Temple City, California Housing Market Prices
Temple City 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 80% above the California median$1,170,303
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Median rent 4% above the California median$2,117
Housing Market Overview
| Metric | Temple City | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,170,303 | $650,794 | $248,835 |
| Price Trend (Annual %) | 12.5% | 8.9% | 7.5% |
| Median Gross Rent | $2,117 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 6.3% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Temple City is about 80% higher than in California. Rent is about 4% 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 Temple City, up about 12.5% and 6.3% a year respectively. Home prices are changing faster.
Median rent in Temple City rose about 69.6% between 2015 and 2024, from $1,248 to $2,117. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 11.4 yearly household incomes in Temple City.
Buying the median-priced home in Temple City costs roughly 46.1 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 Temple City. The price-to-rent ratio in California is about 26.6.
| Metric | Temple City | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,170,303 | $650,794 | $248,835 |
| Median Household Income | $103,002 | $99,161 | $80,455 |
| Price-to-Income Ratio | 11.4 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Temple City rose about 98.8%, while median household income rose about 41.4% 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 | Temple City | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.3% | 51.7% | 58.5% |
| Rental Rate | 35.6% | 40.8% | 31.2% |
| Vacancy Rate | 5.1% | 7.5% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Temple City has a homeownership rate of 59.3%, higher than the California average of 51.7%. Its housing vacancy rate is 5.1%, compared with 7.5% in California.
Housing Stock
| Metric | Temple City | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.99 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1962 | 1975 | 1978 |
| Median Number of Rooms | 5.3 | 5.0 | 5.5 |
The typical housing unit in Temple City was built around 1962. On average, 3.0 people live in a home with about 5.3 rooms, staying for about 16.0 years on average.
Temple City, CA Housing Compared With Nearby Cities
How Temple City, CA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Temple City, CA | 36,611 | $1,170,303 #2/3 | $2,117 #2/3 | 62.5% #1/3 |
| Arcadia, CA | 59,130 | $1,431,059 | $2,196 | 59.1% |
| El Monte, CA | 103,551 | $738,856 | $1,735 | 40.0% |
Frequently Asked Questions
Common questions about the housing market in Temple City, California.
What is the median home price in Temple City, California?
The median home price in Temple City, California is $1,170,303, higher than the California average of $650,794.
What is the average home price in Temple City, California?
The typical home price in Temple City, California, reported as the median sale price, is $1,170,303. 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 Temple City, California?
The median gross rent in Temple City, California is $2,117 per month, higher than the California average of $2,036.
What was the median gross rent in Temple City in 2020?
In 2020, the median gross rent in Temple City, California was $1,677 per month.
What is the price-to-rent ratio in Temple City, California?
The price-to-rent ratio in Temple City, California is about 46.1, meaning it would take roughly 46.1 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 Temple City.
Are home prices or rent rising faster in Temple City, California?
Both home prices and rent are rising in Temple City, up about 12.5% and 6.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Temple City, California?
59.3% of households in Temple City, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Temple City, California?
The housing vacancy rate in Temple City, California is 5.1%, lower than the California average of 7.5%.
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