Rancho Palos Verdes, CA—90275
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rancho Palos Verdes, CA
As of Oct '25, the median home price in Rancho Palos Verdes, CA is $1,762,000, with a year-over-year change of -3.7%. This indicates that home prices in Rancho Palos Verdes, CA are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,762,000 | -3.7% |
| Single Family | $1,828,000 | -4.1% |
| Condos | $798,000 | -4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $547,000 | -7.8% |
2 Bed | $884,000 | -5.3% |
3 Bed | $1,518,000 | -3.4% |
4 Bed | $1,910,000 | -4.1% |
| 5 Bed | $2,274,000 | -5.3% |
% of Housing Stock
Rental Trends — Rancho Palos Verdes, CA
As of July '25, Rentcast reports the average rent in Rancho Palos Verdes, CA is $4,980, with a year-over-year rent change of -4.8%. Per bedroom, the median rent as of July '25 in Rancho Palos Verdes, CA is studios: $2,050, 1-bedrooms: $2,750, 2-bedrooms: $3,900, 3-bedrooms: $5,020, 4-bedrooms: $6,720. The most common rental property sizes in Rancho Palos Verdes, CA are 2-bedroom and 3-bedroom, accounting for 36.3% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,950 | $4,980 |
| Studio Rent | $2,050 | $2,050 |
| 1 Bed Rent | $2,700 | $2,750 |
| 2 Bed Rent | $3,850 | $3,900 |
| 3 Bed Rent | $4,950 | $5,020 |
| 4 Bed Rent | $6,500 | $6,720 |
% of Rental Stock
Property Listings — Rancho Palos Verdes, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Rancho Palos Verdes, CA is 67. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,940,000 | 2.0% |
Listing Count | 176 | 14.0% |
| Listings as % of Homes | 0.4% | 14.0% |
Days on Market | 67 | 14.0% |
Demographics — Rancho Palos Verdes, CA
As of the latest ACS Survey released in 2023, Rancho Palos Verdes, CA has a population of 41,400, which has decreased by -2.5% over the past 5 years. Rancho Palos Verdes, CA is a moderately popular place for families, as children make up 21.4% of the population. The area has a highly educated workforce, with 69.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,400 | -2.5% |
% Under 18 | 21.4% | -1.8% |
% Seniors | 26.1% | 2.4% |
% WFH | 23.9% | 139.0% |
% w/ College Degree | 69.2% | 2.4% |
As of the latest ACS Survey released in 2023, Rancho Palos Verdes, CA is a predominantly white area, with 46.5% of the population identifying as white. The white population has shrunk by 11.3% in the last 5 years. The second most common race or ethnicity in Rancho Palos Verdes, CA is asian, making up 31.9% of the population. Foreign-born residents account for 27.2% of the population in Rancho Palos Verdes, CA, and this percentage has decreased by 2.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 46.5% | -11.3% |
% Black | 2.1% | 16.7% |
% Hispanic | 12.0% | 34.8% |
% Asian | 31.9% | 3.2% |
% Foreign Born | 27.2% | -2.5% |
Mortgage and Risk — Rancho Palos Verdes, CA
According to HUD data as of 2023, there were 495 mortgage originations in Rancho Palos Verdes, CA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Rancho Palos Verdes, CA. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 495 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Rancho Palos Verdes, CA
As of 2024, the percent of homes in Rancho Palos Verdes, CA under the Section 8 program is 0.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Rancho Palos Verdes, CA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $420 | $2,700 | $3,120 |
| 2 Bedroom | $90 | $3,850 | $3,940 |
| 3 Bedroom | $60 | $4,950 | $5,010 |
| 4 Bedroom | -$950 | $6,500 | $5,550 |
Affordability — Rancho Palos Verdes, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.7 |
| Median Home Price | $1,762,000 |
| Median Household Income | $175,000 |