Pomona, California Housing Market Prices
Pomona 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 19% below the California median$529,653
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Median rent 11% below the California median$1,812
Housing Market Overview
| Metric | Pomona | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $529,653 | $650,794 | $248,835 |
| Price Trend (Annual %) | 5.3% | 8.9% | 7.5% |
| Median Gross Rent | $1,812 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.5% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Pomona is about 19% lower than in California. Rent is about 11% 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 Pomona, up about 5.3% and 5.5% a year respectively. Rent is changing faster.
Median rent in Pomona rose about 57.3% between 2015 and 2024, from $1,152 to $1,812. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 6.6 yearly household incomes in Pomona.
Buying the median-priced home in Pomona costs roughly 24.4 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 Pomona. The price-to-rent ratio in California is about 26.6.
| Metric | Pomona | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $529,653 | $650,794 | $248,835 |
| Median Household Income | $80,439 | $99,161 | $80,455 |
| Price-to-Income Ratio | 6.6 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Pomona rose about 70.2%, while median household income rose about 48.0% 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 | Pomona | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.9% | 51.7% | 58.5% |
| Rental Rate | 44.2% | 40.8% | 31.2% |
| Vacancy Rate | 3.9% | 7.5% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Pomona has a homeownership rate of 51.9%, about the same as the California average of 51.7%. Its housing vacancy rate is 3.9%, compared with 7.5% in California.
Housing Stock
| Metric | Pomona | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.37 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1968 | 1975 | 1978 |
| Median Number of Rooms | 4.8 | 5.0 | 5.5 |
The typical housing unit in Pomona was built around 1968. On average, 3.4 people live in a home with about 4.8 rooms, staying for about 15.0 years on average.
Pomona, CA Housing Compared With Nearby Cities
How Pomona, CA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Pomona, CA | 148,496 | $529,653 #3/3 | $1,812 #3/3 | 54.0% #3/3 |
| La Verne, CA | 29,835 | $1,485,412 | $2,307 | 68.9% |
| Diamond Bar, CA | 46,382 | $1,293,304 | $2,566 | 76.6% |
Frequently Asked Questions
Common questions about the housing market in Pomona, California.
What is the median home price in Pomona, California?
The median home price in Pomona, California is $529,653, lower than the California average of $650,794.
What is the average home price in Pomona, California?
The typical home price in Pomona, California, reported as the median sale price, is $529,653. 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 Pomona, California?
The median gross rent in Pomona, California is $1,812 per month, lower than the California average of $2,036.
What was the median gross rent in Pomona in 2020?
In 2020, the median gross rent in Pomona, California was $1,405 per month.
What is the price-to-rent ratio in Pomona, California?
The price-to-rent ratio in Pomona, California is about 24.4, meaning it would take roughly 24.4 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 Pomona.
Are home prices or rent rising faster in Pomona, California?
Both home prices and rent are rising in Pomona, up about 5.3% and 5.5% a year respectively. Rent is changing faster.
What is the homeownership rate in Pomona, California?
51.9% of households in Pomona, California own their home, about the same as the California average.
What is the vacancy rate in Pomona, California?
The housing vacancy rate in Pomona, California is 3.9%, lower than the California average of 7.5%.
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