Poway, California Housing Market Prices
Poway 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 68% above the California median$1,092,294
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Median rent 13% above the California median$2,301
Housing Market Overview
| Metric | Poway | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,092,294 | $650,794 | $248,835 |
| Price Trend (Annual %) | 11.0% | 8.9% | 7.5% |
| Median Gross Rent | $2,301 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.5% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Poway is about 68% higher than in California. Rent is about 13% 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 Poway, up about 11.0% and 5.5% a year respectively. Home prices are changing faster.
Median rent in Poway rose about 57.8% between 2015 and 2024, from $1,458 to $2,301. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 7.5 yearly household incomes in Poway.
Buying the median-priced home in Poway costs roughly 39.6 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 Poway. The price-to-rent ratio in California is about 26.6.
| Metric | Poway | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,092,294 | $650,794 | $248,835 |
| Median Household Income | $145,747 | $99,161 | $80,455 |
| Price-to-Income Ratio | 7.5 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Poway rose about 140.3%, while median household income rose about 44.0% 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 | Poway | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.9% | 51.7% | 58.5% |
| Rental Rate | 24.2% | 40.8% | 31.2% |
| Vacancy Rate | 3.0% | 7.5% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Poway has a homeownership rate of 72.9%, higher than the California average of 51.7%. Its housing vacancy rate is 3.0%, compared with 7.5% in California.
Housing Stock
| Metric | Poway | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.90 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1981 | 1975 | 1978 |
| Median Number of Rooms | 6.1 | 5.0 | 5.5 |
The typical housing unit in Poway was built around 1981. On average, 2.9 people live in a home with about 6.1 rooms, staying for about 16.0 years on average.
Poway, CA Housing Compared With Nearby Cities
How Poway, CA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Poway, CA | 47,169 | $1,092,294 #1/3 | $2,301 #1/3 | 75.1% #1/3 |
| Santee, CA | 58,712 | $590,423 | $2,277 | 72.1% |
| Escondido, CA | 125,771 | $573,661 | $2,006 | 50.0% |
Frequently Asked Questions
Common questions about the housing market in Poway, California.
What is the median home price in Poway, California?
The median home price in Poway, California is $1,092,294, higher than the California average of $650,794.
What is the average home price in Poway, California?
The typical home price in Poway, California, reported as the median sale price, is $1,092,294. 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 Poway, California?
The median gross rent in Poway, California is $2,301 per month, higher than the California average of $2,036.
What was the median gross rent in Poway in 2020?
In 2020, the median gross rent in Poway, California was $1,643 per month.
What is the price-to-rent ratio in Poway, California?
The price-to-rent ratio in Poway, California is about 39.6, meaning it would take roughly 39.6 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 Poway.
Are home prices or rent rising faster in Poway, California?
Both home prices and rent are rising in Poway, up about 11.0% and 5.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Poway, California?
72.9% of households in Poway, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Poway, California?
The housing vacancy rate in Poway, California is 3.0%, lower than the California average of 7.5%.
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