San Bernardino, CA Housing Market Report

The San Bernardino housing market is currently experiencing a period of stabilization and transition as of December 2025. With a median home value of $479,861 and a sale-to-list ratio of exactly 1, the market has shifted away from the aggressive bidding wars of previous years toward a more balanced environment. While inventory has increased by 5.36% year-over-year to 14,384 active listings, the market remains relatively tight, though the increase in days on market to 71 suggests that buyers are exercising more caution and taking advantage of their increased leverage.

Price trends over the last six months indicate a subtle 'U-shaped' recovery. After a slight dip through the late summer and early fall of 2025, values began to climb again in November and December. Despite a year-over-year decrease of 1.78%, the recent month-over-month gains suggest that the floor for local property values has likely been established. This price resilience is occurring even as the rental market remains robust, with median rents rising 4.22% to $1,986, which continues to position homeownership as a viable long-term financial alternative for many residents in the Riverside-San Bernardino-Ontario metro area.

Looking ahead, both buyers and sellers should prepare for a market defined by patience. For sellers, the increase in time on market means properties must be priced accurately and presented in top condition to stand out among the growing inventory. For buyers, the current conditions offer a rare window of opportunity where they can negotiate without the pressure of immediate competition, yet still benefit from a market that is showing signs of renewed appreciation. As inventory continues to grow, the selection for prospective homeowners is the best it has been in several cycles, though high rental demand will likely keep a steady floor under property valuations.