Placentia, California Housing Market Prices
Placentia 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.
-
Median home price 87% above the California median$1,214,218
-
Median rent 14% above the California median$2,320
Housing Market Overview
| Metric | Placentia | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,214,218 | $650,794 | $248,835 |
| Price Trend (Annual %) | 13.5% | 8.9% | 7.5% |
| Median Gross Rent | $2,320 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.7% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Placentia is about 87% higher than in California. Rent is about 14% 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 Placentia, up about 13.5% and 5.7% a year respectively. Home prices are changing faster.
Median rent in Placentia rose about 58.4% between 2015 and 2024, from $1,465 to $2,320. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 11.1 yearly household incomes in Placentia.
Buying the median-priced home in Placentia costs roughly 43.6 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 Placentia. The price-to-rent ratio in California is about 26.6.
| Metric | Placentia | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,214,218 | $650,794 | $248,835 |
| Median Household Income | $109,667 | $99,161 | $80,455 |
| Price-to-Income Ratio | 11.1 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Placentia rose about 167.9%, while median household income rose about 46.5% 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 | Placentia | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.4% | 51.7% | 58.5% |
| Rental Rate | 39.3% | 40.8% | 31.2% |
| Vacancy Rate | 4.3% | 7.5% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Placentia has a homeownership rate of 56.4%, higher than the California average of 51.7%. Its housing vacancy rate is 4.3%, compared with 7.5% in California.
Housing Stock
| Metric | Placentia | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.98 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1979 | 1975 | 1978 |
| Median Number of Rooms | 5.5 | 5.0 | 5.5 |
The typical housing unit in Placentia was built around 1979. On average, 3.0 people live in a home with about 5.5 rooms, staying for about 15.0 years on average.
Placentia, CA Housing Compared With Nearby Cities
Placentia, CA is the smallest of the 4 cities compared here, 53,416 residents against a local median of 142,090. Where Placentia, CA breaks from the cities next to it is median home price, sitting 47% above the local median of $824,306 at $1,214,218.
The cities themselves spread $344,980 on median home price, so Placentia, CA sits at one end of an already wide local range rather than apart from it. Placentia, CA has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Placentia, CA | 53,416 | $1,214,218 #1/4 | $2,320 #1/4 | 59.0% #1/4 |
| Anaheim, CA | 333,336 | $824,306 | $2,171 | 46.7% |
| Fullerton, CA | 142,090 | $717,116 | $2,196 | 52.8% |
| Orange, CA | 133,060 | $1,062,096 | $2,306 | 56.2% |
Frequently Asked Questions
Common questions about the housing market in Placentia, California.
What is the median home price in Placentia, California?
The median home price in Placentia, California is $1,214,218, higher than the California average of $650,794.
What is the average home price in Placentia, California?
The typical home price in Placentia, California, reported as the median sale price, is $1,214,218. 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 Placentia, California?
The median gross rent in Placentia, California is $2,320 per month, higher than the California average of $2,036.
What was the median gross rent in Placentia in 2020?
In 2020, the median gross rent in Placentia, California was $1,815 per month.
What is the price-to-rent ratio in Placentia, California?
The price-to-rent ratio in Placentia, California is about 43.6, meaning it would take roughly 43.6 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 Placentia.
Are home prices or rent rising faster in Placentia, California?
Both home prices and rent are rising in Placentia, up about 13.5% and 5.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Placentia, California?
56.4% of households in Placentia, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Placentia, California?
The housing vacancy rate in Placentia, California is 4.3%, lower than the California average of 7.5%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →