Daly City, California Housing Market Prices
Daly City 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.
-
Median home price 66% above the California median$1,079,827
-
Median rent 25% above the California median$2,535
Housing Market Overview
| Metric | Daly City | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,079,827 | $650,794 | $248,835 |
| Price Trend (Annual %) | 10.6% | 8.9% | 7.5% |
| Median Gross Rent | $2,535 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 4.6% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Daly City is about 66% higher than in California. Rent is about 25% 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 Daly City, up about 10.6% and 4.6% a year respectively. Home prices are changing faster.
Median rent in Daly City rose about 51.1% between 2015 and 2024, from $1,678 to $2,535. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 8.8 yearly household incomes in Daly City.
Buying the median-priced home in Daly City costs roughly 35.5 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 Daly City. The price-to-rent ratio in California is about 26.6.
| Metric | Daly City | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,079,827 | $650,794 | $248,835 |
| Median Household Income | $123,180 | $99,161 | $80,455 |
| Price-to-Income Ratio | 8.8 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Daly City rose about 98.3%, while median household income rose about 65.8% 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 | Daly City | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.1% | 51.7% | 58.5% |
| Rental Rate | 37.1% | 40.8% | 31.2% |
| Vacancy Rate | 10.8% | 7.5% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Daly City has a homeownership rate of 52.1%, about the same as the California average of 51.7%. Its housing vacancy rate is 10.8%, compared with 7.5% in California.
Housing Stock
| Metric | Daly City | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.11 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1965 | 1975 | 1978 |
| Median Number of Rooms | 4.6 | 5.0 | 5.5 |
The typical housing unit in Daly City was built around 1965. On average, 3.1 people live in a home with about 4.6 rooms, staying for about 18.0 years on average.
Daly City, CA Housing Compared With Nearby Cities
How Daly City, CA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Daly City, CA | 89,440 | $1,079,827 #2/2 | $2,535 #2/2 | 58.4% #2/2 |
| Pacifica, CA | 27,360 | $1,288,422 | $3,049 | 65.5% |
Frequently Asked Questions
Common questions about the housing market in Daly City, California.
What is the median home price in Daly City, California?
The median home price in Daly City, California is $1,079,827, higher than the California average of $650,794.
What is the average home price in Daly City, California?
The typical home price in Daly City, California, reported as the median sale price, is $1,079,827. 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 Daly City, California?
The median gross rent in Daly City, California is $2,535 per month, higher than the California average of $2,036.
What was the median gross rent in Daly City in 2020?
In 2020, the median gross rent in Daly City, California was $2,237 per month.
What is the price-to-rent ratio in Daly City, California?
The price-to-rent ratio in Daly City, California is about 35.5, meaning it would take roughly 35.5 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 Daly City.
Are home prices or rent rising faster in Daly City, California?
Both home prices and rent are rising in Daly City, up about 10.6% and 4.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Daly City, California?
52.1% of households in Daly City, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Daly City, California?
The housing vacancy rate in Daly City, California is 10.8%, higher than the California average of 7.5%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →