Exeter, CA—93221
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Exeter, CA
As of Oct '25, the median home price in Exeter, CA is $382,000, with a year-over-year change of 1.7%. This indicates that home prices in Exeter, CA are increasing. 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 | $382,000 | 1.7% |
| Single Family | $383,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $262,000 | -1.5% |
3 Bed | $374,000 | 1.4% |
4 Bed | $518,000 | 2.4% |
| 5 Bed | $711,000 | 3.5% |
% of Housing Stock
Rental Trends — Exeter, CA
As of July '25, Rentcast reports the average rent in Exeter, CA is $1,430, with a year-over-year rent change of -6.5%. Per bedroom, the median rent as of July '25 in Exeter, CA is 1-bedrooms: $1,200, 2-bedrooms: $1,420, 3-bedrooms: $1,870. The most common rental property sizes in Exeter, CA are 3-bedroom and 2-bedroom, accounting for 37.6% and 27.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,200 |
| 2 Bed Rent | $1,400 | $1,420 |
| 3 Bed Rent | $2,000 | $1,870 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Exeter, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Exeter, CA is 90. This is a increase of 90.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $510,000 | -22.0% |
Listing Count | 44 | 16.0% |
| Listings as % of Homes | 0.5% | 16.0% |
Days on Market | 90 | 90.0% |
Demographics — Exeter, CA
As of the latest ACS Survey released in 2023, Exeter, CA has a population of 14,400, which has remained stable by 0.5% over the past 5 years. Exeter, CA is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,400 | 0.5% |
% Under 18 | 27.0% | -4.3% |
% Seniors | 13.8% | -1.4% |
% WFH | 4.8% | 33.3% |
% w/ College Degree | 19.5% | 17.5% |
As of the latest ACS Survey released in 2023, Exeter, CA is a predominantly hispanic area, with 52.8% of the population identifying as hispanic. The hispanic population has grown by 22.8% in the last 5 years. The second most common race or ethnicity in Exeter, CA is white, making up 42.0% of the population. Foreign-born residents account for 11.4% of the population in Exeter, CA, and this percentage has decreased by 5.8% 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 | 42.0% | -20.0% |
% Black | 0.2% | -84.6% |
% Hispanic | 52.8% | 22.8% |
% Asian | 2.3% | 0.0% |
% Foreign Born | 11.4% | -5.8% |
Mortgage and Risk — Exeter, CA
According to HUD data as of 2023, there were 147 mortgage originations in Exeter, CA, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Exeter, CA. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 147 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Exeter, CA
Exeter, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 60 |
Total Units Section 8 | 60 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,200 | $1,150 |
| 2 Bedroom | $110 | $1,400 | $1,510 |
| 3 Bedroom | $80 | $2,000 | $2,080 |
| 4 Bedroom | N/A | N/A | $2,400 |
Affordability — Exeter, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $382,000 |
| Median Household Income | $84,100 |