Grand Terrace, CA—92313
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Grand Terrace, CA
As of Oct '25, the median home price in Grand Terrace, CA is $582,000, with a year-over-year change of -4.1%. This indicates that home prices in Grand Terrace, CA are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $582,000 | -4.1% |
| Single Family | $589,000 | -4.5% |
| Condos | $407,000 | -3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $399,000 | -3.9% |
3 Bed | $568,000 | -5.0% |
4 Bed | $609,000 | -4.4% |
| 5 Bed | $677,000 | -4.5% |
% of Housing Stock
Rental Trends — Grand Terrace, CA
As of July '25, Rentcast reports the average rent in Grand Terrace, CA is $2,520, with a year-over-year rent change of -7.0%. Per bedroom, the median rent as of July '25 in Grand Terrace, CA is 1-bedrooms: $1,680, 2-bedrooms: $2,300, 3-bedrooms: $2,770, 4-bedrooms: $3,420. The most common rental property sizes in Grand Terrace, CA are 2-bedroom and 1-bedroom, accounting for 43.8% and 22.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,520 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,720 | $1,680 |
| 2 Bed Rent | $2,100 | $2,300 |
| 3 Bed Rent | $2,800 | $2,770 |
| 4 Bed Rent | $3,400 | $3,420 |
% of Rental Stock
Property Listings — Grand Terrace, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Grand Terrace, CA is 34. This is a increase of 15.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $616,000 | -1.0% |
Listing Count | 30 | 39.0% |
| Listings as % of Homes | 0.3% | 39.0% |
Days on Market | 34 | 15.0% |
Demographics — Grand Terrace, CA
As of the latest ACS Survey released in 2023, Grand Terrace, CA has a population of 13,100, which has increased by 4.5% over the past 5 years. Grand Terrace, CA is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 28.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,100 | 4.5% |
% Under 18 | 22.5% | 14.8% |
% Seniors | 17.4% | 13.0% |
% WFH | 8.9% | 107.0% |
% w/ College Degree | 28.5% | 7.5% |
As of the latest ACS Survey released in 2023, Grand Terrace, CA is a predominantly hispanic area, with 53.4% of the population identifying as hispanic. The hispanic population has grown by 6.4% in the last 5 years. The second most common race or ethnicity in Grand Terrace, CA is white, making up 32.9% of the population. Foreign-born residents account for 14.1% of the population in Grand Terrace, CA, and this percentage has increased by 2.9% 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 | 32.9% | -9.4% |
% Black | 5.0% | 13.6% |
% Hispanic | 53.4% | 6.4% |
% Asian | 4.4% | -25.4% |
% Foreign Born | 14.1% | 2.9% |
Mortgage and Risk — Grand Terrace, CA
According to HUD data as of 2023, there were 149 mortgage originations in Grand Terrace, CA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Grand Terrace, CA. Investor activity is low, as 2.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 149 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Grand Terrace, CA
As of 2024, the percent of homes in Grand Terrace, CA under the Section 8 program is 2.8%. 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 Grand Terrace, 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 | 58 |
Total Units Section 8 | 58 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $1,720 | $1,860 |
| 2 Bedroom | $210 | $2,100 | $2,310 |
| 3 Bedroom | $280 | $2,800 | $3,080 |
| 4 Bedroom | $350 | $3,400 | $3,750 |
Affordability — Grand Terrace, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $582,000 |
| Median Household Income | $83,700 |