San Bernardino’s housing market is experiencing notable shifts, with changes in home prices, rental rates, and new developments shaping the landscape.
Home Prices and Sales Trends
As of March 2026, the median sale price for homes in San Bernardino reached $515,000, marking a 5.1% increase from the previous year. Homes are selling faster, averaging 44 days on the market compared to 48 days last year. The number of homes sold also saw a slight uptick, with 108 sales in March 2026, up from 106 the previous year.
Rental Market Dynamics
The rental market in San Bernardino has also seen changes. As of March 31, 2026, the average rent was $1,925, reflecting a 2.2% increase over the past year. This trend indicates a steady demand for rental properties in the area.
New Housing Developments
Efforts to expand affordable housing are underway. The Alder Square project, part of the Arrowhead Grove redevelopment, broke ground in November 2025. This phase will add 92 affordable homes for families and individuals earning 30% to 80% of the area median income, with completion expected by mid-2027.
Additionally, organizations like NPHS are collaborating with local governments to develop affordable housing for low to moderate-income families in the Inland Valley areas, including San Bernardino. These initiatives aim to provide quality housing options and support community growth.
Market Outlook
San Bernardino’s housing market remains active, with rising home prices and rental rates indicating sustained demand. Ongoing development projects are set to enhance housing availability, particularly for affordable options. Prospective buyers and renters should stay informed about these trends to make well-informed decisions in this evolving market.