Campbell, California Housing Market Prices
Campbell Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 179% above the California median$1,814,764
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Median rent 30% above the California median$2,643
Housing Market Overview
| Metric | Campbell | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,814,764 | $650,794 | $248,835 |
| Price Trend (Annual %) | 8.0% | 8.9% | 7.5% |
| Median Gross Rent | $2,643 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Campbell is about 179% higher than in California. Rent is about 30% higher than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Campbell, up about 8.0% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Campbell rose about 62.9% between 2015 and 2024, from $1,622 to $2,643. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 13.1 yearly household incomes in Campbell.
Buying the median-priced home in Campbell costs roughly 57.2 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Campbell. The price-to-rent ratio in California is about 26.6.
| Metric | Campbell | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,814,764 | $650,794 | $248,835 |
| Median Household Income | $139,034 | $99,161 | $80,455 |
| Price-to-Income Ratio | 13.1 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Campbell rose about 176.1%, while median household income rose about 82.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Campbell | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 46.4% | 51.7% | 58.5% |
| Rental Rate | 46.9% | 40.8% | 31.2% |
| Vacancy Rate | 6.8% | 7.5% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Campbell has a homeownership rate of 46.4%, lower than the California average of 51.7%. Its housing vacancy rate is 6.8%, compared with 7.5% in California.
Housing Stock
| Metric | Campbell | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.53 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1973 | 1975 | 1978 |
| Median Number of Rooms | 4.6 | 5.0 | 5.5 |
The typical housing unit in Campbell was built around 1973. On average, 2.5 people live in a home with about 4.6 rooms, staying for about 13.0 years on average.
Campbell, CA Housing Compared With Nearby Cities
How Campbell, CA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Campbell, CA | 46,259 | $1,814,764 #2/2 | $2,643 #2/2 | 49.7% #2/2 |
| Los Gatos, CA | 32,480 | $2,156,387 | $3,354 | 67.5% |
Frequently Asked Questions
Common questions about the housing market in Campbell, California.
What is the median home price in Campbell, California?
The median home price in Campbell, California is $1,814,764, higher than the California average of $650,794.
What is the average home price in Campbell, California?
The typical home price in Campbell, California, reported as the median sale price, is $1,814,764. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Campbell, California?
The median gross rent in Campbell, California is $2,643 per month, higher than the California average of $2,036.
What was the median gross rent in Campbell in 2020?
In 2020, the median gross rent in Campbell, California was $2,243 per month.
What is the price-to-rent ratio in Campbell, California?
The price-to-rent ratio in Campbell, California is about 57.2, meaning it would take roughly 57.2 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Campbell.
Are home prices or rent rising faster in Campbell, California?
Both home prices and rent are rising in Campbell, up about 8.0% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Campbell, California?
46.4% of households in Campbell, California own their home, lower than the California average of 51.7%.
What is the vacancy rate in Campbell, California?
The housing vacancy rate in Campbell, California is 6.8%, lower than the California average of 7.5%.
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