Calabasas, CA—91302
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Calabasas, CA
As of Oct '25, the median home price in Calabasas, CA is $1,901,000, with a year-over-year change of -1.3%. This indicates that home prices in Calabasas, CA are decreasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,901,000 | -1.3% |
| Single Family | $2,063,000 | -1.2% |
| Condos | $702,000 | -2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $535,000 | -3.6% |
2 Bed | $686,000 | -3.0% |
3 Bed | $1,301,000 | -1.4% |
4 Bed | $1,863,000 | -1.6% |
| 5 Bed | $3,275,000 | 1.7% |
% of Housing Stock
Rental Trends — Calabasas, CA
As of July '25, Rentcast reports the average rent in Calabasas, CA is $6,110, with a year-over-year rent change of 5.5%. Per bedroom, the median rent as of July '25 in Calabasas, CA is studios: $2,450, 1-bedrooms: $2,800, 2-bedrooms: $4,420, 3-bedrooms: $6,330, 4-bedrooms: $7,340. The most common rental property sizes in Calabasas, CA are 2-bedroom and 1-bedroom, accounting for 42.0% and 24.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $6,500 | $6,110 |
| Studio Rent | $2,450 | $2,450 |
| 1 Bed Rent | $2,490 | $2,800 |
| 2 Bed Rent | $3,800 | $4,420 |
| 3 Bed Rent | $6,500 | $6,330 |
| 4 Bed Rent | $7,500 | $7,340 |
% of Rental Stock
Property Listings — Calabasas, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Calabasas, CA is 67. This is a increase of 32.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $3,200,000 | -9.0% |
Listing Count | 192 | 40.0% |
| Listings as % of Homes | 0.7% | 40.0% |
Days on Market | 67 | 32.0% |
Demographics — Calabasas, CA
As of the latest ACS Survey released in 2023, Calabasas, CA has a population of 26,200, which has decreased by -1.6% over the past 5 years. Calabasas, CA is a moderately popular place for families, as children make up 21.7% of the population. The area has a highly educated workforce, with 70.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,200 | -1.6% |
% Under 18 | 21.7% | -10.3% |
% Seniors | 18.3% | 7.6% |
% WFH | 24.1% | 141.0% |
% w/ College Degree | 70.9% | 11.8% |
As of the latest ACS Survey released in 2023, Calabasas, CA is a predominantly white area, with 74.4% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Calabasas, CA is asian, making up 10.9% of the population. Foreign-born residents account for 25.4% of the population in Calabasas, CA, and this percentage has increased by 2.4% 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 | 74.4% | -3.0% |
% Black | 2.6% | 420.0% |
% Hispanic | 7.2% | -13.3% |
% Asian | 10.9% | 13.5% |
% Foreign Born | 25.4% | 2.4% |
Mortgage and Risk — Calabasas, CA
According to HUD data as of 2023, there were 320 mortgage originations in Calabasas, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 41.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Calabasas, CA. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 320 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Calabasas, CA
As of 2024, the percent of homes in Calabasas, CA under the Section 8 program is 0.5%. 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 units appear to be good home sizes to consider for Section 8 housing in Calabasas, CA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $630 | $2,490 | $3,120 |
| 2 Bedroom | $140 | $3,800 | $3,940 |
| 3 Bedroom | -$1,490 | $6,500 | $5,010 |
| 4 Bedroom | -$1,950 | $7,500 | $5,550 |
Affordability — Calabasas, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.9 |
| Median Home Price | $1,901,000 |
| Median Household Income | $167,000 |