Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Colusa County | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $199,456 | $642,203 | $242,182 |
| Price Trend (Annual %) | 10.6% | 10.0% | 8.2% |
| Median Gross Rent | $1,138 | $1,955 | $1,342 |
| Rent Trend (Annual %) | 3.6% | 6.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Colusa County is about 69% lower than in California. Rent is about 42% lower than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Colusa County, up about 10.6% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Colusa County rose about 31.0% between 2015 and 2023, from $869 to $1,138. Over the same span, rent in California rose about 55.7%.
Affordability
On average, housing unit costs 2.7 yearly household incomes in Colusa County.
Buying the median-priced home in Colusa County costs roughly 14.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Colusa County. The price-to-rent ratio in California is about 27.4.
| Metric | Colusa County | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $199,456 | $642,203 | $242,182 |
| Median Household Income | $75,123 | $96,718 | $78,145 |
| Price-to-Income Ratio | 2.7 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Colusa County rose about 72.9%, while median household income rose about 60.1% between 2009 and 2023 — 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 | Colusa County | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.0% | 51.6% | 58.2% |
| Rental Rate | 34.6% | 40.9% | 31.3% |
| Vacancy Rate | 8.5% | 7.6% | 10.6% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Colusa County has a homeownership rate of 57.0%, higher than the California average of 51.6%. Its housing vacancy rate is 8.5%, compared with 7.6% in California.
Housing Stock
| Metric | Colusa County | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.89 people | 2.85 people | 2.54 people |
| Median Structure Built Year | 1979 | 1975 | 1978 |
| Median Number of Rooms | 5.3 | 5.0 | 5.5 |
The typical housing unit in Colusa County was built around 1979. On average, 2.9 people live in a home with about 5.3 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Colusa County, California.
What is the median home price in Colusa County, California?
The median home price in Colusa County, California is $199,456, lower than the California average of $642,203.
What is the average home price in Colusa County, California?
The typical home price in %s, reported as the median sale price, is %s. 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 Colusa County, California?
The median gross rent in Colusa County, California is $1,138 per month, lower than the California average of $1,955.
What was the median gross rent in Colusa County in 2020?
In 2020, the median gross rent in Colusa County, California was $918 per month.
What is the price-to-rent ratio in Colusa County, California?
The price-to-rent ratio in Colusa County, California is about 14.6, meaning it would take roughly 14.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Colusa County.
Are home prices or rent rising faster in Colusa County, California?
Both home prices and rent are rising in Colusa County, up about 10.6% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Colusa County, California?
57.0% of households in Colusa County, California own their home, higher than the California average of 51.6%.
What is the vacancy rate in Colusa County, California?
The housing vacancy rate in Colusa County, California is 8.5%, higher than the California average of 7.6%.