Imperial, CA92251

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$424,000
7.5% YoY Growth
Median Household Income
$83,700
1.0% 5-Year Growth
Days on Market
32
34.0% Longer than last year
Home Price Forecast
1.8%
Median Rent
$2,200
8.1% YoY Growth
1-Bed Rent
$1,000
43.4% YoY Growth
2-Bed Rent
$1,700
2.4% YoY Growth
3-Bed Rent
$1,900
8.3% YoY Growth

Property Listings — Imperial, CA

As of Oct '25, Realtor.com reports that the median days on market for a home in Imperial, CA is 32. This is a increase of 34.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$475,0002.0%
Listing Count
59-8.0%
Listings as % of Homes0.6%-8.0%
Days on Market
3234.0%
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Demographics — Imperial, CA

As of the latest ACS Survey released in 2023, Imperial, CA has a population of 27,200, which has increased by 16.3% over the past 5 years. Imperial, CA is a popular place for families, as children make up 29.5% of the population. The area has a poorly educated workforce, with 17.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
27,20016.3%
% Under 18
29.5%9.7%
% Seniors
9.2%21.1%
% WFH
9.1%279.2%
% w/ College Degree
17.0%1.2%
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As of the latest ACS Survey released in 2023, Imperial, CA is a predominantly hispanic area, with 82.8% of the population identifying as hispanic. The hispanic population has grown by 10.3% in the last 5 years. The second most common race or ethnicity in Imperial, CA is white, making up 10.5% of the population. Foreign-born residents account for 23.6% of the population in Imperial, CA, and this percentage has increased by 23.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
10.5%-33.5%
% Black
3.3%-36.5%
% Hispanic
82.8%10.3%
% Asian
3.1%14.8%
% Foreign Born
23.6%23.6%
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Mortgage and Risk — Imperial, CA

According to HUD data as of 2023, there were 352 mortgage originations in Imperial, CA, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Imperial, CA. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
352
% Conventional Loans
54.0%
% Government Loans
46.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — Imperial, CA

As of 2024, the percent of homes in Imperial, CA under the Section 8 program is 7.2%. 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 Imperial, 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
194
Total Units Section 8
184
% Rentals under Section 8
7.2%
% Occupied Section 8
81.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$350$1,000$1,350
2 Bedroom$50$1,700$1,750
3 Bedroom$490$1,900$2,390
4 Bedroom$420$2,500$2,920

Affordability — Imperial, CA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$424,000
Median Household Income$83,700

Imperial, CA — ZIP Code Boundary Map

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Frequently Asked Questions