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Pilot—89883

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$303,000
0.9% YoY Growth
Household Income
$47,400
15.4% YoY Growth
Days on Market
3
62.0% Shorter YoY
Home Price Forecast
0.4%
Median Rent
$1,210
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,210
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Pilot

As of May '26, the median home price in Pilot is $303,000, with a year-over-year change of 0.9%. This indicates that home prices in Pilot are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$303,0000.9%
Single Family $309,0001.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$289,0001.4%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    10.6%
    1 Bedroom
    4.7%
    2 Bedrooms
    6.7%
    3 Bedrooms
    60.4%
    4 Bedrooms
    9.8%
    5+ Bedrooms
    7.7%

    Rental Trends — Pilot

    Pilot lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$1,210$1,210
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,210$1,210
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    21.8%
    2 Bedrooms
    8.6%
    3 Bedrooms
    65.5%
    4 Bedrooms
    4.0%

    Property Listings — Pilot

    As of May '26, Realtor.com reports that the median days on market for a home in Pilot is 3. This is a decrease of -62.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$325,000-28.0%
    Listing Count
    		1-25.0%
    Listings as % of Homes0.0%-25.0%
    Days on Market
    		3-62.0%
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    Demographics — Pilot

    As of the latest ACS Survey released in 2023, Pilot has a population of 4,650, which has increased by 7.6% over the past 5 years. Pilot is a popular place for families, as children make up 31.1% of the population. The area has a poorly educated workforce, with 10.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,6507.6%
    % Under 18
    		31.1%-8.0%
    % Seniors
    		5.4%-23.9%
    % WFH
    		5.3%307.7%
    % w/ College Degree
    		10.0%31.6%
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    As of the latest ACS Survey released in 2023, Pilot is a predominantly hispanic area, with 61.8% of the population identifying as hispanic. The hispanic population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Pilot is white, making up 34.1% of the population. Foreign-born residents account for 25.7% of the population in Pilot, and this percentage has increased by 12.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		34.1%-9.1%
    % Black
    		0.0%-100.0%
    % Hispanic
    		61.8%2.3%
    % Asian
    		1.5%∞%
    % Foreign Born
    		25.7%12.2%
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    Mortgage and Risk — Pilot

    According to HUD data as of 2023, there were 30 mortgage originations in Pilot, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Pilot. Investor activity is low, as 7.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		30
    % Conventional Loans
    		67.0%
    % Government Loans
    		33.0%
    % Investor Loans
    		7.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Pilot

    Pilot lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		10
    Total Units Section 8
    		10
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$990
    2 BedroomN/AN/A$1,300
    3 Bedroom$490$1,210$1,700
    4 BedroomN/AN/A$1,930

    Affordability — Pilot

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.7
    Median Home Price$303,000
    Median Household Income$47,400

    Pilot — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    89830

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    Frequently Asked Questions