Needles, CA—92363
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Needles, CA
As of Oct '25, the median home price in Needles, CA is $189,000, with a year-over-year change of -6.5%. This indicates that home prices in Needles, 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 | $189,000 | -6.5% |
| Single Family | $189,000 | -7.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $67,000 | -5.6% |
2 Bed | $123,000 | -6.1% |
3 Bed | $217,000 | -8.4% |
4 Bed | $231,000 | -8.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Needles, CA
As of July '25, Rentcast reports the average rent in Needles, CA is $1,200, with a year-over-year rent change of -13.7%. Per bedroom, the median rent as of July '25 in Needles, CA is 1-bedrooms: $675, 2-bedrooms: $1,170, 3-bedrooms: $1,360. The most common rental property sizes in Needles, CA are 2-bedroom and 1-bedroom, accounting for 56.1% and 21.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $600 | $675 |
| 2 Bed Rent | $1,200 | $1,170 |
| 3 Bed Rent | $1,350 | $1,360 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Needles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Needles, CA is 119. This is a increase of 92.0% 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 | $269,000 | 54.0% |
Listing Count | 31 | 5.0% |
| Listings as % of Homes | 0.6% | 5.0% |
Days on Market | 119 | 92.0% |
Demographics — Needles, CA
As of the latest ACS Survey released in 2023, Needles, CA has a population of 5,390, which has remained stable by -0.3% over the past 5 years. Needles, CA is a moderately popular place for families, as children make up 19.4% of the population. The area has a poorly educated workforce, with 8.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,390 | -0.3% |
% Under 18 | 19.4% | -23.0% |
% Seniors | 24.8% | 34.1% |
% WFH | 4.9% | 444.4% |
% w/ College Degree | 8.9% | -19.1% |
As of the latest ACS Survey released in 2023, Needles, CA is a predominantly white area, with 53.7% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Needles, CA is hispanic, making up 28.6% of the population. Foreign-born residents account for 3.0% of the population in Needles, CA, and this percentage has increased by 3.4% 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 | 53.7% | -9.4% |
% Black | 2.9% | -17.1% |
% Hispanic | 28.6% | 24.9% |
% Asian | 0.7% | -12.5% |
% Foreign Born | 3.0% | 3.4% |
Mortgage and Risk — Needles, CA
According to HUD data as of 2023, there were 57 mortgage originations in Needles, CA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Needles, CA. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 57 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 4.0% |
% Second Loans | 46.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Needles, CA
Needles, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 156 |
Total Units Section 8 | 104 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $850 | $600 | $1,450 |
| 2 Bedroom | $610 | $1,200 | $1,810 |
| 3 Bedroom | $1,090 | $1,350 | $2,440 |
| 4 Bedroom | N/A | N/A | $2,980 |
Affordability — Needles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $189,000 |
| Median Household Income | $40,200 |