Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Housing Market Overview
| Metric | Stanton | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $140,415 | $642,203 | $242,182 |
| Price Trend (Annual %) | -8.9% | 10.0% | 8.2% |
| Median Gross Rent | $2,008 | $1,955 | $1,342 |
| Rent Trend (Annual %) | 5.9% | 6.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Stanton is about 78% lower than in California. Rent is about 3% higher than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Home prices and rent are moving in opposite directions in Stanton: home prices fell about 8.9% a year while rent rose about 5.9% a year. That is an unusual pattern worth watching.
Median rent in Stanton rose about 51.6% between 2015 and 2023, from $1,325 to $2,008. Over the same span, rent in California rose about 55.7%.
Affordability
On average, housing unit costs 1.8 yearly household incomes in Stanton.
Buying the median-priced home in Stanton costs roughly 5.8 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 Stanton. The price-to-rent ratio in California is about 27.4.
| Metric | Stanton | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $140,415 | $642,203 | $242,182 |
| Median Household Income | $78,594 | $96,718 | $78,145 |
| Price-to-Income Ratio | 1.8 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Stanton fell about 65.7%, while median household income rose about 48.7% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Stanton | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 45.4% | 51.6% | 58.2% |
| Rental Rate | 50.7% | 40.9% | 31.3% |
| Vacancy Rate | 3.9% | 7.6% | 10.6% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Stanton has a homeownership rate of 45.4%, lower than the California average of 51.6%. Its housing vacancy rate is 3.9%, compared with 7.6% in California.
Housing Stock
| Metric | Stanton | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.20 people | 2.85 people | 2.54 people |
| Median Structure Built Year | 1973 | 1975 | 1978 |
| Median Number of Rooms | 4.5 | 5.0 | 5.5 |
The typical housing unit in Stanton was built around 1973. On average, 3.2 people live in a home with about 4.5 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Stanton, California.
What is the median home price in Stanton, California?
The median home price in Stanton, California is $140,415, lower than the California average of $642,203.
What is the average home price in Stanton, California?
The typical home price in %s, reported as the median sale price, is %s. 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 Stanton, California?
The median gross rent in Stanton, California is $2,008 per month, higher than the California average of $1,955.
What was the median gross rent in Stanton in 2020?
In 2020, the median gross rent in Stanton, California was $1,690 per month.
What is the price-to-rent ratio in Stanton, California?
The price-to-rent ratio in Stanton, California is about 5.8, meaning it would take roughly 5.8 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 Stanton.
Are home prices or rent rising faster in Stanton, California?
Home prices and rent are moving in opposite directions in Stanton: home prices fell about 8.9% a year while rent rose about 5.9% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Stanton, California?
45.4% of households in Stanton, California own their home, lower than the California average of 51.6%.
What is the vacancy rate in Stanton, California?
The housing vacancy rate in Stanton, California is 3.9%, lower than the California average of 7.6%.