Poway, CA—92064
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Poway, CA
As of Oct '25, the median home price in Poway, CA is $1,198,000, with a year-over-year change of -3.1%. This indicates that home prices in Poway, CA are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,198,000 | -3.2% |
| Single Family | $1,232,000 | -3.4% |
| Condos | $701,000 | -1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $721,000 | -2.6% |
3 Bed | $990,000 | -5.2% |
4 Bed | $1,323,000 | -2.9% |
| 5 Bed | $1,936,000 | -0.6% |
% of Housing Stock
Rental Trends — Poway, CA
As of July '25, Rentcast reports the average rent in Poway, CA is $3,280, with a year-over-year rent change of -19.8%. Per bedroom, the median rent as of July '25 in Poway, CA is studios: $2,030, 1-bedrooms: $2,390, 2-bedrooms: $2,810, 3-bedrooms: $3,580, 4-bedrooms: $5,670. The most common rental property sizes in Poway, CA are 3-bedroom and 2-bedroom, accounting for 32.9% and 25.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,740 | $3,280 |
| Studio Rent | $1,860 | $2,030 |
| 1 Bed Rent | $2,390 | $2,390 |
| 2 Bed Rent | $2,750 | $2,810 |
| 3 Bed Rent | $3,450 | $3,580 |
| 4 Bed Rent | $4,750 | $5,670 |
% of Rental Stock
Property Listings — Poway, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Poway, CA is 56. This is a increase of 42.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,710,000 | -6.0% |
Listing Count | 136 | 55.0% |
| Listings as % of Homes | 0.5% | 55.0% |
Days on Market | 56 | 42.0% |
Demographics — Poway, CA
As of the latest ACS Survey released in 2023, Poway, CA has a population of 48,600, which has decreased by -2.8% over the past 5 years. Poway, CA is a moderately popular place for families, as children make up 22.9% of the population. The area has a highly educated workforce, with 53.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,600 | -2.8% |
% Under 18 | 22.9% | -6.1% |
% Seniors | 19.0% | 16.6% |
% WFH | 20.2% | 169.3% |
% w/ College Degree | 53.5% | 11.9% |
As of the latest ACS Survey released in 2023, Poway, CA is a predominantly white area, with 59.6% of the population identifying as white. The white population has shrunk by 8.0% in the last 5 years. The second most common race or ethnicity in Poway, CA is hispanic, making up 16.8% of the population. Foreign-born residents account for 17.8% of the population in Poway, CA, and this percentage has decreased by 9.2% 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 | 59.6% | -8.0% |
% Black | 2.8% | 86.7% |
% Hispanic | 16.8% | -7.2% |
% Asian | 13.4% | 14.5% |
% Foreign Born | 17.8% | -9.2% |
Mortgage and Risk — Poway, CA
According to HUD data as of 2023, there were 318 mortgage originations in Poway, CA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Poway, CA. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 318 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Poway, CA
As of 2024, the percent of homes in Poway, CA under the Section 8 program is 6.0%. 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. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Poway, CA, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 235 |
Total Units Section 8 | 236 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 78.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $2,390 | $2,340 |
| 2 Bedroom | $140 | $2,750 | $2,890 |
| 3 Bedroom | $410 | $3,450 | $3,860 |
| 4 Bedroom | -$50 | $4,750 | $4,700 |
Affordability — Poway, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $1,198,000 |
| Median Household Income | $144,000 |