Lynwood, California Housing Market Prices
Lynwood 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 4% below the California median$625,000
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Median rent 19% below the California median$1,658
Housing Market Overview
| Metric | Lynwood | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $625,000 | $650,794 | $248,835 |
| Price Trend (Annual %) | 13.4% | 8.9% | 7.5% |
| Median Gross Rent | $1,658 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.9% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lynwood is about 4% lower than in California. Rent is about 19% 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 Lynwood, up about 13.4% and 5.9% a year respectively. Home prices are changing faster.
Median rent in Lynwood rose about 58.1% between 2015 and 2024, from $1,049 to $1,658. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 8.3 yearly household incomes in Lynwood.
Buying the median-priced home in Lynwood costs roughly 31.4 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 Lynwood. The price-to-rent ratio in California is about 26.6.
| Metric | Lynwood | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $625,000 | $650,794 | $248,835 |
| Median Household Income | $74,926 | $99,161 | $80,455 |
| Price-to-Income Ratio | 8.3 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lynwood rose about 166.1%, while median household income rose about 62.3% 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 | Lynwood | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 46.4% | 51.7% | 58.5% |
| Rental Rate | 50.9% | 40.8% | 31.2% |
| Vacancy Rate | 2.8% | 7.5% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Lynwood has a homeownership rate of 46.4%, lower than the California average of 51.7%. Its housing vacancy rate is 2.8%, compared with 7.5% in California.
Housing Stock
| Metric | Lynwood | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 4.01 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1952 | 1975 | 1978 |
| Median Number of Rooms | 4.4 | 5.0 | 5.5 |
The typical housing unit in Lynwood was built around 1952. On average, 4.0 people live in a home with about 4.4 rooms, staying for about 17.0 years on average.
Lynwood, CA Housing Compared With Nearby Cities
How Lynwood, CA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lynwood, CA | 62,939 | $625,000 #2/2 | $1,658 #1/2 | 47.7% #2/2 |
| Compton, CA | 94,573 | $664,791 | $1,652 | 56.1% |
Frequently Asked Questions
Common questions about the housing market in Lynwood, California.
What is the median home price in Lynwood, California?
The median home price in Lynwood, California is $625,000, lower than the California average of $650,794.
What is the average home price in Lynwood, California?
The typical home price in Lynwood, California, reported as the median sale price, is $625,000. 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 Lynwood, California?
The median gross rent in Lynwood, California is $1,658 per month, lower than the California average of $2,036.
What was the median gross rent in Lynwood in 2020?
In 2020, the median gross rent in Lynwood, California was $1,263 per month.
What is the price-to-rent ratio in Lynwood, California?
The price-to-rent ratio in Lynwood, California is about 31.4, meaning it would take roughly 31.4 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 Lynwood.
Are home prices or rent rising faster in Lynwood, California?
Both home prices and rent are rising in Lynwood, up about 13.4% and 5.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lynwood, California?
46.4% of households in Lynwood, California own their home, lower than the California average of 51.7%.
What is the vacancy rate in Lynwood, California?
The housing vacancy rate in Lynwood, California is 2.8%, lower than the California average of 7.5%.
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