Clovis, CA—93619
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clovis, CA
As of Oct '25, the median home price in Clovis, CA is $602,000, with a year-over-year change of -0.3%. This indicates that home prices in Clovis, 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 | $602,000 | -0.3% |
| Single Family | $605,000 | -0.2% |
| Condos | $427,000 | 2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $405,000 | -0.7% |
3 Bed | $499,000 | -0.6% |
4 Bed | $658,000 | -0.3% |
| 5 Bed | $771,000 | -0.5% |
% of Housing Stock
Rental Trends — Clovis, CA
As of July '25, Rentcast reports the average rent in Clovis, CA is $2,630, with a year-over-year rent change of 0.4%. Per bedroom, the median rent as of July '25 in Clovis, CA is 2-bedrooms: $2,220, 3-bedrooms: $2,500, 4-bedrooms: $2,780. The most common rental property sizes in Clovis, CA are 3-bedroom and 2-bedroom, accounting for 51.4% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,550 | $2,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,200 | $2,220 |
| 3 Bed Rent | $2,400 | $2,500 |
| 4 Bed Rent | $2,750 | $2,780 |
% of Rental Stock
Property Listings — Clovis, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Clovis, CA is 48. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $611,000 | -8.0% |
Listing Count | 336 | 61.0% |
| Listings as % of Homes | 1.1% | 61.0% |
Days on Market | 48 | -3.0% |
Demographics — Clovis, CA
As of the latest ACS Survey released in 2023, Clovis, CA has a population of 53,400, which has increased by 42.5% over the past 5 years. Clovis, CA is a popular place for families, as children make up 31.3% of the population. The area has a highly educated workforce, with 46.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 53,400 | 42.5% |
% Under 18 | 31.3% | 11.0% |
% Seniors | 13.0% | -5.1% |
% WFH | 12.2% | 121.8% |
% w/ College Degree | 46.6% | -1.5% |
As of the latest ACS Survey released in 2023, Clovis, CA is a predominantly white area, with 55.4% of the population identifying as white. The white population has shrunk by 12.3% in the last 5 years. The second most common race or ethnicity in Clovis, CA is hispanic, making up 22.9% of the population. Foreign-born residents account for 12.0% of the population in Clovis, CA, and this percentage has decreased by 4.8% 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 | 55.4% | -12.3% |
% Black | 1.7% | 21.4% |
% Hispanic | 22.9% | 13.9% |
% Asian | 15.2% | 33.3% |
% Foreign Born | 12.0% | -4.8% |
Mortgage and Risk — Clovis, CA
According to HUD data as of 2023, there were 864 mortgage originations in Clovis, CA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Clovis, CA. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 864 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Clovis, CA
Clovis, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 133 |
Total Units Section 8 | 133 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,830 |
| 2 Bedroom | $60 | $2,200 | $2,260 |
| 3 Bedroom | $770 | $2,400 | $3,170 |
| 4 Bedroom | $880 | $2,750 | $3,630 |
Affordability — Clovis, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $602,000 |
| Median Household Income | $139,000 |