Lodi, California Housing Market Prices
Lodi 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 18% below the California median$535,601
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Median rent 20% below the California median$1,625
Housing Market Overview
| Metric | Lodi | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $535,601 | $650,794 | $248,835 |
| Price Trend (Annual %) | 13.7% | 8.9% | 7.5% |
| Median Gross Rent | $1,625 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 6.4% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lodi is about 18% lower than in California. Rent is about 20% lower 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 Lodi, up about 13.7% and 6.4% a year respectively. Home prices are changing faster.
Median rent in Lodi rose about 67.0% between 2015 and 2024, from $973 to $1,625. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 6.3 yearly household incomes in Lodi.
Buying the median-priced home in Lodi costs roughly 27.5 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 Lodi. The price-to-rent ratio in California is about 26.6.
| Metric | Lodi | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $535,601 | $650,794 | $248,835 |
| Median Household Income | $84,557 | $99,161 | $80,455 |
| Price-to-Income Ratio | 6.3 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lodi rose about 161.7%, while median household income rose about 60.9% 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 | Lodi | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 50.7% | 51.7% | 58.5% |
| Rental Rate | 42.6% | 40.8% | 31.2% |
| Vacancy Rate | 6.7% | 7.5% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Lodi has a homeownership rate of 50.7%, lower than the California average of 51.7%. Its housing vacancy rate is 6.7%, compared with 7.5% in California.
Housing Stock
| Metric | Lodi | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.89 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1971 | 1975 | 1978 |
| Median Number of Rooms | 5.1 | 5.0 | 5.5 |
The typical housing unit in Lodi was built around 1971. On average, 2.9 people live in a home with about 5.1 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Lodi, California.
What is the median home price in Lodi, California?
The median home price in Lodi, California is $535,601, lower than the California average of $650,794.
What is the average home price in Lodi, California?
The typical home price in Lodi, California, reported as the median sale price, is $535,601. 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 Lodi, California?
The median gross rent in Lodi, California is $1,625 per month, lower than the California average of $2,036.
What was the median gross rent in Lodi in 2020?
In 2020, the median gross rent in Lodi, California was $1,243 per month.
What is the price-to-rent ratio in Lodi, California?
The price-to-rent ratio in Lodi, California is about 27.5, meaning it would take roughly 27.5 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 Lodi.
Are home prices or rent rising faster in Lodi, California?
Both home prices and rent are rising in Lodi, up about 13.7% and 6.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lodi, California?
50.7% of households in Lodi, California own their home, lower than the California average of 51.7%.
What is the vacancy rate in Lodi, California?
The housing vacancy rate in Lodi, California is 6.7%, lower than the California average of 7.5%.
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