Diamond Bar, California Housing Market Prices
Diamond Bar 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 99% above the California median$1,293,304
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Median rent 26% above the California median$2,566
Housing Market Overview
| Metric | Diamond Bar | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,293,304 | $650,794 | $248,835 |
| Price Trend (Annual %) | 15.0% | 8.9% | 7.5% |
| Median Gross Rent | $2,566 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Diamond Bar is about 99% higher than in California. Rent is about 26% 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 Diamond Bar, up about 15.0% and 4.3% a year respectively. Home prices are changing faster.
Median rent in Diamond Bar rose about 43.0% between 2015 and 2024, from $1,795 to $2,566. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 12.0 yearly household incomes in Diamond Bar.
Buying the median-priced home in Diamond Bar costs roughly 42.0 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 Diamond Bar. The price-to-rent ratio in California is about 26.6.
| Metric | Diamond Bar | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,293,304 | $650,794 | $248,835 |
| Median Household Income | $107,781 | $99,161 | $80,455 |
| Price-to-Income Ratio | 12.0 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Diamond Bar rose about 130.2%, while median household income rose about 15.1% 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 | Diamond Bar | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.7% | 51.7% | 58.5% |
| Rental Rate | 22.3% | 40.8% | 31.2% |
| Vacancy Rate | 5.1% | 7.5% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Diamond Bar has a homeownership rate of 72.7%, higher than the California average of 51.7%. Its housing vacancy rate is 5.1%, compared with 7.5% in California.
Housing Stock
| Metric | Diamond Bar | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.94 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1979 | 1975 | 1978 |
| Median Number of Rooms | 6.0 | 5.0 | 5.5 |
The typical housing unit in Diamond Bar was built around 1979. On average, 2.9 people live in a home with about 6.0 rooms, staying for about 18.0 years on average.
Diamond Bar, CA Housing Compared With Nearby Cities
How Diamond Bar, CA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Diamond Bar, CA | 46,382 | $1,293,304 #1/3 | $2,566 #2/3 | 76.6% #2/3 |
| Walnut, CA | 27,757 | $1,112,146 | $3,186 | 83.7% |
| Pomona, CA | 148,496 | $529,653 | $1,812 | 54.0% |
Frequently Asked Questions
Common questions about the housing market in Diamond Bar, California.
What is the median home price in Diamond Bar, California?
The median home price in Diamond Bar, California is $1,293,304, higher than the California average of $650,794.
What is the average home price in Diamond Bar, California?
The typical home price in Diamond Bar, California, reported as the median sale price, is $1,293,304. 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 Diamond Bar, California?
The median gross rent in Diamond Bar, California is $2,566 per month, higher than the California average of $2,036.
What was the median gross rent in Diamond Bar in 2020?
In 2020, the median gross rent in Diamond Bar, California was $2,050 per month.
What is the price-to-rent ratio in Diamond Bar, California?
The price-to-rent ratio in Diamond Bar, California is about 42.0, meaning it would take roughly 42.0 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 Diamond Bar.
Are home prices or rent rising faster in Diamond Bar, California?
Both home prices and rent are rising in Diamond Bar, up about 15.0% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Diamond Bar, California?
72.7% of households in Diamond Bar, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Diamond Bar, California?
The housing vacancy rate in Diamond Bar, California is 5.1%, lower than the California average of 7.5%.
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