Walnut, CA—91789
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Walnut, CA
As of Oct '25, the median home price in Walnut, CA is $1,110,000, with a year-over-year change of 0.7%. This indicates that home prices in Walnut, CA are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,110,000 | 0.7% |
| Single Family | $1,127,000 | 0.2% |
| Condos | $589,000 | -1.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $599,000 | -2.1% |
3 Bed | $983,000 | -0.7% |
4 Bed | $1,155,000 | 0.3% |
| 5 Bed | $1,527,000 | 1.1% |
% of Housing Stock
Rental Trends — Walnut, CA
As of July '25, Rentcast reports the average rent in Walnut, CA is $4,090, with a year-over-year rent change of 4.1%. Per bedroom, the median rent as of July '25 in Walnut, CA is 1-bedrooms: $1,300, 2-bedrooms: $3,000, 3-bedrooms: $3,730, 4-bedrooms: $4,570. The most common rental property sizes in Walnut, CA are 4-bedroom and 3-bedroom, accounting for 37.5% and 37.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,000 | $4,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,300 |
| 2 Bed Rent | $3,000 | $3,000 |
| 3 Bed Rent | $3,750 | $3,730 |
| 4 Bed Rent | $4,400 | $4,570 |
% of Rental Stock
Property Listings — Walnut, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Walnut, CA is 49. This is a increase of 7.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,440,000 | -3.0% |
Listing Count | 91 | 19.0% |
| Listings as % of Homes | 0.4% | 19.0% |
Days on Market | 49 | 7.0% |
Demographics — Walnut, CA
As of the latest ACS Survey released in 2023, Walnut, CA has a population of 40,900, which has decreased by -8.0% over the past 5 years. Walnut, CA is a moderately popular place for families, as children make up 19.6% of the population. The area has a highly educated workforce, with 53.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,900 | -8.0% |
% Under 18 | 19.6% | 3.7% |
% Seniors | 22.0% | 22.2% |
% WFH | 18.6% | 200.0% |
% w/ College Degree | 53.2% | 6.0% |
As of the latest ACS Survey released in 2023, Walnut, CA is a predominantly asian area, with 67.6% of the population identifying as asian. The asian population has grown by 13.4% in the last 5 years. The second most common race or ethnicity in Walnut, CA is hispanic, making up 18.4% of the population. Foreign-born residents account for 50.8% of the population in Walnut, CA, and this percentage has increased by 7.9% 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 | 9.4% | -26.6% |
% Black | 2.1% | -27.6% |
% Hispanic | 18.4% | -18.6% |
% Asian | 67.6% | 13.4% |
% Foreign Born | 50.8% | 7.9% |
Mortgage and Risk — Walnut, CA
According to HUD data as of 2023, there were 284 mortgage originations in Walnut, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Walnut, CA. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 284 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Walnut, CA
As of 2024, the percent of homes in Walnut, CA under the Section 8 program is 1.4%. 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. In Walnut, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $2,020 | $1,100 | $3,120 |
| 2 Bedroom | $940 | $3,000 | $3,940 |
| 3 Bedroom | $1,260 | $3,750 | $5,010 |
| 4 Bedroom | $1,150 | $4,400 | $5,550 |
Affordability — Walnut, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.9 |
| Median Home Price | $1,110,000 |
| Median Household Income | $126,000 |