Turlock, California Housing Market Prices
Turlock 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 95% below the California median$29,579
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Median rent 21% below the California median$1,617
Housing Market Overview
| Metric | Turlock | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $29,579 | $650,794 | $248,835 |
| Price Trend (Annual %) | -7.5% | 8.9% | 7.5% |
| Median Gross Rent | $1,617 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 6.8% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Turlock is about 95% lower than in California. Rent is about 21% lower than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Turlock: home prices fell about 7.5% a year while rent rose about 6.8% a year. That is an unusual pattern worth watching.
Median rent in Turlock rose about 68.1% between 2015 and 2024, from $962 to $1,617. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 0.4 yearly household incomes in Turlock.
Buying the median-priced home in Turlock costs roughly 1.5 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 Turlock. The price-to-rent ratio in California is about 26.6.
| Metric | Turlock | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $29,579 | $650,794 | $248,835 |
| Median Household Income | $83,411 | $99,161 | $80,455 |
| Price-to-Income Ratio | 0.4 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Turlock fell about 84.2%, while median household income rose about 54.2% between 2009 and 2025 — 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 | Turlock | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.3% | 51.7% | 58.5% |
| Rental Rate | 42.7% | 40.8% | 31.2% |
| Vacancy Rate | 4.0% | 7.5% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Turlock has a homeownership rate of 53.3%, higher than the California average of 51.7%. Its housing vacancy rate is 4.0%, compared with 7.5% in California.
Housing Stock
| Metric | Turlock | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.81 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1982 | 1975 | 1978 |
| Median Number of Rooms | 5.2 | 5.0 | 5.5 |
The typical housing unit in Turlock was built around 1982. On average, 2.8 people live in a home with about 5.2 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Turlock, California.
What is the median home price in Turlock, California?
The median home price in Turlock, California is $29,579, lower than the California average of $650,794.
What is the average home price in Turlock, California?
The typical home price in Turlock, California, reported as the median sale price, is $29,579. 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 Turlock, California?
The median gross rent in Turlock, California is $1,617 per month, lower than the California average of $2,036.
What was the median gross rent in Turlock in 2020?
In 2020, the median gross rent in Turlock, California was $1,168 per month.
What is the price-to-rent ratio in Turlock, California?
The price-to-rent ratio in Turlock, California is about 1.5, meaning it would take roughly 1.5 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 Turlock.
Are home prices or rent rising faster in Turlock, California?
Home prices and rent are moving in opposite directions in Turlock: home prices fell about 7.5% a year while rent rose about 6.8% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Turlock, California?
53.3% of households in Turlock, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Turlock, California?
The housing vacancy rate in Turlock, California is 4.0%, lower than the California average of 7.5%.
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