Armona, CA 93202 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Armona, CA—93202

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$298,000

5.9% YoY Growth

Household Income

$60,400

25.2% YoY Growth

Days on Market

20.0% Longer YoY

Home Price Forecast

2.2%

Median Rent

$1,300

3.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,300

3.0% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Armona, CA

As of Dec '25, the median home price in Armona, CA is $298,000, with a year-over-year change of 5.9%. This indicates that home prices in Armona, CA are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$298,000	5.9%
Single Family	$298,000	5.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Armona, CA

As of July '25, Rentcast reports the average rent in Armona, CA is $1,300, with a year-over-year rent change of -3.0%. Per bedroom, the median rent as of July '25 in Armona, CA is 2-bedrooms: $1,300. The most common rental property sizes in Armona, CA are 3-bedroom and 1-bedroom, accounting for 44.5% and 19.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,300	$1,300
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,300	$1,300
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

4.7%

1 Bedroom

19.0%

2 Bedrooms

19.0%

3 Bedrooms

44.5%

4 Bedrooms

12.9%

Property Listings — Armona, CA

As of Dec '25, Realtor.com reports that the median days on market for a home in Armona, CA is 36. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$244,000	-8.0%
Listing Count	6	-20.0%
Listings as % of Homes	0.4%	-20.0%
Days on Market	68	20.0%

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Demographics — Armona, CA

As of the latest ACS Survey released in 2023, Armona, CA has a population of 4,010, which has increased by 6.3% over the past 5 years. Armona, CA is a popular place for families, as children make up 29.7% of the population. The area has a poorly educated workforce, with 7.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,010	6.3%
% Under 18	29.7%	-10.3%
% Seniors	6.9%	-45.2%
% WFH	0.0%	-100.0%
% w/ College Degree	7.5%	-18.5%

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As of the latest ACS Survey released in 2023, Armona, CA is a predominantly hispanic area, with 73.6% of the population identifying as hispanic. The hispanic population has grown by 8.1% in the last 5 years. The second most common race or ethnicity in Armona, CA is asian, making up 10.9% of the population. Foreign-born residents account for 34.1% of the population in Armona, CA, and this percentage has increased by 56.4% 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	10.1%	-46.6%
% Black	1.1%	-78.4%
% Hispanic	73.6%	8.1%
% Asian	10.9%	127.1%
% Foreign Born	34.1%	56.4%

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Mortgage and Risk — Armona, CA

According to HUD data as of 2023, there were 71 mortgage originations in Armona, CA, of which 41.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Armona, CA. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	71
% Conventional Loans	41.0%
% Government Loans	59.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Armona, CA

Armona, CA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	42
Total Units Section 8	25
% Rentals under Section 8	7.1%
% Occupied Section 8	63.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,240
2 Bedroom	$250	$1,300	$1,550
3 Bedroom	N/A	N/A	$2,170
4 Bedroom	N/A	N/A	$2,600

Armona, CA—93202

Key Metrics at a Glance

Home Price Trends — Armona, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Armona, CA

% of Rental Stock

Property Listings — Armona, CA

Demographics — Armona, CA

Race and Ethnicity

Mortgage and Risk — Armona, CA

Mortgages

Rentals and Section 8 — Armona, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Armona, CA

Home Price to Income Ratio

Armona, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Hanford, CA

Laton, CA

Lemoore, CA

Stratford, CA

Lemoore Station

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$298,000
Median Household Income	$60,400

Armona, CA—93202

Key Metrics at a Glance

Home Price Trends — Armona, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Armona, CA

% of Rental Stock

Property Listings — Armona, CA

Demographics — Armona, CA

Race and Ethnicity

Mortgage and Risk — Armona, CA

Mortgages

Rentals and Section 8 — Armona, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Armona, CA

Home Price to Income Ratio

Armona, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Hanford, CA

Laton, CA

Lemoore, CA

Stratford, CA

Lemoore Station

Frequently Asked Questions

What is the average home price in Armona, CA 93202?

How have home prices in Armona, CA 93202 changed over the past year?

What is the home price projection for Armona, CA 93202?

What are the demographics of Armona, CA 93202?

How long does it take homes to sell in Armona, CA 93202?

What is the average rent price in Armona, CA 93202?