Lemoore, CA—93245
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lemoore, CA
As of Oct '25, the median home price in Lemoore, CA is $375,000, with a year-over-year change of 1.2%. This indicates that home prices in Lemoore, CA are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $375,000 | 1.2% |
| Single Family | $375,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $268,000 | 2.3% |
3 Bed | $356,000 | 1.7% |
4 Bed | $407,000 | 0.7% |
| 5 Bed | $477,000 | 0.4% |
% of Housing Stock
Rental Trends — Lemoore, CA
As of July '25, Rentcast reports the average rent in Lemoore, CA is $1,820, with a year-over-year rent change of -3.2%. Per bedroom, the median rent as of July '25 in Lemoore, CA is studios: $1,150, 1-bedrooms: $1,120, 2-bedrooms: $1,540, 3-bedrooms: $2,070, 4-bedrooms: $2,690. The most common rental property sizes in Lemoore, CA are 2-bedroom and 3-bedroom, accounting for 42.6% and 35.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,820 |
| Studio Rent | $1,150 | $1,150 |
| 1 Bed Rent | $1,000 | $1,120 |
| 2 Bed Rent | $1,500 | $1,540 |
| 3 Bed Rent | $2,000 | $2,070 |
| 4 Bed Rent | $2,550 | $2,690 |
% of Rental Stock
Property Listings — Lemoore, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lemoore, CA is 45. This is a increase of 12.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $390,000 | -1.0% |
Listing Count | 65 | 1.0% |
| Listings as % of Homes | 0.5% | 1.0% |
Days on Market | 45 | 12.0% |
Demographics — Lemoore, CA
As of the latest ACS Survey released in 2023, Lemoore, CA has a population of 37,400, which has decreased by -3.0% over the past 5 years. Lemoore, CA is a popular place for families, as children make up 28.3% of the population. The area has a poorly educated workforce, with 20.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,400 | -3.0% |
% Under 18 | 28.3% | -2.1% |
% Seniors | 9.5% | 18.8% |
% WFH | 3.7% | -58.0% |
% w/ College Degree | 20.4% | 18.6% |
As of the latest ACS Survey released in 2023, Lemoore, CA is a predominantly hispanic area, with 44.0% of the population identifying as hispanic. The hispanic population has grown by 8.6% in the last 5 years. The second most common race or ethnicity in Lemoore, CA is white, making up 37.5% of the population. Foreign-born residents account for 13.6% of the population in Lemoore, CA, and this percentage has increased by 2.3% 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 | 37.5% | -7.4% |
% Black | 7.4% | -3.9% |
% Hispanic | 44.0% | 8.6% |
% Asian | 6.0% | -3.2% |
% Foreign Born | 13.6% | 2.3% |
Mortgage and Risk — Lemoore, CA
According to HUD data as of 2023, there were 331 mortgage originations in Lemoore, CA, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Lemoore, CA. Investor activity is low, as 2.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 331 |
% Conventional Loans | 50.0% |
% Government Loans | 50.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Lemoore, CA
As of 2024, the percent of homes in Lemoore, CA under the Section 8 program is 2.8%. 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. In Lemoore, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 157 |
Total Units Section 8 | 157 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 63.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $390 | $1,000 | $1,390 |
| 2 Bedroom | $240 | $1,500 | $1,740 |
| 3 Bedroom | $440 | $2,000 | $2,440 |
| 4 Bedroom | $370 | $2,550 | $2,920 |
Affordability — Lemoore, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $375,000 |
| Median Household Income | $78,200 |