Prather, CA—93651
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Prather, CA
As of Oct '25, the median home price in Prather, CA is $553,000, with a year-over-year change of 3.5%. This indicates that home prices in Prather, CA are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $553,000 | 3.5% |
| Single Family | $553,000 | 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 | N/A | N/A |
3 Bed | $534,000 | 3.9% |
4 Bed | $620,000 | 2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Prather, CA
Prather, CA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Prather, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Prather, CA is 63. This is a increase 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $635,000 | -8.0% |
Listing Count | 7 | -49.0% |
| Listings as % of Homes | 1.7% | -49.0% |
Days on Market | 63 | 1.0% |
Demographics — Prather, CA
As of the latest ACS Survey released in 2023, Prather, CA has a population of 1,440, which has decreased by -24.8% over the past 5 years. Prather, CA is a moderately popular place for families, as children make up 23.9% of the population. The area has a moderately educated workforce, with 38.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,440 | -24.8% |
% Under 18 | 23.9% | 44.8% |
% Seniors | 19.8% | -18.2% |
% WFH | 14.8% | 27.6% |
% w/ College Degree | 38.3% | 14.0% |
As of the latest ACS Survey released in 2023, Prather, CA is a predominantly white area, with 64.9% of the population identifying as white. The white population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in Prather, CA is hispanic, making up 17.7% of the population. Foreign-born residents account for 1.0% of the population in Prather, CA, and this percentage has decreased by 73.0% 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 | 64.9% | -9.6% |
% Black | 2.6% | ∞% |
% Hispanic | 17.7% | -14.9% |
% Asian | 1.0% | 150.0% |
% Foreign Born | 1.0% | -73.0% |
Mortgage and Risk — Prather, CA
According to HUD data as of 2023, there were 29 mortgage originations in Prather, CA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Prather, CA. Investor activity is low, as 0.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 29 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Prather, CA
Prather, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,480 |
| 2 Bedroom | N/A | N/A | $1,830 |
| 3 Bedroom | N/A | N/A | $2,560 |
| 4 Bedroom | N/A | N/A | $2,940 |
Affordability — Prather, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $553,000 |
| Median Household Income | $93,000 |