Half Moon Bay, CA—94019
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Half Moon Bay, CA
As of Oct '25, the median home price in Half Moon Bay, CA is $1,540,000, with a year-over-year change of 2.7%. This indicates that home prices in Half Moon Bay, CA are increasing. According to Zillow, the 1-year price projection is -1.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,540,000 | 2.7% |
| Single Family | $1,587,000 | 3.3% |
| Condos | $744,000 | -4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $955,000 | -0.1% |
3 Bed | $1,467,000 | 3.0% |
4 Bed | $1,867,000 | 4.9% |
| 5 Bed | $2,319,000 | 2.7% |
% of Housing Stock
Rental Trends — Half Moon Bay, CA
As of July '25, Rentcast reports the average rent in Half Moon Bay, CA is $5,510, with a year-over-year rent change of 9.8%. Per bedroom, the median rent as of July '25 in Half Moon Bay, CA is 2-bedrooms: $3,800, 3-bedrooms: $6,190, 4-bedrooms: $5,500. The most common rental property sizes in Half Moon Bay, CA are 3-bedroom and 2-bedroom, accounting for 34.7% and 28.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,500 | $5,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $3,500 | $3,800 |
| 3 Bed Rent | $6,000 | $6,190 |
| 4 Bed Rent | $5,500 | $5,500 |
% of Rental Stock
Property Listings — Half Moon Bay, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Half Moon Bay, CA is 60. This is a increase of 14.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,560,000 | -7.0% |
Listing Count | 53 | 48.0% |
| Listings as % of Homes | 0.3% | 48.0% |
Days on Market | 60 | 14.0% |
Demographics — Half Moon Bay, CA
As of the latest ACS Survey released in 2023, Half Moon Bay, CA has a population of 14,800, which has decreased by -27.4% over the past 5 years. Half Moon Bay, CA is a moderately popular place for families, as children make up 20.4% of the population. The area has a highly educated workforce, with 53.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,800 | -27.4% |
% Under 18 | 20.4% | 0.0% |
% Seniors | 22.3% | 28.2% |
% WFH | 25.5% | 249.3% |
% w/ College Degree | 53.8% | 9.1% |
As of the latest ACS Survey released in 2023, Half Moon Bay, CA is a predominantly white area, with 61.6% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Half Moon Bay, CA is hispanic, making up 29.5% of the population. Foreign-born residents account for 20.3% of the population in Half Moon Bay, CA, and this percentage has decreased by 12.1% 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 | 61.6% | -1.4% |
% Black | 0.8% | 700.0% |
% Hispanic | 29.5% | 2.1% |
% Asian | 3.9% | -39.1% |
% Foreign Born | 20.3% | -12.1% |
Mortgage and Risk — Half Moon Bay, CA
According to HUD data as of 2023, there were 112 mortgage originations in Half Moon Bay, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Half Moon Bay, 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 | 112 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Half Moon Bay, CA
Half Moon Bay, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 318 |
Total Units Section 8 | 255 |
% Rentals under Section 8 | 20.3% |
% Occupied Section 8 | 88.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,540 |
| 2 Bedroom | -$470 | $3,500 | $3,030 |
| 3 Bedroom | -$2,290 | $6,000 | $3,710 |
| 4 Bedroom | -$1,470 | $5,500 | $4,030 |
Affordability — Half Moon Bay, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.4 |
| Median Home Price | $1,540,000 |
| Median Household Income | $153,000 |