Tehachapi, CA93561

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$419,000
0.7% YoY Growth
Median Household Income
$86,100
36.1% 5-Year Growth
Days on Market
69
17.0% Longer than last year
Home Price Forecast
1.6%
Median Rent
$2,300
5.3% YoY Growth
1-Bed Rent
$995
6.8% YoY Growth
2-Bed Rent
$1,500
1.8% YoY Growth
3-Bed Rent
$2,400
3.8% YoY Growth

Property Listings — Tehachapi, CA

As of Oct '25, Realtor.com reports that the median days on market for a home in Tehachapi, CA is 69. This is a increase of 17.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$491,000-1.0%
Listing Count
30050.0%
Listings as % of Homes1.3%50.0%
Days on Market
6917.0%
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Demographics — Tehachapi, CA

As of the latest ACS Survey released in 2023, Tehachapi, CA has a population of 31,200, which has decreased by -10.5% over the past 5 years. Tehachapi, CA is a moderately popular place for families, as children make up 23.0% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
31,200-10.5%
% Under 18
23.0%2.7%
% Seniors
23.5%39.9%
% WFH
10.2%47.8%
% w/ College Degree
27.7%53.9%
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As of the latest ACS Survey released in 2023, Tehachapi, CA is a predominantly white area, with 68.3% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Tehachapi, CA is hispanic, making up 23.8% of the population. Foreign-born residents account for 9.8% of the population in Tehachapi, CA, and this percentage has increased by 27.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
68.3%1.2%
% Black
0.7%-81.6%
% Hispanic
23.8%-3.3%
% Asian
2.3%35.3%
% Foreign Born
9.8%27.3%
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Mortgage and Risk — Tehachapi, CA

According to HUD data as of 2023, there were 746 mortgage originations in Tehachapi, CA, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Tehachapi, 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

MetricZip Code Average
Total Loan Originations
746
% Conventional Loans
65.0%
% Government Loans
35.0%
% Investor Loans
2.0%
% Second Loans
2.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Tehachapi, CA

As of 2024, the percent of homes in Tehachapi, CA under the Section 8 program is 1.2%. 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 units appear to be good home sizes to consider for Section 8 housing in Tehachapi, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
32
Total Units Section 8
32
% Rentals under Section 8
1.2%
% Occupied Section 8
89.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$115$995$1,110
2 Bedroom-$60$1,500$1,440
3 Bedroom-$380$2,400$2,020
4 Bedroom-$30$2,450$2,420

Affordability — Tehachapi, CA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.6
Median Home Price$419,000
Median Household Income$86,100

Tehachapi, CA — ZIP Code Boundary Map

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Frequently Asked Questions