La Quinta, CA—92253
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Quinta, CA
As of Oct '25, the median home price in La Quinta, CA is $736,000, with a year-over-year change of -3.4%. This indicates that home prices in La Quinta, CA are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $736,000 | -3.4% |
| Single Family | $767,000 | -3.9% |
| Condos | $643,000 | -0.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $297,000 | -3.6% |
2 Bed | $526,000 | -2.0% |
3 Bed | $682,000 | -3.5% |
4 Bed | $1,194,000 | -2.4% |
| 5 Bed | $2,064,000 | -1.6% |
% of Housing Stock
Rental Trends — La Quinta, CA
As of July '25, Rentcast reports the average rent in La Quinta, CA is $5,110, with a year-over-year rent change of 3.2%. Per bedroom, the median rent as of July '25 in La Quinta, CA is studios: $1,650, 1-bedrooms: $1,900, 2-bedrooms: $4,160, 3-bedrooms: $5,290, 4-bedrooms: $5,990. The most common rental property sizes in La Quinta, CA are 3-bedroom and 2-bedroom, accounting for 30.6% and 29.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,500 | $5,110 |
| Studio Rent | $1,650 | $1,650 |
| 1 Bed Rent | $1,900 | $1,900 |
| 2 Bed Rent | $3,900 | $4,160 |
| 3 Bed Rent | $5,000 | $5,290 |
| 4 Bed Rent | $5,400 | $5,990 |
% of Rental Stock
Property Listings — La Quinta, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in La Quinta, CA is 49. This is a increase of 20.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $848,000 | 1.0% |
Listing Count | 479 | 5.0% |
| Listings as % of Homes | 1.6% | 5.0% |
Days on Market | 49 | 20.0% |
Demographics — La Quinta, CA
As of the latest ACS Survey released in 2023, La Quinta, CA has a population of 38,300, which has decreased by -5.2% over the past 5 years. La Quinta, CA is a moderately popular place for families, as children make up 17.0% of the population. The area has a moderately educated workforce, with 38.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,300 | -5.2% |
% Under 18 | 17.0% | -18.7% |
% Seniors | 31.1% | 26.9% |
% WFH | 15.2% | 46.2% |
% w/ College Degree | 38.9% | 8.1% |
As of the latest ACS Survey released in 2023, La Quinta, CA is a predominantly white area, with 53.6% of the population identifying as white. The white population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in La Quinta, CA is hispanic, making up 37.1% of the population. Foreign-born residents account for 15.2% of the population in La Quinta, CA, and this percentage has increased by 0.7% 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 | 53.6% | -7.9% |
% Black | 1.2% | -33.3% |
% Hispanic | 37.1% | 9.8% |
% Asian | 4.4% | 15.8% |
% Foreign Born | 15.2% | 0.7% |
Mortgage and Risk — La Quinta, CA
According to HUD data as of 2023, there were 813 mortgage originations in La Quinta, CA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in La Quinta, CA. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 813 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 4.0% |
% Second Loans | 26.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — La Quinta, CA
As of 2024, the percent of homes in La Quinta, CA under the Section 8 program is 3.2%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in La Quinta, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 197 |
Total Units Section 8 | 118 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,900 | $1,960 |
| 2 Bedroom | -$1,460 | $3,900 | $2,440 |
| 3 Bedroom | -$1,740 | $5,000 | $3,260 |
| 4 Bedroom | -$1,440 | $5,400 | $3,960 |
Affordability — La Quinta, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.9 |
| Median Home Price | $736,000 |
| Median Household Income | $97,400 |