Los Banos, CA 93635 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Los Banos, CA—93635

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$459,000

3.1% YoY Growth

Household Income

$70,700

34.2% YoY Growth

Days on Market

5.0% Longer YoY

Home Price Forecast

0.4%

Median Rent

$2,200

5.9% YoY Growth

1-Bed Rent

$1,300

6.7% YoY Growth

2-Bed Rent

$1,800

11.8% YoY Growth

3-Bed Rent

$2,300

11.8% YoY Growth

Home Price Trends — Los Banos, CA

As of Dec '25, the median home price in Los Banos, CA is $459,000, with a year-over-year change of -3.1%. This indicates that home prices in Los Banos, CA are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$459,000	-3.1%
Single Family	$459,000	-3.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Los Banos, CA

As of July '25, Rentcast reports the average rent in Los Banos, CA is $2,140, with a year-over-year rent change of 5.9%. Per bedroom, the median rent as of July '25 in Los Banos, CA is studios: $862, 1-bedrooms: $1,280, 2-bedrooms: $1,710, 3-bedrooms: $2,360, 4-bedrooms: $2,450. The most common rental property sizes in Los Banos, CA are 3-bedroom and 2-bedroom, accounting for 41.2% and 24.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,200	$2,140
Studio Rent	$725	$862
1 Bed Rent	$1,300	$1,280
2 Bed Rent	$1,800	$1,710
3 Bed Rent	$2,300	$2,360
4 Bed Rent	$2,500	$2,450

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% of Rental Stock

Studio

4.8%

1 Bedroom

8.8%

2 Bedrooms

24.6%

3 Bedrooms

41.2%

4 Bedrooms

16.6%

5+ Bedrooms

4.1%

Property Listings — Los Banos, CA

As of Dec '25, Realtor.com reports that the median days on market for a home in Los Banos, CA is 51. This is a increase of 27.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$494,000	-5.0%
Listing Count	140	12.0%
Listings as % of Homes	0.6%	12.0%
Days on Market	54	5.0%

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Demographics — Los Banos, CA

As of the latest ACS Survey released in 2023, Los Banos, CA has a population of 49,200, which has increased by 20.8% over the past 5 years. Los Banos, CA is a popular place for families, as children make up 31.7% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	49,200	20.8%
% Under 18	31.7%	-5.1%
% Seniors	11.9%	29.3%
% WFH	6.0%	122.2%
% w/ College Degree	13.2%	24.5%

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As of the latest ACS Survey released in 2023, Los Banos, CA is a predominantly hispanic area, with 72.6% of the population identifying as hispanic. The hispanic population has grown by 3.4% in the last 5 years. The second most common race or ethnicity in Los Banos, CA is white, making up 20.1% of the population. Foreign-born residents account for 27.6% of the population in Los Banos, CA, and this percentage has increased by 3.0% 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	20.1%	-13.4%
% Black	1.8%	5.9%
% Hispanic	72.6%	3.4%
% Asian	2.4%	-20.0%
% Foreign Born	27.6%	3.0%

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Mortgage and Risk — Los Banos, CA

According to HUD data as of 2023, there were 563 mortgage originations in Los Banos, CA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Los Banos, CA. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	563
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Los Banos, CA

As of 2024, the percent of homes in Los Banos, CA under the Section 8 program is 2.9%. 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 and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Los Banos, CA, because HUD payments exceed market rent, while 2-bedroom units do not.

Section 8 Market Size

Total Units under HUD	242
Total Units Section 8	171
% Rentals under Section 8	3.0%
% Occupied Section 8	82.6%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$130	$1,300	$1,430
2 Bedroom	-$40	$1,800	$1,760
3 Bedroom	$130	$2,300	$2,430
4 Bedroom	$460	$2,500	$2,960

Los Banos, CA—93635

Key Metrics at a Glance

Home Price Trends — Los Banos, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Los Banos, CA

% of Rental Stock

Property Listings — Los Banos, CA

Demographics — Los Banos, CA

Race and Ethnicity

Mortgage and Risk — Los Banos, CA

Mortgages

Rentals and Section 8 — Los Banos, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Los Banos, CA

Home Price to Income Ratio

Los Banos, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Gustine, CA

South Dos Palos

Dos Palos, CA

Stevinson, CA

Firebaugh, CA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.5
Median Home Price	$459,000
Median Household Income	$70,700

Los Banos, CA—93635

Key Metrics at a Glance

Home Price Trends — Los Banos, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Los Banos, CA

% of Rental Stock

Property Listings — Los Banos, CA

Demographics — Los Banos, CA

Race and Ethnicity

Mortgage and Risk — Los Banos, CA

Mortgages

Rentals and Section 8 — Los Banos, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Los Banos, CA

Home Price to Income Ratio

Los Banos, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Gustine, CA

South Dos Palos

Dos Palos, CA

Stevinson, CA

Firebaugh, CA

Frequently Asked Questions

What is the average home price in Los Banos, CA 93635?

How have home prices in Los Banos, CA 93635 changed over the past year?

What is the home price projection for Los Banos, CA 93635?

What are the demographics of Los Banos, CA 93635?

How long does it take homes to sell in Los Banos, CA 93635?

What is the average rent price in Los Banos, CA 93635?