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Morro Hills

FALLBROOK, CA 92028

Real Estate Market Report  ·  San Diego County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 92028

Morro Hills

Market Analysis

Data as of March 2026. Source: Realtor.com.

The FALLBROOK, CA real estate market (92028) currently shows 237 active listings, with 75 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has increased compared to last year, with 37 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 49 days on market compared to 45 days last year.

The median listing price has fallen 6.6% year-over-year, from $1,097,000 to $1,024,500.

Whether you are buying or selling in FALLBROOK, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 51,135  ·  Density: 169.2/mi²  ·  Median household income: $96,160

Typical home value: $710,517  ·  Homeownership: 69.6%

Market Overview

Active Listings
237
⇧ 18.5% vs 200 last year
Pending
75
32% pending ratio
Median Price
$1,024,500
⇩ 6.6% vs $1,097,000 last year
Average Price
$1,168,835
⇩ 8.2% vs $1,272,910 last year
Days on Market
49
⇧ 8.9% vs 45 days last year

Price Per Square Foot

Median $/sqft
$429
⇩ 2.7% vs $441/sqft last year
Median Home Size
2,407 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 237 this year vs 200 last year
  • Days on market: 49 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $1,024,500 (-6.6% YoY)
  • Average: $1,168,835 (-8.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.2 miles — 1,698 listings ($1,895,177,339 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
92028Fallbrook, CA 920280.0 mi208$255,229,728$1,065,000$1,227,066
92003Bonsall, CA 920037.0 mi34$38,809,062$953,000$1,141,443
92057Oceanside, CA 920579.8 mi154$114,779,896$649,999$745,324
92084Vista, CA 9208411.2 mi86$114,004,524$1,197,194$1,325,634
92562Murrieta, CA 9256212.6 mi278$330,409,672$726,972$1,188,524
92056Oceanside, CA 9205613.2 mi121$105,758,598$854,975$874,038
92563Murrieta, CA 9256314.5 mi200$146,502,200$699,000$732,511
92069San Marcos, CA 9206915.1 mi76$73,878,384$895,000$972,084
92081Vista, CA 9208115.3 mi58$52,732,324$878,225$909,178
92595Wildomar, CA 9259516.0 mi84$61,973,100$716,975$737,775
92008Carlsbad, CA 9200817.4 mi85$219,397,325$1,894,750$2,581,145
92672San Clemente, CA 9267218.1 mi80$215,979,280$2,011,250$2,699,741
92584Menifee, CA 9258419.2 mi234$165,723,246$654,000$708,219

Frequently Asked Questions

How many homes are for sale in FALLBROOK, CA 92028?

As of March 2026, there are 237 active listings in FALLBROOK, CA (zip code 92028), compared to 200 the prior year.

What is the median home price in FALLBROOK, CA 92028?

The median listing price in FALLBROOK, CA 92028 is $1,024,500 as of March 2026, a 6.6% decrease from $1,097,000 the prior year.

How long do homes stay on the market in FALLBROOK, CA?

Homes in FALLBROOK, CA 92028 spend an average of 49 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in FALLBROOK, CA 92028?

Based on current inventory and days-on-market data as of March 2026, FALLBROOK, CA 92028 is currently a Buyer's Market. Inventory has increased compared to last year, with 37 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 49 days on market compared to 45 days last year.

How much can I save on real estate commission in FALLBROOK, CA?

With SELL123.com's maximum 3% commission, sellers in FALLBROOK, CA 92028 save an estimated $20,490 compared to a typical 5% commission on the median listing price of $1,024,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.