Greenfield, CA—93927
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greenfield, CA
As of Oct '25, the median home price in Greenfield, CA is $536,000, with a year-over-year change of -1.8%. This indicates that home prices in Greenfield, CA are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $536,000 | -1.8% |
| Single Family | $536,000 | -1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $450,000 | 0.0% |
3 Bed | $516,000 | -1.3% |
4 Bed | $580,000 | -0.9% |
| 5 Bed | $643,000 | 1.7% |
% of Housing Stock
Rental Trends — Greenfield, CA
As of July '25, Rentcast reports the average rent in Greenfield, CA is $2,880, with a year-over-year rent change of 11.6%. Per bedroom, the median rent as of July '25 in Greenfield, CA is 1-bedrooms: $1,720, 2-bedrooms: $2,500, 3-bedrooms: $3,300, 4-bedrooms: $3,350. The most common rental property sizes in Greenfield, CA are 3-bedroom and 2-bedroom, accounting for 34.7% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,650 | $2,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,470 | $1,720 |
| 2 Bed Rent | $2,500 | $2,500 |
| 3 Bed Rent | $2,700 | $3,300 |
| 4 Bed Rent | $3,200 | $3,350 |
% of Rental Stock
Property Listings — Greenfield, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenfield, CA is 53. This is a decrease of -47.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $468,000 | 14.0% |
Listing Count | 14 | 7.0% |
| Listings as % of Homes | 0.4% | 7.0% |
Days on Market | 53 | -47.0% |
Demographics — Greenfield, CA
As of the latest ACS Survey released in 2023, Greenfield, CA has a population of 21,100, which has increased by 12.5% over the past 5 years. Greenfield, CA is a popular place for families, as children make up 36.6% of the population. The area has a poorly educated workforce, with 8.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,100 | 12.5% |
% Under 18 | 36.6% | 3.4% |
% Seniors | 8.8% | 49.2% |
% WFH | 1.7% | 41.7% |
% w/ College Degree | 8.6% | 68.6% |
As of the latest ACS Survey released in 2023, Greenfield, CA is a predominantly hispanic area, with 94.2% of the population identifying as hispanic. The hispanic population has grown by 5.6% in the last 5 years. The second most common race or ethnicity in Greenfield, CA is white, making up 2.7% of the population. Foreign-born residents account for 40.3% of the population in Greenfield, CA, and this percentage has decreased by 1.0% 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 | 2.7% | -70.0% |
% Black | 1.0% | 0.0% |
% Hispanic | 94.2% | 5.6% |
% Asian | 1.0% | 400.0% |
% Foreign Born | 40.3% | -1.0% |
Mortgage and Risk — Greenfield, CA
According to HUD data as of 2023, there were 90 mortgage originations in Greenfield, CA, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Greenfield, CA. Investor activity is low, as 4.0% 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 | 90 |
% Conventional Loans | 51.0% |
% Government Loans | 49.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Greenfield, CA
As of 2024, the percent of homes in Greenfield, CA under the Section 8 program is 6.7%. 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. In Greenfield, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 182 |
Total Units Section 8 | 182 |
% Rentals under Section 8 | 6.7% |
% Occupied Section 8 | 78.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $750 | $1,470 | $2,220 |
| 2 Bedroom | $170 | $2,500 | $2,670 |
| 3 Bedroom | $900 | $2,700 | $3,600 |
| 4 Bedroom | $760 | $3,200 | $3,960 |
Affordability — Greenfield, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $536,000 |
| Median Household Income | $77,300 |