Escondido, CA—92029
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Escondido, CA
As of Oct '25, the median home price in Escondido, CA is $1,148,000, with a year-over-year change of -1.2%. This indicates that home prices in Escondido, CA are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,148,000 | -1.2% |
| Single Family | $1,157,000 | -1.1% |
| Condos | $584,000 | -2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $715,000 | -0.6% |
3 Bed | $989,000 | -2.2% |
4 Bed | $1,280,000 | -0.5% |
| 5 Bed | $1,612,000 | 1.3% |
% of Housing Stock
Rental Trends — Escondido, CA
As of July '25, Rentcast reports the average rent in Escondido, CA is $3,150, with a year-over-year rent change of -6.5%. Per bedroom, the median rent as of July '25 in Escondido, CA is 1-bedrooms: $2,400, 2-bedrooms: $2,870, 3-bedrooms: $3,980, 4-bedrooms: $4,590. The most common rental property sizes in Escondido, CA are 2-bedroom and 1-bedroom, accounting for 51.9% and 20.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,760 | $3,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,340 | $2,400 |
| 2 Bed Rent | $2,760 | $2,870 |
| 3 Bed Rent | $3,500 | $3,980 |
| 4 Bed Rent | $5,000 | $4,590 |
% of Rental Stock
Property Listings — Escondido, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Escondido, CA is 42. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,410,000 | 3.0% |
Listing Count | 59 | 17.0% |
| Listings as % of Homes | 0.5% | 17.0% |
Days on Market | 42 | 0.0% |
Demographics — Escondido, CA
As of the latest ACS Survey released in 2023, Escondido, CA has a population of 20,300, which has increased by 6.0% over the past 5 years. Escondido, CA is a moderately popular place for families, as children make up 19.7% of the population. The area has a highly educated workforce, with 46.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,300 | 6.0% |
% Under 18 | 19.7% | 1.5% |
% Seniors | 21.2% | 7.1% |
% WFH | 21.8% | 162.7% |
% w/ College Degree | 46.6% | 10.4% |
As of the latest ACS Survey released in 2023, Escondido, CA is a predominantly white area, with 59.3% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Escondido, CA is hispanic, making up 23.5% of the population. Foreign-born residents account for 15.7% of the population in Escondido, CA, and this percentage has increased by 18.0% 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 | 59.3% | -6.0% |
% Black | 2.1% | 5.0% |
% Hispanic | 23.5% | 2.6% |
% Asian | 9.2% | 16.5% |
% Foreign Born | 15.7% | 18.0% |
Mortgage and Risk — Escondido, CA
According to HUD data as of 2023, there were 365 mortgage originations in Escondido, CA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Escondido, CA. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 365 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Escondido, CA
As of 2024, the percent of homes in Escondido, CA under the Section 8 program is 2.2%. 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 Escondido, 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 | 60 |
Total Units Section 8 | 60 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $2,340 | $2,680 |
| 2 Bedroom | $560 | $2,760 | $3,320 |
| 3 Bedroom | $940 | $3,500 | $4,440 |
| 4 Bedroom | $400 | $5,000 | $5,400 |
Affordability — Escondido, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.5 |
| Median Home Price | $1,148,000 |
| Median Household Income | $120,000 |