Paramount, CA—90723
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Paramount, CA
As of Oct '25, the median home price in Paramount, CA is $636,000, with a year-over-year change of -0.9%. This indicates that home prices in Paramount, CA are flat. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $636,000 | -0.9% |
| Single Family | $688,000 | -0.9% |
| Condos | $478,000 | -1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $396,000 | -2.9% |
2 Bed | $549,000 | -0.5% |
3 Bed | $679,000 | -0.9% |
4 Bed | $775,000 | -0.1% |
| 5 Bed | $860,000 | -0.2% |
% of Housing Stock
Rental Trends — Paramount, CA
As of July '25, Rentcast reports the average rent in Paramount, CA is $2,580, with a year-over-year rent change of 18.3%. Per bedroom, the median rent as of July '25 in Paramount, CA is studios: $1,800, 1-bedrooms: $1,860, 2-bedrooms: $2,530, 3-bedrooms: $4,070. The most common rental property sizes in Paramount, CA are 2-bedroom and 1-bedroom, accounting for 53.6% and 23.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,580 |
| Studio Rent | $1,800 | $1,800 |
| 1 Bed Rent | $1,850 | $1,860 |
| 2 Bed Rent | $2,400 | $2,530 |
| 3 Bed Rent | $3,600 | $4,070 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Paramount, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Paramount, CA is 79. This is a increase of 9.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $534,000 | -9.0% |
Listing Count | 41 | 45.0% |
| Listings as % of Homes | 0.2% | 45.0% |
Days on Market | 79 | 9.0% |
Demographics — Paramount, CA
As of the latest ACS Survey released in 2023, Paramount, CA has a population of 52,500, which has decreased by -4.1% over the past 5 years. Paramount, CA is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 52,500 | -4.1% |
% Under 18 | 25.6% | -10.5% |
% Seniors | 9.6% | 21.5% |
% WFH | 6.2% | 72.2% |
% w/ College Degree | 13.1% | 15.9% |
As of the latest ACS Survey released in 2023, Paramount, CA is a predominantly hispanic area, with 82.3% of the population identifying as hispanic. The hispanic population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in Paramount, CA is black, making up 8.7% of the population. Foreign-born residents account for 36.3% of the population in Paramount, CA, and this percentage has increased by 2.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 4.5% | -6.2% |
% Black | 8.7% | -14.7% |
% Hispanic | 82.3% | 1.9% |
% Asian | 3.1% | 6.9% |
% Foreign Born | 36.3% | 2.3% |
Mortgage and Risk — Paramount, CA
According to HUD data as of 2023, there were 211 mortgage originations in Paramount, CA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Paramount, CA. Investor activity is low, as 5.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 211 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Paramount, CA
Paramount, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 504 |
Total Units Section 8 | 503 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $1,850 | $1,820 |
| 2 Bedroom | -$100 | $2,400 | $2,300 |
| 3 Bedroom | -$660 | $3,600 | $2,940 |
| 4 Bedroom | N/A | N/A | $3,240 |
Affordability — Paramount, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.3 |
| Median Home Price | $636,000 |
| Median Household Income | $70,900 |