Ceres, California Housing Market Prices
Ceres 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 35% below the California median$421,111
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Median rent 22% below the California median$1,590
Housing Market Overview
| Metric | Ceres | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $421,111 | $650,794 | $248,835 |
| Price Trend (Annual %) | 11.7% | 8.9% | 7.5% |
| Median Gross Rent | $1,590 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 6.0% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ceres is about 35% lower than in California. Rent is about 22% lower 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 Ceres, up about 11.7% and 6.0% a year respectively. Home prices are changing faster.
Median rent in Ceres rose about 63.1% between 2015 and 2024, from $975 to $1,590. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 5.5 yearly household incomes in Ceres.
Buying the median-priced home in Ceres costs roughly 22.1 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 Ceres. The price-to-rent ratio in California is about 26.6.
| Metric | Ceres | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $421,111 | $650,794 | $248,835 |
| Median Household Income | $76,645 | $99,161 | $80,455 |
| Price-to-Income Ratio | 5.5 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Ceres rose about 106.0%, while median household income rose about 50.1% 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 | Ceres | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.1% | 51.7% | 58.5% |
| Rental Rate | 37.3% | 40.8% | 31.2% |
| Vacancy Rate | 3.6% | 7.5% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Ceres has a homeownership rate of 59.1%, higher than the California average of 51.7%. Its housing vacancy rate is 3.6%, compared with 7.5% in California.
Housing Stock
| Metric | Ceres | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.43 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1985 | 1975 | 1978 |
| Median Number of Rooms | 5.4 | 5.0 | 5.5 |
The typical housing unit in Ceres was built around 1985. On average, 3.4 people live in a home with about 5.4 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Ceres, California.
What is the median home price in Ceres, California?
The median home price in Ceres, California is $421,111, lower than the California average of $650,794.
What is the average home price in Ceres, California?
The typical home price in Ceres, California, reported as the median sale price, is $421,111. 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 Ceres, California?
The median gross rent in Ceres, California is $1,590 per month, lower than the California average of $2,036.
What was the median gross rent in Ceres in 2020?
In 2020, the median gross rent in Ceres, California was $1,199 per month.
What is the price-to-rent ratio in Ceres, California?
The price-to-rent ratio in Ceres, California is about 22.1, meaning it would take roughly 22.1 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 Ceres.
Are home prices or rent rising faster in Ceres, California?
Both home prices and rent are rising in Ceres, up about 11.7% and 6.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Ceres, California?
59.1% of households in Ceres, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Ceres, California?
The housing vacancy rate in Ceres, California is 3.6%, lower than the California average of 7.5%.
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