Wasco, CA—93280
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wasco, CA
As of Oct '25, the median home price in Wasco, CA is $315,000, with a year-over-year change of 1.0%. This indicates that home prices in Wasco, CA are flat. 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 | $315,000 | 1.0% |
| Single Family | $316,000 | 0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $220,000 | -1.8% |
3 Bed | $301,000 | 0.0% |
4 Bed | $361,000 | 0.8% |
| 5 Bed | $407,000 | 0.5% |
% of Housing Stock
Rental Trends — Wasco, CA
As of July '25, Rentcast reports the average rent in Wasco, CA is $1,890, with a year-over-year rent change of 24.3%. Per bedroom, the median rent as of July '25 in Wasco, CA is 2-bedrooms: $1,480, 3-bedrooms: $1,990, 4-bedrooms: $2,420. The most common rental property sizes in Wasco, CA are 3-bedroom and 2-bedroom, accounting for 40.1% and 37.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,890 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,480 |
| 3 Bed Rent | $1,900 | $1,990 |
| 4 Bed Rent | $2,420 | $2,420 |
% of Rental Stock
Property Listings — Wasco, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Wasco, CA is 43. This is a increase of 21.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $312,000 | -7.0% |
Listing Count | 29 | -6.0% |
| Listings as % of Homes | 0.2% | -6.0% |
Days on Market | 43 | 21.0% |
Demographics — Wasco, CA
As of the latest ACS Survey released in 2023, Wasco, CA has a population of 27,300, which has decreased by -1.6% over the past 5 years. Wasco, CA is a popular place for families, as children make up 28.1% of the population. The area has a poorly educated workforce, with 7.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,300 | -1.6% |
% Under 18 | 28.1% | 11.1% |
% Seniors | 6.8% | -2.9% |
% WFH | 2.2% | 46.7% |
% w/ College Degree | 7.9% | 192.6% |
As of the latest ACS Survey released in 2023, Wasco, CA is a predominantly hispanic area, with 86.4% of the population identifying as hispanic. The hispanic population has grown by 6.4% in the last 5 years. The second most common race or ethnicity in Wasco, CA is white, making up 7.9% of the population. Foreign-born residents account for 28.5% of the population in Wasco, CA, and this percentage has decreased by 4.0% 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 | 7.9% | -22.5% |
% Black | 4.2% | -33.3% |
% Hispanic | 86.4% | 6.4% |
% Asian | 1.0% | 42.9% |
% Foreign Born | 28.5% | -4.0% |
Mortgage and Risk — Wasco, CA
According to HUD data as of 2023, there were 135 mortgage originations in Wasco, CA, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Wasco, CA. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 135 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Wasco, CA
Wasco, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 130 |
Total Units Section 8 | 130 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 78.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | -$360 | $1,500 | $1,140 |
| 3 Bedroom | -$300 | $1,900 | $1,600 |
| 4 Bedroom | -$490 | $2,420 | $1,930 |
Affordability — Wasco, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $315,000 |
| Median Household Income | $55,100 |