Westminster, CA—92683
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westminster, CA
As of Oct '25, the median home price in Westminster, CA is $1,050,000, with a year-over-year change of 0.7%. This indicates that home prices in Westminster, CA are flat. 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 | $1,050,000 | 0.7% |
| Single Family | $1,057,000 | 0.2% |
| Condos | $701,000 | -0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $737,000 | 0.8% |
3 Bed | $986,000 | -0.1% |
4 Bed | $1,150,000 | 0.7% |
| 5 Bed | $1,283,000 | 0.3% |
% of Housing Stock
Rental Trends — Westminster, CA
As of July '25, Rentcast reports the average rent in Westminster, CA is $2,960, with a year-over-year rent change of -2.3%. Per bedroom, the median rent as of July '25 in Westminster, CA is studios: $1,890, 1-bedrooms: $2,230, 2-bedrooms: $2,780, 3-bedrooms: $3,670, 4-bedrooms: $4,440. The most common rental property sizes in Westminster, CA are 2-bedroom and 3-bedroom, accounting for 41.7% and 23.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $2,960 |
| Studio Rent | $1,890 | $1,890 |
| 1 Bed Rent | $2,300 | $2,230 |
| 2 Bed Rent | $2,700 | $2,780 |
| 3 Bed Rent | $3,600 | $3,670 |
| 4 Bed Rent | $4,350 | $4,440 |
% of Rental Stock
Property Listings — Westminster, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Westminster, CA is 42. This is a increase of 4.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,120,000 | -1.0% |
Listing Count | 65 | 13.0% |
| Listings as % of Homes | 0.2% | 13.0% |
Days on Market | 42 | 4.0% |
Demographics — Westminster, CA
As of the latest ACS Survey released in 2023, Westminster, CA has a population of 90,100, which has decreased by -1.4% over the past 5 years. Westminster, CA is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 26.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 90,100 | -1.4% |
% Under 18 | 20.8% | 6.7% |
% Seniors | 17.7% | 0.0% |
% WFH | 9.6% | 140.0% |
% w/ College Degree | 26.5% | 2.7% |
As of the latest ACS Survey released in 2023, Westminster, CA is a predominantly asian area, with 51.2% of the population identifying as asian. The asian population has grown by 3.6% in the last 5 years. The second most common race or ethnicity in Westminster, CA is hispanic, making up 24.3% of the population. Foreign-born residents account for 45.6% of the population in Westminster, CA, and this percentage has increased by 0.2% 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 | 20.1% | -19.0% |
% Black | 0.9% | 0.0% |
% Hispanic | 24.3% | 6.1% |
% Asian | 51.2% | 3.6% |
% Foreign Born | 45.6% | 0.2% |
Mortgage and Risk — Westminster, CA
According to HUD data as of 2023, there were 479 mortgage originations in Westminster, CA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Westminster, CA. Investor activity is low, as 5.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 479 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Westminster, CA
As of 2024, the percent of homes in Westminster, CA under the Section 8 program is 18.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Westminster, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 2,349 |
Total Units Section 8 | 2,349 |
% Rentals under Section 8 | 18.1% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$190 | $2,300 | $2,110 |
| 2 Bedroom | -$190 | $2,700 | $2,510 |
| 3 Bedroom | -$200 | $3,600 | $3,400 |
| 4 Bedroom | -$320 | $4,350 | $4,030 |
Affordability — Westminster, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11 |
| Median Home Price | $1,050,000 |
| Median Household Income | $82,700 |