Nuevo, CA—92567
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nuevo, CA
As of Oct '25, the median home price in Nuevo, CA is $559,000, with a year-over-year change of -0.2%. This indicates that home prices in Nuevo, CA are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $559,000 | -0.2% |
| Single Family | $559,000 | -0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $431,000 | 0.7% |
3 Bed | $543,000 | -0.7% |
4 Bed | $619,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Nuevo, CA
As of July '25, Rentcast reports the average rent in Nuevo, CA is $3,100, with a year-over-year rent change of -20.7%. Per bedroom, the median rent as of July '25 in Nuevo, CA is 1-bedrooms: $1,100, 4-bedrooms: $5,100. The most common rental property sizes in Nuevo, CA are 3-bedroom and 2-bedroom, accounting for 36.7% and 21.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $3,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $1,100 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $3,200 | $5,100 |
% of Rental Stock
Property Listings — Nuevo, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Nuevo, CA is 52. This is a increase of 5.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $580,000 | 5.0% |
Listing Count | 22 | -43.0% |
| Listings as % of Homes | 0.9% | -43.0% |
Days on Market | 52 | 5.0% |
Demographics — Nuevo, CA
As of the latest ACS Survey released in 2023, Nuevo, CA has a population of 10,700, which has increased by 4.6% over the past 5 years. Nuevo, CA is a popular place for families, as children make up 30.6% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,700 | 4.6% |
% Under 18 | 30.6% | 4.4% |
% Seniors | 10.2% | -12.1% |
% WFH | 8.6% | 50.9% |
% w/ College Degree | 13.7% | -1.4% |
As of the latest ACS Survey released in 2023, Nuevo, CA is a predominantly hispanic area, with 68.2% of the population identifying as hispanic. The hispanic population has grown by 15.6% in the last 5 years. The second most common race or ethnicity in Nuevo, CA is white, making up 24.8% of the population. Foreign-born residents account for 20.9% of the population in Nuevo, CA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 24.8% | -35.8% |
% Black | 1.0% | 42.9% |
% Hispanic | 68.2% | 15.6% |
% Asian | 0.1% | -66.7% |
% Foreign Born | 20.9% | 0.0% |
Mortgage and Risk — Nuevo, CA
According to HUD data as of 2023, there were 103 mortgage originations in Nuevo, CA, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 61.0% above 90% LTV (very high). This implies large mortgage risk in Nuevo, CA. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 103 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Nuevo, CA
Nuevo, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 1 |
% 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 | $900 | $700 | $1,600 |
| 2 Bedroom | N/A | N/A | $1,990 |
| 3 Bedroom | N/A | N/A | $2,660 |
| 4 Bedroom | $30 | $3,200 | $3,230 |
Affordability — Nuevo, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $559,000 |
| Median Household Income | $80,300 |