Porterville, CA—93257
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Porterville, CA
As of Oct '25, the median home price in Porterville, CA is $320,000, with a year-over-year change of 1.1%. This indicates that home prices in Porterville, CA are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $320,000 | 1.1% |
| Single Family | $322,000 | 0.9% |
| Condos | $232,000 | 1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $173,000 | -2.3% |
2 Bed | $231,000 | 0.0% |
3 Bed | $323,000 | 0.6% |
4 Bed | $390,000 | 0.0% |
| 5 Bed | $461,000 | -0.4% |
% of Housing Stock
Rental Trends — Porterville, CA
As of July '25, Rentcast reports the average rent in Porterville, CA is $1,340, with a year-over-year rent change of -5.6%. Per bedroom, the median rent as of July '25 in Porterville, CA is studios: $840, 1-bedrooms: $961, 2-bedrooms: $1,210, 3-bedrooms: $1,650, 4-bedrooms: $2,140. The most common rental property sizes in Porterville, CA are 2-bedroom and 3-bedroom, accounting for 39.1% and 36.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,280 | $1,340 |
| Studio Rent | $795 | $840 |
| 1 Bed Rent | $950 | $961 |
| 2 Bed Rent | $1,180 | $1,210 |
| 3 Bed Rent | $1,450 | $1,650 |
| 4 Bed Rent | $1,980 | $2,140 |
% of Rental Stock
Property Listings — Porterville, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Porterville, CA is 61. This is a increase of 15.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $360,000 | -4.0% |
Listing Count | 140 | 10.0% |
| Listings as % of Homes | 0.5% | 10.0% |
Days on Market | 61 | 15.0% |
Demographics — Porterville, CA
As of the latest ACS Survey released in 2023, Porterville, CA has a population of 79,300, which has increased by 3.1% over the past 5 years. Porterville, CA is a popular place for families, as children make up 30.7% of the population. The area has a poorly educated workforce, with 14.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 79,300 | 3.1% |
% Under 18 | 30.7% | -2.5% |
% Seniors | 12.4% | 10.7% |
% WFH | 2.6% | 36.8% |
% w/ College Degree | 14.7% | 40.0% |
As of the latest ACS Survey released in 2023, Porterville, CA is a predominantly hispanic area, with 72.1% of the population identifying as hispanic. The hispanic population has grown by 11.1% in the last 5 years. The second most common race or ethnicity in Porterville, CA is white, making up 20.6% of the population. Foreign-born residents account for 26.0% of the population in Porterville, CA, and this percentage has increased by 10.6% 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 | 20.6% | -22.8% |
% Black | 0.7% | 0.0% |
% Hispanic | 72.1% | 11.1% |
% Asian | 2.6% | -35.0% |
% Foreign Born | 26.0% | 10.6% |
Mortgage and Risk — Porterville, CA
According to HUD data as of 2023, there were 597 mortgage originations in Porterville, CA, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Porterville, CA. Investor activity is low, as 3.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 597 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Porterville, CA
As of 2024, the percent of homes in Porterville, CA under the Section 8 program is 6.4%. 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 Porterville, 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 | 752 |
Total Units Section 8 | 641 |
% Rentals under Section 8 | 6.4% |
% Occupied Section 8 | 80.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $950 | $1,060 |
| 2 Bedroom | $210 | $1,180 | $1,390 |
| 3 Bedroom | $460 | $1,450 | $1,910 |
| 4 Bedroom | $230 | $1,980 | $2,210 |
Affordability — Porterville, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $320,000 |
| Median Household Income | $58,300 |