitting, it's almost certainly a pricing or presentation issue — and both are fixable.

Inventory

Active inventory in Redlands has risen to 114 homes currently on the market. That's more supply than we've seen in quite a while, and it's giving buyers options they didn't have before. That said, we're still nowhere near a true buyer's market — this is a balanced market, and with homes continuing to sell at 98%+ of list price and both buyers and sellers having equal negotiating opportunity, conditions remain stable for anyone who is well-prepared.

The Rate Reality

You can't talk about the market without talking about mortgage rates. The average 30-year fixed rate mortgage is currently at 6.36%, with 15-year loans averaging 5.71%. Rates have come down from their peak, but they're still a factor that's keeping some would-be sellers locked in place. Roughly 77% of California homeowners have mortgage rates below 5%, and moving to a new home at today's rates could cost them significantly more per month — a dynamic that's continuing to hold back some inventory.

This is worth understanding whether you're buying or selling. If you're a seller wondering whether now is the right time, the answer depends less on the market and more on your personal situation and goals.

My Take as a Local Expert

I've been selling homes in Redlands since 2001, and I've watched this market through multiple cycles. What I'm seeing right now isn't alarming — it's a normalization. Prices are holding. Demand is real. The buyers out there right now are serious and qualified; they're just not in a frenzy.

If you're a seller, this is not the market to wing it. Pricing it right from day one, presenting it beautifully, and marketing it aggressively matters more than ever. That's exactly what I do — and with my staging company, Reveal Home Staging, I also make sure your home shows at its absolute best before we ever hit the market.

If you're a buyer, this is honestly a better window than we've seen in years. You have time, you have options, and there's room to negotiate.

Thinking about making a move in Redlands?

Let's talk. I'd love to pull the most current numbers specific to your neighborhood, your price point, and your goals.

📞 909.213.8565 ✉️ [email protected] 🌐 https://inlandempirehomelink.com/properties/sale