Wildomar, California Housing Market Prices
Wildomar 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 24% below the California median$492,324
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Median rent About the same as the California median$2,036
Housing Market Overview
| Metric | Wildomar | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $492,324 | $650,794 | $248,835 |
| Price Trend (Annual %) | 4.6% | 8.9% | 7.5% |
| Median Gross Rent | $2,036 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Wildomar is about 24% lower than in California. Rent follows a similar pattern, running close to 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 Wildomar, up about 4.6% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Wildomar rose about 32.8% between 2015 and 2024, from $1,533 to $2,036. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 4.3 yearly household incomes in Wildomar.
Buying the median-priced home in Wildomar costs roughly 20.2 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 Wildomar. The price-to-rent ratio in California is about 26.6.
| Metric | Wildomar | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $492,324 | $650,794 | $248,835 |
| Median Household Income | $114,265 | $99,161 | $80,455 |
| Price-to-Income Ratio | 4.3 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Wildomar rose about 32.9%, while median household income rose about 50.8% 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 | Wildomar | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 75.9% | 51.7% | 58.5% |
| Rental Rate | 19.3% | 40.8% | 31.2% |
| Vacancy Rate | 4.8% | 7.5% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Wildomar has a homeownership rate of 75.9%, higher than the California average of 51.7%. Its housing vacancy rate is 4.8%, compared with 7.5% in California.
Housing Stock
| Metric | Wildomar | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.75 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1995 | 1975 | 1978 |
| Median Number of Rooms | 6.3 | 5.0 | 5.5 |
The typical housing unit in Wildomar was built around 1995. On average, 3.7 people live in a home with about 6.3 rooms, staying for about 13.0 years on average.
Wildomar, CA Housing Compared With Nearby Cities
Wildomar, CA is the smallest of the 4 cities compared here, 42,987 residents against a local median of 101,126. The measure that sets Wildomar, CA apart most is homeownership: 79.8%, 18% above the local median of 67.8%. That is the better end of the local range on this measure.
The cities themselves spread 13.6% on homeownership, so Wildomar, CA sits at one end of an already wide local range rather than apart from it. Wildomar, CA has the 2nd highest homeownership of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Wildomar, CA | 42,987 | $492,324 #4/4 | $2,036 #3/4 | 79.8% #2/4 |
| Murrieta, CA | 101,126 | $618,424 | $2,366 | 67.0% |
| Lake Elsinore, CA | 70,235 | $538,817 | $1,959 | 67.8% |
| Menifee, CA | 108,405 | $523,290 | $2,125 | 80.6% |
Frequently Asked Questions
Common questions about the housing market in Wildomar, California.
What is the median home price in Wildomar, California?
The median home price in Wildomar, California is $492,324, lower than the California average of $650,794.
What is the average home price in Wildomar, California?
The typical home price in Wildomar, California, reported as the median sale price, is $492,324. 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 Wildomar, California?
The median gross rent in Wildomar, California is $2,036 per month, about the same as the California average.
What was the median gross rent in Wildomar in 2020?
In 2020, the median gross rent in Wildomar, California was $1,715 per month.
What is the price-to-rent ratio in Wildomar, California?
The price-to-rent ratio in Wildomar, California is about 20.2, meaning it would take roughly 20.2 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 Wildomar.
Are home prices or rent rising faster in Wildomar, California?
Both home prices and rent are rising in Wildomar, up about 4.6% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Wildomar, California?
75.9% of households in Wildomar, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Wildomar, California?
The housing vacancy rate in Wildomar, California is 4.8%, lower than the California average of 7.5%.
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