Mojave, CA—93501
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mojave, CA
As of Oct '25, the median home price in Mojave, CA is $230,000, with a year-over-year change of -1.9%. This indicates that home prices in Mojave, CA are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $230,000 | -1.9% |
| Single Family | $230,000 | -1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $182,000 | -3.7% |
3 Bed | $244,000 | -2.0% |
4 Bed | $285,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mojave, CA
As of July '25, Rentcast reports the average rent in Mojave, CA is $1,440, with a year-over-year rent change of -7.1%. Per bedroom, the median rent as of July '25 in Mojave, CA is 1-bedrooms: $1,170, 2-bedrooms: $1,260, 3-bedrooms: $2,800. The most common rental property sizes in Mojave, CA are 2-bedroom and 3-bedroom, accounting for 38.7% and 30.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,440 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,170 |
| 2 Bed Rent | $1,350 | $1,260 |
| 3 Bed Rent | $2,800 | $2,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mojave, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Mojave, CA is 80. This is a increase of 11.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $278,000 | 1.0% |
Listing Count | 23 | 53.0% |
| Listings as % of Homes | 0.9% | 53.0% |
Days on Market | 80 | 11.0% |
Demographics — Mojave, CA
As of the latest ACS Survey released in 2023, Mojave, CA has a population of 5,940, which has increased by 22.3% over the past 5 years. Mojave, CA is a popular place for families, as children make up 27.9% of the population. The area has a poorly educated workforce, with 6.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,940 | 22.3% |
% Under 18 | 27.9% | 17.7% |
% Seniors | 14.5% | -15.7% |
% WFH | 10.4% | 25.3% |
% w/ College Degree | 6.9% | -24.2% |
As of the latest ACS Survey released in 2023, Mojave, CA is a predominantly hispanic area, with 47.5% of the population identifying as hispanic. The hispanic population has grown by 18.5% in the last 5 years. The second most common race or ethnicity in Mojave, CA is white, making up 25.7% of the population. Foreign-born residents account for 13.5% of the population in Mojave, CA, and this percentage has increased by 42.1% 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 | 25.7% | -28.0% |
% Black | 21.8% | -2.2% |
% Hispanic | 47.5% | 18.5% |
% Asian | 1.0% | 150.0% |
% Foreign Born | 13.5% | 42.1% |
Mortgage and Risk — Mojave, CA
According to HUD data as of 2023, there were 44 mortgage originations in Mojave, CA, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Mojave, CA. Investor activity is low, as 5.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 44 |
% Conventional Loans | 50.0% |
% Government Loans | 50.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Mojave, CA
Mojave, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 74 |
Total Units Section 8 | 74 |
% Rentals under Section 8 | 6.4% |
% Occupied Section 8 | 86.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$140 | $1,100 | $960 |
| 2 Bedroom | -$110 | $1,350 | $1,240 |
| 3 Bedroom | -$1,060 | $2,800 | $1,740 |
| 4 Bedroom | N/A | N/A | $2,080 |
Affordability — Mojave, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $230,000 |
| Median Household Income | $55,400 |