Halfway House, CA—93308
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Halfway House, CA
As of Oct '25, the median home price in Halfway House, CA is $344,000, with a year-over-year change of 0.7%. This indicates that home prices in Halfway House, CA are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $344,000 | 0.7% |
| Single Family | $346,000 | 0.3% |
| Condos | $230,000 | 0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $166,000 | 1.8% |
2 Bed | $222,000 | -0.4% |
3 Bed | $353,000 | 0.3% |
4 Bed | $443,000 | -0.4% |
| 5 Bed | $534,000 | -0.7% |
% of Housing Stock
Rental Trends — Halfway House, CA
As of July '25, Rentcast reports the average rent in Halfway House, CA is $1,480, with a year-over-year rent change of -3.9%. Per bedroom, the median rent as of July '25 in Halfway House, CA is studios: $829, 1-bedrooms: $1,040, 2-bedrooms: $1,370, 3-bedrooms: $1,800, 4-bedrooms: $2,240. The most common rental property sizes in Halfway House, CA are 2-bedroom and 3-bedroom, accounting for 44.2% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,480 |
| Studio Rent | $750 | $829 |
| 1 Bed Rent | $975 | $1,040 |
| 2 Bed Rent | $1,300 | $1,370 |
| 3 Bed Rent | $1,720 | $1,800 |
| 4 Bed Rent | $2,300 | $2,240 |
% of Rental Stock
Property Listings — Halfway House, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Halfway House, CA is 42. This is a increase of 14.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $355,000 | 7.0% |
Listing Count | 194 | 26.0% |
| Listings as % of Homes | 0.4% | 26.0% |
Days on Market | 42 | 14.0% |
Demographics — Halfway House, CA
As of the latest ACS Survey released in 2023, Halfway House, CA has a population of 55,800, which has increased by 3.9% over the past 5 years. Halfway House, CA is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 55,800 | 3.9% |
% Under 18 | 25.5% | -0.8% |
% Seniors | 14.5% | 12.4% |
% WFH | 6.0% | 140.0% |
% w/ College Degree | 17.7% | 18.0% |
As of the latest ACS Survey released in 2023, Halfway House, CA is a predominantly white area, with 56.9% of the population identifying as white. The white population has shrunk by 15.6% in the last 5 years. The second most common race or ethnicity in Halfway House, CA is hispanic, making up 32.1% of the population. Foreign-born residents account for 8.0% of the population in Halfway House, CA, and this percentage has increased by 37.9% 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 | 56.9% | -15.6% |
% Black | 2.6% | -10.3% |
% Hispanic | 32.1% | 32.1% |
% Asian | 2.5% | 78.6% |
% Foreign Born | 8.0% | 37.9% |
Mortgage and Risk — Halfway House, CA
According to HUD data as of 2023, there were 681 mortgage originations in Halfway House, CA, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Halfway House, CA. Investor activity is low, as 6.0% 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 | 681 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Halfway House, CA
As of 2024, the percent of homes in Halfway House, CA under the Section 8 program is 6.3%. 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 Halfway House, 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 | 760 |
Total Units Section 8 | 668 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | 89.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $135 | $975 | $1,110 |
| 2 Bedroom | $140 | $1,300 | $1,440 |
| 3 Bedroom | $300 | $1,720 | $2,020 |
| 4 Bedroom | $120 | $2,300 | $2,420 |
Affordability — Halfway House, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $344,000 |
| Median Household Income | $59,500 |