Kerman, CA—93630
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kerman, CA
As of Oct '25, the median home price in Kerman, CA is $406,000, with a year-over-year change of 1.0%. This indicates that home prices in Kerman, CA are flat. 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 | $406,000 | 1.0% |
| Single Family | $406,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $338,000 | 2.1% |
3 Bed | $389,000 | 1.3% |
4 Bed | $431,000 | 0.7% |
| 5 Bed | $560,000 | 0.2% |
% of Housing Stock
Rental Trends — Kerman, CA
As of July '25, Rentcast reports the average rent in Kerman, CA is $1,620, with a year-over-year rent change of -12.0%. Per bedroom, the median rent as of July '25 in Kerman, CA is studios: $1,050, 2-bedrooms: $1,500, 3-bedrooms: $2,300. The most common rental property sizes in Kerman, CA are 2-bedroom and 3-bedroom, accounting for 45.1% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,620 |
| Studio Rent | $1,050 | $1,050 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $2,300 | $2,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kerman, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Kerman, CA is 57. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | -22.0% |
Listing Count | 19 | -8.0% |
| Listings as % of Homes | 0.5% | -8.0% |
Days on Market | 57 | -1.0% |
Demographics — Kerman, CA
As of the latest ACS Survey released in 2023, Kerman, CA has a population of 21,400, which has increased by 5.7% over the past 5 years. Kerman, CA is a popular place for families, as children make up 31.4% of the population. The area has a poorly educated workforce, with 14.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,400 | 5.7% |
% Under 18 | 31.4% | -3.7% |
% Seniors | 11.3% | 11.9% |
% WFH | 4.3% | -12.2% |
% w/ College Degree | 14.5% | 88.3% |
As of the latest ACS Survey released in 2023, Kerman, CA is a predominantly hispanic area, with 79.2% of the population identifying as hispanic. The hispanic population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Kerman, CA is white, making up 13.1% of the population. Foreign-born residents account for 27.4% of the population in Kerman, CA, and this percentage has decreased by 10.5% 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 | 13.1% | -13.2% |
% Black | 0.7% | 600.0% |
% Hispanic | 79.2% | -0.3% |
% Asian | 5.1% | 30.8% |
% Foreign Born | 27.4% | -10.5% |
Mortgage and Risk — Kerman, CA
According to HUD data as of 2023, there were 223 mortgage originations in Kerman, CA, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Kerman, CA. Investor activity is low, as 1.0% 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 | 223 |
% Conventional Loans | 55.0% |
% Government Loans | 45.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Kerman, CA
Kerman, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 86 |
Total Units Section 8 | 39 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,210 |
| 2 Bedroom | -$10 | $1,500 | $1,490 |
| 3 Bedroom | -$210 | $2,300 | $2,090 |
| 4 Bedroom | N/A | N/A | $2,390 |
Affordability — Kerman, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $406,000 |
| Median Household Income | $60,400 |