Mead Valley, California Housing Market Prices
Mead Valley 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 53% below the California median$302,898
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Median rent 5% below the California median$1,940
Housing Market Overview
| Metric | Mead Valley | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $302,898 | $650,794 | $248,835 |
| Price Trend (Annual %) | 10.5% | 8.9% | 7.5% |
| Median Gross Rent | $1,940 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 7.9% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Mead Valley is about 53% lower than in California. Rent is about 5% 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 Mead Valley, up about 10.5% and 7.9% a year respectively. Home prices are changing faster.
Median rent in Mead Valley rose about 83.1% between 2015 and 2024, from $1,060 to $1,940. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in Mead Valley.
Buying the median-priced home in Mead Valley costs roughly 13.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Mead Valley. The price-to-rent ratio in California is about 26.6.
| Metric | Mead Valley | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $302,898 | $650,794 | $248,835 |
| Median Household Income | $88,491 | $99,161 | $80,455 |
| Price-to-Income Ratio | 3.4 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Mead Valley rose about 105.1%, while median household income rose about 82.0% 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 | Mead Valley | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.7% | 51.7% | 58.5% |
| Rental Rate | 25.3% | 40.8% | 31.2% |
| Vacancy Rate | 8.0% | 7.5% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Mead Valley has a homeownership rate of 66.7%, higher than the California average of 51.7%. Its housing vacancy rate is 8.0%, compared with 7.5% in California.
Housing Stock
| Metric | Mead Valley | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 4.39 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1981 | 1975 | 1978 |
| Median Number of Rooms | 5.4 | 5.0 | 5.5 |
The typical housing unit in Mead Valley was built around 1981. On average, 4.4 people live in a home with about 5.4 rooms, staying for about 15.0 years on average.
Mead Valley, CA Housing Compared With Nearby Cities
How Mead Valley, CA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Mead Valley, CA | 20,008 | $302,898 #2/2 | $1,940 #1/2 | 72.5% #1/2 |
| Perris, CA | 75,497 | $550,195 | $1,882 | 67.2% |
Frequently Asked Questions
Common questions about the housing market in Mead Valley, California.
What is the median home price in Mead Valley, California?
The median home price in Mead Valley, California is $302,898, lower than the California average of $650,794.
What is the average home price in Mead Valley, California?
The typical home price in Mead Valley, California, reported as the median sale price, is $302,898. 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 Mead Valley, California?
The median gross rent in Mead Valley, California is $1,940 per month, lower than the California average of $2,036.
What was the median gross rent in Mead Valley in 2020?
In 2020, the median gross rent in Mead Valley, California was $1,230 per month.
What is the price-to-rent ratio in Mead Valley, California?
The price-to-rent ratio in Mead Valley, California is about 13.0, meaning it would take roughly 13.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Mead Valley.
Are home prices or rent rising faster in Mead Valley, California?
Both home prices and rent are rising in Mead Valley, up about 10.5% and 7.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Mead Valley, California?
66.7% of households in Mead Valley, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Mead Valley, California?
The housing vacancy rate in Mead Valley, California is 8.0%, higher than the California average of 7.5%.
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