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.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Yolo County | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $446,140 | $642,203 | $242,182 |
| Price Trend (Annual %) | 6.6% | 10.0% | 8.2% |
| Median Gross Rent | $1,756 | $1,955 | $1,342 |
| Rent Trend (Annual %) | 6.3% | 6.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Yolo County is about 31% lower than in California. Rent is about 10% 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 Yolo County, up about 6.6% and 6.3% a year respectively. Home prices are changing faster.
Median rent in Yolo County rose about 59.5% between 2015 and 2023, from $1,101 to $1,756. Over the same span, rent in California rose about 55.7%.
Affordability
On average, housing unit costs 5.0 yearly household incomes in Yolo County.
Buying the median-priced home in Yolo County costs roughly 21.2 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 Yolo County. The price-to-rent ratio in California is about 27.4.
| Metric | Yolo County | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $446,140 | $642,203 | $242,182 |
| Median Household Income | $89,548 | $96,718 | $78,145 |
| Price-to-Income Ratio | 5.0 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Yolo County rose about 59.8%, while median household income rose about 58.3% 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 | Yolo County | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 50.3% | 51.6% | 58.2% |
| Rental Rate | 43.7% | 40.9% | 31.3% |
| Vacancy Rate | 6.0% | 7.6% | 10.6% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Yolo County has a homeownership rate of 50.3%, lower than the California average of 51.6%. Its housing vacancy rate is 6.0%, compared with 7.6% in California.
Housing Stock
| Metric | Yolo County | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.72 people | 2.85 people | 2.54 people |
| Median Structure Built Year | 1978 | 1975 | 1978 |
| Median Number of Rooms | 5.2 | 5.0 | 5.5 |
The typical housing unit in Yolo County was built around 1978. On average, 2.7 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 Yolo County, California.
What is the median home price in Yolo County, California?
The median home price in Yolo County, California is $446,140, lower than the California average of $642,203.
What is the average home price in Yolo County, 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 Yolo County, California?
The median gross rent in Yolo County, California is $1,756 per month, lower than the California average of $1,955.
What was the median gross rent in Yolo County in 2020?
In 2020, the median gross rent in Yolo County, California was $1,368 per month.
What is the price-to-rent ratio in Yolo County, California?
The price-to-rent ratio in Yolo County, California is about 21.2, meaning it would take roughly 21.2 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 Yolo County.
Are home prices or rent rising faster in Yolo County, California?
Both home prices and rent are rising in Yolo County, up about 6.6% and 6.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Yolo County, California?
50.3% of households in Yolo County, California own their home, lower than the California average of 51.6%.
What is the vacancy rate in Yolo County, California?
The housing vacancy rate in Yolo County, California is 6.0%, lower than the California average of 7.6%.