Delano, CA—93215
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Delano, CA
As of Oct '25, the median home price in Delano, CA is $326,000, with a year-over-year change of 1.9%. This indicates that home prices in Delano, CA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $326,000 | 1.9% |
| Single Family | $327,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $227,000 | 0.4% |
3 Bed | $308,000 | 1.7% |
4 Bed | $357,000 | 2.0% |
| 5 Bed | $399,000 | 1.0% |
% of Housing Stock
Rental Trends — Delano, CA
As of July '25, Rentcast reports the average rent in Delano, CA is $1,700, with a year-over-year rent change of -5.6%. Per bedroom, the median rent as of July '25 in Delano, CA is 1-bedrooms: $1,000, 2-bedrooms: $1,650, 3-bedrooms: $1,740, 4-bedrooms: $2,400. The most common rental property sizes in Delano, CA are 2-bedroom and 3-bedroom, accounting for 38.6% and 32.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,000 |
| 2 Bed Rent | $1,350 | $1,650 |
| 3 Bed Rent | $1,700 | $1,740 |
| 4 Bed Rent | $2,400 | $2,400 |
% of Rental Stock
Property Listings — Delano, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Delano, CA is 48. This is a increase of 19.0% 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 4.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $379,000 | 7.0% |
Listing Count | 57 | 43.0% |
| Listings as % of Homes | 0.2% | 43.0% |
Days on Market | 48 | 19.0% |
Demographics — Delano, CA
As of the latest ACS Survey released in 2023, Delano, CA has a population of 53,600, which has decreased by -3.0% over the past 5 years. Delano, CA is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 8.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 53,600 | -3.0% |
% Under 18 | 25.0% | -7.1% |
% Seniors | 9.3% | 13.4% |
% WFH | 2.4% | 100.0% |
% w/ College Degree | 8.1% | 24.6% |
As of the latest ACS Survey released in 2023, Delano, CA is a predominantly hispanic area, with 76.9% of the population identifying as hispanic. The hispanic population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Delano, CA is asian, making up 13.2% of the population. Foreign-born residents account for 34.0% of the population in Delano, CA, and this percentage has decreased by 10.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 5.4% | -3.6% |
% Black | 3.8% | -9.5% |
% Hispanic | 76.9% | -0.1% |
% Asian | 13.2% | 9.1% |
% Foreign Born | 34.0% | -10.1% |
Mortgage and Risk — Delano, CA
According to HUD data as of 2023, there were 277 mortgage originations in Delano, CA, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Delano, CA. Investor activity is low, as 1.0% 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 | 277 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Delano, CA
As of 2024, the percent of homes in Delano, CA under the Section 8 program is 6.2%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Delano, CA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 408 |
Total Units Section 8 | 408 |
% Rentals under Section 8 | 6.2% |
% Occupied Section 8 | 87.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $1,000 | $960 |
| 2 Bedroom | -$100 | $1,350 | $1,250 |
| 3 Bedroom | $50 | $1,700 | $1,750 |
| 4 Bedroom | -$300 | $2,400 | $2,100 |
Affordability — Delano, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $326,000 |
| Median Household Income | $61,300 |