Cathedral City, CA—92234
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cathedral City, CA
As of Oct '25, the median home price in Cathedral City, CA is $484,000, with a year-over-year change of -4.3%. This indicates that home prices in Cathedral City, CA are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $484,000 | -4.4% |
| Single Family | $509,000 | -5.0% |
| Condos | $312,000 | -4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $231,000 | -5.3% |
2 Bed | $345,000 | -5.5% |
3 Bed | $490,000 | -5.2% |
4 Bed | $558,000 | -4.5% |
| 5 Bed | $626,000 | -5.6% |
% of Housing Stock
Rental Trends — Cathedral City, CA
As of July '25, Rentcast reports the average rent in Cathedral City, CA is $3,280, with a year-over-year rent change of -4.1%. Per bedroom, the median rent as of July '25 in Cathedral City, CA is studios: $1,400, 1-bedrooms: $2,150, 2-bedrooms: $3,200, 3-bedrooms: $3,460, 4-bedrooms: $3,940. The most common rental property sizes in Cathedral City, CA are 2-bedroom and 3-bedroom, accounting for 39.7% and 31.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,280 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $1,700 | $2,150 |
| 2 Bed Rent | $2,500 | $3,200 |
| 3 Bed Rent | $3,000 | $3,460 |
| 4 Bed Rent | $3,500 | $3,940 |
% of Rental Stock
Property Listings — Cathedral City, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Cathedral City, CA is 57. This is a increase of 27.0% 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 | $524,000 | -3.0% |
Listing Count | 259 | 12.0% |
| Listings as % of Homes | 0.8% | 12.0% |
Days on Market | 57 | 27.0% |
Demographics — Cathedral City, CA
As of the latest ACS Survey released in 2023, Cathedral City, CA has a population of 52,000, which has decreased by -3.5% over the past 5 years. Cathedral City, CA is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 25.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 52,000 | -3.5% |
% Under 18 | 20.1% | -16.9% |
% Seniors | 19.0% | 18.8% |
% WFH | 8.8% | 183.9% |
% w/ College Degree | 25.8% | 30.3% |
As of the latest ACS Survey released in 2023, Cathedral City, CA is a predominantly hispanic area, with 58.9% of the population identifying as hispanic. The hispanic population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Cathedral City, CA is white, making up 30.5% of the population. Foreign-born residents account for 28.1% of the population in Cathedral City, CA, and this percentage has decreased by 9.9% 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 | 30.5% | 0.7% |
% Black | 1.9% | -26.9% |
% Hispanic | 58.9% | -1.3% |
% Asian | 6.2% | 5.1% |
% Foreign Born | 28.1% | -9.9% |
Mortgage and Risk — Cathedral City, CA
According to HUD data as of 2023, there were 339 mortgage originations in Cathedral City, CA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Cathedral City, CA. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 339 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 4.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Cathedral City, CA
As of 2024, the percent of homes in Cathedral City, CA under the Section 8 program is 8.3%. 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 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Cathedral City, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 638 |
Total Units Section 8 | 527 |
% Rentals under Section 8 | 8.3% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $1,700 | $1,740 |
| 2 Bedroom | -$340 | $2,500 | $2,160 |
| 3 Bedroom | -$120 | $3,000 | $2,880 |
| 4 Bedroom | $10 | $3,500 | $3,510 |
Affordability — Cathedral City, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $484,000 |
| Median Household Income | $67,000 |