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 | Yucaipa | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $330,905 | $642,203 | $242,182 |
| Price Trend (Annual %) | 37.7% | 10.0% | 8.2% |
| Median Gross Rent | $1,636 | $1,955 | $1,342 |
| Rent Trend (Annual %) | 7.0% | 6.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Yucaipa is about 48% lower than in California. Rent is about 16% 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 Yucaipa, up about 37.7% and 7.0% a year respectively. Home prices are changing faster.
Median rent in Yucaipa rose about 52.4% between 2015 and 2023, from $1,073 to $1,636. Over the same span, rent in California rose about 55.7%.
Affordability
On average, housing unit costs 3.6 yearly household incomes in Yucaipa.
Buying the median-priced home in Yucaipa costs roughly 16.9 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Yucaipa. The price-to-rent ratio in California is about 27.4.
| Metric | Yucaipa | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $330,905 | $642,203 | $242,182 |
| Median Household Income | $91,377 | $96,718 | $78,145 |
| Price-to-Income Ratio | 3.6 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Yucaipa rose about 86.6%, while median household income rose about 62.5% 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 | Yucaipa | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.4% | 51.6% | 58.2% |
| Rental Rate | 27.1% | 40.9% | 31.3% |
| Vacancy Rate | 5.5% | 7.6% | 10.6% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Yucaipa has a homeownership rate of 67.4%, higher than the California average of 51.6%. Its housing vacancy rate is 5.5%, compared with 7.6% in California.
Housing Stock
| Metric | Yucaipa | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.97 people | 2.85 people | 2.54 people |
| Median Structure Built Year | 1979 | 1975 | 1978 |
| Median Number of Rooms | 5.4 | 5.0 | 5.5 |
The typical housing unit in Yucaipa was built around 1979. On average, 3.0 people live in a home with about 5.4 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Yucaipa, California.
What is the median home price in Yucaipa, California?
The median home price in Yucaipa, California is $330,905, lower than the California average of $642,203.
What is the average home price in Yucaipa, 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 Yucaipa, California?
The median gross rent in Yucaipa, California is $1,636 per month, lower than the California average of $1,955.
What was the median gross rent in Yucaipa in 2020?
In 2020, the median gross rent in Yucaipa, California was $1,206 per month.
What is the price-to-rent ratio in Yucaipa, California?
The price-to-rent ratio in Yucaipa, California is about 16.9, meaning it would take roughly 16.9 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Yucaipa.
Are home prices or rent rising faster in Yucaipa, California?
Both home prices and rent are rising in Yucaipa, up about 37.7% and 7.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Yucaipa, California?
67.4% of households in Yucaipa, California own their home, higher than the California average of 51.6%.
What is the vacancy rate in Yucaipa, California?
The housing vacancy rate in Yucaipa, California is 5.5%, lower than the California average of 7.6%.