Tulare, CA—93274
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Tulare, CA
Home Price Trends — Tulare, CA
As of Oct '25, the median home price in Tulare, CA is $347,000, with a year-over-year change of 0.1%. This indicates that home prices in Tulare, CA are flat. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $347,000 | 0.1% |
| Single Family | $347,000 | 0.0% |
| Condos | $243,000 | -0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $237,000 | -1.2% |
3 Bed | $332,000 | 0.0% |
4 Bed | $416,000 | -1.0% |
| 5 Bed | $484,000 | -1.4% |
% of Housing Stock
Rental Trends — Tulare, CA
As of July '25, Rentcast reports the average rent in Tulare, CA is $1,830, with a year-over-year rent change of -2.7%. Per bedroom, the median rent as of July '25 in Tulare, CA is 1-bedrooms: $1,150, 2-bedrooms: $1,500, 3-bedrooms: $1,990, 4-bedrooms: $2,360. The most common rental property sizes in Tulare, CA are 3-bedroom and 2-bedroom, accounting for 42.1% and 33.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,830 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,150 |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $1,950 | $1,990 |
| 4 Bed Rent | $2,300 | $2,360 |
% of Rental Stock
Property Listings — Tulare, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Tulare, CA is 56. This is a increase of 22.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | 5.0% |
Listing Count | 206 | 12.0% |
| Listings as % of Homes | 0.7% | 12.0% |
Days on Market | 56 | 22.0% |
Demographics — Tulare, CA
As of the latest ACS Survey released in 2023, Tulare, CA has a population of 79,200, which has increased by 7.3% over the past 5 years. Tulare, CA is a popular place for families, as children make up 32.0% of the population. The area has a poorly educated workforce, with 10.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 79,200 | 7.3% |
% Under 18 | 32.0% | -1.8% |
% Seniors | 9.7% | 5.4% |
% WFH | 5.1% | 54.5% |
% w/ College Degree | 10.9% | 0.0% |
As of the latest ACS Survey released in 2023, Tulare, CA is a predominantly hispanic area, with 63.7% of the population identifying as hispanic. The hispanic population has grown by 2.7% in the last 5 years. The second most common race or ethnicity in Tulare, CA is white, making up 28.8% of the population. Foreign-born residents account for 19.4% of the population in Tulare, CA, and this percentage has decreased by 3.5% 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 | 28.8% | -8.0% |
% Black | 2.4% | -29.4% |
% Hispanic | 63.7% | 2.7% |
% Asian | 2.5% | 47.1% |
% Foreign Born | 19.4% | -3.5% |
Mortgage and Risk — Tulare, CA
According to HUD data as of 2023, there were 899 mortgage originations in Tulare, CA, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Tulare, CA. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 899 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Tulare, CA
As of 2024, the percent of homes in Tulare, 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. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Tulare, CA, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 960 |
Total Units Section 8 | 696 |
% Rentals under Section 8 | 6.4% |
% Occupied Section 8 | 83.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $1,000 | $1,140 |
| 2 Bedroom | -$10 | $1,500 | $1,490 |
| 3 Bedroom | $100 | $1,950 | $2,050 |
| 4 Bedroom | $70 | $2,300 | $2,370 |
Affordability — Tulare, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $347,000 |
| Median Household Income | $69,900 |