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 | Del Norte County | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $425,192 | $642,203 | $242,182 |
| Price Trend (Annual %) | 23.5% | 10.0% | 8.2% |
| Median Gross Rent | $1,181 | $1,955 | $1,342 |
| Rent Trend (Annual %) | 5.5% | 6.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Del Norte County is about 34% lower than in California. Rent is about 40% 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 Del Norte County, up about 23.5% and 5.5% a year respectively. Home prices are changing faster.
Median rent in Del Norte County rose about 46.1% between 2015 and 2023, from $808 to $1,181. Over the same span, rent in California rose about 55.7%.
Affordability
On average, housing unit costs 6.3 yearly household incomes in Del Norte County.
Buying the median-priced home in Del Norte County costs roughly 30.0 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 Del Norte County. The price-to-rent ratio in California is about 27.4.
| Metric | Del Norte County | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $425,192 | $642,203 | $242,182 |
| Median Household Income | $67,775 | $96,718 | $78,145 |
| Price-to-Income Ratio | 6.3 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Del Norte County rose about 180.1%, while median household income rose about 77.4% 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 | Del Norte County | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.4% | 51.6% | 58.2% |
| Rental Rate | 24.8% | 40.9% | 31.3% |
| Vacancy Rate | 13.8% | 7.6% | 10.6% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Del Norte County has a homeownership rate of 61.4%, higher than the California average of 51.6%. Its housing vacancy rate is 13.8%, compared with 7.6% in California.
Housing Stock
| Metric | Del Norte County | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.37 people | 2.85 people | 2.54 people |
| Median Structure Built Year | 1981 | 1975 | 1978 |
| Median Number of Rooms | 5.4 | 5.0 | 5.5 |
The typical housing unit in Del Norte County was built around 1981. On average, 2.4 people live in a home with about 5.4 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Del Norte County, California.
What is the median home price in Del Norte County, California?
The median home price in Del Norte County, California is $425,192, lower than the California average of $642,203.
What is the average home price in Del Norte 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 Del Norte County, California?
The median gross rent in Del Norte County, California is $1,181 per month, lower than the California average of $1,955.
What was the median gross rent in Del Norte County in 2020?
In 2020, the median gross rent in Del Norte County, California was $945 per month.
What is the price-to-rent ratio in Del Norte County, California?
The price-to-rent ratio in Del Norte County, California is about 30.0, meaning it would take roughly 30.0 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 Del Norte County.
Are home prices or rent rising faster in Del Norte County, California?
Both home prices and rent are rising in Del Norte County, up about 23.5% and 5.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Del Norte County, California?
61.4% of households in Del Norte County, California own their home, higher than the California average of 51.6%.
What is the vacancy rate in Del Norte County, California?
The housing vacancy rate in Del Norte County, California is 13.8%, higher than the California average of 7.6%.