Caruthers, CA—93609
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Caruthers, CA
As of Oct '25, the median home price in Caruthers, CA is $382,000, with a year-over-year change of 3.4%. This indicates that home prices in Caruthers, CA are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $382,000 | 3.4% |
| Single Family | $384,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $278,000 | 1.1% |
3 Bed | $375,000 | 3.3% |
4 Bed | $407,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Caruthers, CA
Caruthers, CA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,600 | $2,600 |
% of Rental Stock
Property Listings — Caruthers, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Caruthers, CA is 44. This is a increase of 198.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $354,000 | 8.0% |
Listing Count | 4 | -7.0% |
| Listings as % of Homes | 0.5% | -7.0% |
Days on Market | 44 | 198.0% |
Demographics — Caruthers, CA
As of the latest ACS Survey released in 2023, Caruthers, CA has a population of 5,070, which has decreased by -9.2% over the past 5 years. Caruthers, CA is a popular place for families, as children make up 30.5% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,070 | -9.2% |
% Under 18 | 30.5% | 8.2% |
% Seniors | 6.9% | -49.3% |
% WFH | 10.5% | 133.3% |
% w/ College Degree | 15.6% | 69.6% |
As of the latest ACS Survey released in 2023, Caruthers, CA is a predominantly hispanic area, with 68.5% of the population identifying as hispanic. The hispanic population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Caruthers, CA is white, making up 23.1% of the population. Foreign-born residents account for 30.6% of the population in Caruthers, CA, and this percentage has decreased by 5.0% 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 | 23.1% | 6.9% |
% Black | 4.8% | ∞% |
% Hispanic | 68.5% | -6.3% |
% Asian | 1.9% | -40.6% |
% Foreign Born | 30.6% | -5.0% |
Mortgage and Risk — Caruthers, CA
According to HUD data as of 2023, there were 28 mortgage originations in Caruthers, CA, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Caruthers, CA. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 28 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Caruthers, CA
Caruthers, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,150 |
| 2 Bedroom | N/A | N/A | $1,420 |
| 3 Bedroom | N/A | N/A | $1,990 |
| 4 Bedroom | -$320 | $2,600 | $2,280 |
Affordability — Caruthers, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $382,000 |
| Median Household Income | $68,500 |