Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$548,076
$1,474

Housing Market Overview

Metric Florence-Graham California Avg US Average
Median Home Price $548,076 $642,203 $242,182
Price Trend (Annual %) 6.6% 10.0% 8.2%
Median Gross Rent $1,474 $1,955 $1,342
Rent Trend (Annual %) 5.2% 6.0% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Florence-Graham
California
United States
Year Florence-Graham California United States
Median Rent Over Time
Florence-Graham
California
United States
Year Florence-Graham California United States

Affordability

On average, housing unit costs 8.9 yearly household incomes in Florence-Graham.

Metric Florence-Graham California Avg US Average
Median Home Price $548,076 $642,203 $242,182
Median Household Income $61,572 $96,718 $78,145
Price-to-Income Ratio 8.9 6.6 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Florence-Graham California Avg US Average
Homeownership Rate 35.9% 51.6% 58.2%
Rental Rate 60.2% 40.9% 31.3%
Vacancy Rate 3.9% 7.6% 10.6%
Median Tenure (years) 15.0 15.0 15.0
Median Year Moved In 2011 2011 2011

Housing Stock

Metric Florence-Graham California Avg US Average
Average Household Size 4.21 people 2.85 people 2.54 people
Median Structure Built Year 1951 1975 1978
Median Number of Rooms 4.6 5.0 5.5