Pine Wood—92549
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pine Wood
As of Oct '25, the median home price in Pine Wood is $466,000, with a year-over-year change of -5.1%. This indicates that home prices in Pine Wood are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $466,000 | -5.1% |
| Single Family | $467,000 | -5.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $329,000 | -5.5% |
2 Bed | $420,000 | -5.6% |
3 Bed | $532,000 | -5.8% |
4 Bed | $620,000 | -6.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pine Wood
As of July '25, Rentcast reports the average rent in Pine Wood is $1,820, with a year-over-year rent change of -1.1%. Per bedroom, the median rent as of July '25 in Pine Wood is studios: $1,080, 1-bedrooms: $1,330, 2-bedrooms: $2,120, 3-bedrooms: $2,470, 4-bedrooms: $2,750. The most common rental property sizes in Pine Wood are 2-bedroom and 3-bedroom, accounting for 37.1% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,820 |
| Studio Rent | $1,000 | $1,080 |
| 1 Bed Rent | $1,350 | $1,330 |
| 2 Bed Rent | $2,000 | $2,120 |
| 3 Bed Rent | $2,000 | $2,470 |
| 4 Bed Rent | $2,750 | $2,750 |
% of Rental Stock
Property Listings — Pine Wood
As of Oct '25, Realtor.com reports that the median days on market for a home in Pine Wood is 86. This is a increase of 2.0% 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 | $568,000 | 6.0% |
Listing Count | 139 | -5.0% |
| Listings as % of Homes | 1.2% | -5.0% |
Days on Market | 86 | 2.0% |
Demographics — Pine Wood
As of the latest ACS Survey released in 2023, Pine Wood has a population of 3,820, which has increased by 55.2% over the past 5 years. Pine Wood is a less popular place for families, as children make up 13.7% of the population. The area has a moderately educated workforce, with 41.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,820 | 55.2% |
% Under 18 | 13.7% | 2.2% |
% Seniors | 26.8% | 25.8% |
% WFH | 24.4% | 183.7% |
% w/ College Degree | 41.0% | 4.3% |
As of the latest ACS Survey released in 2023, Pine Wood is a predominantly white area, with 56.8% of the population identifying as white. The white population has shrunk by 29.5% in the last 5 years. The second most common race or ethnicity in Pine Wood is hispanic, making up 24.2% of the population. Foreign-born residents account for 20.2% of the population in Pine Wood, and this percentage has increased by 83.6% 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 | 56.8% | -29.5% |
% Black | 0.6% | -87.2% |
% Hispanic | 24.2% | 120.0% |
% Asian | 9.1% | 203.3% |
% Foreign Born | 20.2% | 83.6% |
Mortgage and Risk — Pine Wood
According to HUD data as of 2023, there were 133 mortgage originations in Pine Wood, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Pine Wood. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 133 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 26.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Pine Wood
As of 2024, the percent of homes in Pine Wood under the Section 8 program is 0.4%. 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 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Pine Wood, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $1,350 | $1,500 |
| 2 Bedroom | -$130 | $2,000 | $1,870 |
| 3 Bedroom | $500 | $2,000 | $2,500 |
| 4 Bedroom | $290 | $2,750 | $3,040 |
Affordability — Pine Wood
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $466,000 |
| Median Household Income | $83,300 |