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 | West Carson | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $603,846 | $642,203 | $242,182 |
| Price Trend (Annual %) | 6.1% | 10.0% | 8.2% |
| Median Gross Rent | $1,832 | $1,955 | $1,342 |
| Rent Trend (Annual %) | 4.4% | 6.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in West Carson is about 6% lower than in California. Rent is about 6% lower than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in West Carson, up about 6.1% and 4.4% a year respectively. Home prices are changing faster.
Median rent in West Carson rose about 41.2% between 2015 and 2023, from $1,297 to $1,832. Over the same span, rent in California rose about 55.7%.
Affordability
On average, housing unit costs 6.2 yearly household incomes in West Carson.
Buying the median-priced home in West Carson costs roughly 27.5 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 West Carson. The price-to-rent ratio in California is about 27.4.
| Metric | West Carson | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $603,846 | $642,203 | $242,182 |
| Median Household Income | $96,679 | $96,718 | $78,145 |
| Price-to-Income Ratio | 6.2 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in West Carson rose about 153.2%, while median household income rose about 44.6% between 2009 and 2023 — 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 | West Carson | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.0% | 51.6% | 58.2% |
| Rental Rate | 25.2% | 40.9% | 31.3% |
| Vacancy Rate | 5.8% | 7.6% | 10.6% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
West Carson has a homeownership rate of 69.0%, higher than the California average of 51.6%. Its housing vacancy rate is 5.8%, compared with 7.6% in California.
Housing Stock
| Metric | West Carson | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.61 people | 2.85 people | 2.54 people |
| Median Structure Built Year | 1972 | 1975 | 1978 |
| Median Number of Rooms | 4.7 | 5.0 | 5.5 |
The typical housing unit in West Carson was built around 1972. On average, 2.6 people live in a home with about 4.7 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in West Carson, California.
What is the median home price in West Carson, California?
The median home price in West Carson, California is $603,846, lower than the California average of $642,203.
What is the average home price in West Carson, 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 West Carson, California?
The median gross rent in West Carson, California is $1,832 per month, lower than the California average of $1,955.
What was the median gross rent in West Carson in 2020?
In 2020, the median gross rent in West Carson, California was $1,511 per month.
What is the price-to-rent ratio in West Carson, California?
The price-to-rent ratio in West Carson, California is about 27.5, meaning it would take roughly 27.5 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 West Carson.
Are home prices or rent rising faster in West Carson, California?
Both home prices and rent are rising in West Carson, up about 6.1% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in West Carson, California?
69.0% of households in West Carson, California own their home, higher than the California average of 51.6%.
What is the vacancy rate in West Carson, California?
The housing vacancy rate in West Carson, California is 5.8%, lower than the California average of 7.6%.