Emerald Lake Hills, CA—94062
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Emerald Lake Hills, CA
As of Oct '25, the median home price in Emerald Lake Hills, CA is $2,535,000, with a year-over-year change of 0.5%. This indicates that home prices in Emerald Lake Hills, CA are flat. According to Zillow, the 1-year price projection is -1.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $2,535,000 | 0.5% |
| Single Family | $2,556,000 | 0.9% |
| Condos | $874,000 | -6.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $1,387,000 | -0.3% |
2 Bed | $1,633,000 | 0.5% |
3 Bed | $2,265,000 | 1.2% |
4 Bed | $3,156,000 | 1.0% |
| 5 Bed | $4,266,000 | 0.7% |
% of Housing Stock
Rental Trends — Emerald Lake Hills, CA
As of July '25, Rentcast reports the average rent in Emerald Lake Hills, CA is $3,700, with a year-over-year rent change of -12.1%. Per bedroom, the median rent as of July '25 in Emerald Lake Hills, CA is studios: $2,060, 1-bedrooms: $2,640, 2-bedrooms: $3,180, 3-bedrooms: $5,200, 4-bedrooms: $8,920. The most common rental property sizes in Emerald Lake Hills, CA are 1-bedroom and 2-bedroom, accounting for 35.1% and 26.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,950 | $3,700 |
| Studio Rent | $2,000 | $2,060 |
| 1 Bed Rent | $2,680 | $2,640 |
| 2 Bed Rent | $3,080 | $3,180 |
| 3 Bed Rent | $4,700 | $5,200 |
| 4 Bed Rent | $7,850 | $8,920 |
% of Rental Stock
Property Listings — Emerald Lake Hills, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Emerald Lake Hills, CA is 39. This is a decrease of -12.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,990,000 | -8.0% |
Listing Count | 72 | 6.0% |
| Listings as % of Homes | 0.3% | 6.0% |
Days on Market | 39 | -12.0% |
Demographics — Emerald Lake Hills, CA
As of the latest ACS Survey released in 2023, Emerald Lake Hills, CA has a population of 25,900, which has decreased by -6.5% over the past 5 years. Emerald Lake Hills, CA is a moderately popular place for families, as children make up 21.6% of the population. The area has a highly educated workforce, with 67.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,900 | -6.5% |
% Under 18 | 21.6% | 3.3% |
% Seniors | 19.4% | 4.3% |
% WFH | 33.4% | 221.2% |
% w/ College Degree | 67.6% | 2.4% |
As of the latest ACS Survey released in 2023, Emerald Lake Hills, CA is a predominantly white area, with 69.1% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Emerald Lake Hills, CA is hispanic, making up 13.1% of the population. Foreign-born residents account for 16.9% of the population in Emerald Lake Hills, CA, and this percentage has decreased by 12.4% 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 | 69.1% | -4.7% |
% Black | 1.8% | 80.0% |
% Hispanic | 13.1% | -7.1% |
% Asian | 9.0% | 9.8% |
% Foreign Born | 16.9% | -12.4% |
Mortgage and Risk — Emerald Lake Hills, CA
According to HUD data as of 2023, there were 275 mortgage originations in Emerald Lake Hills, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Emerald Lake Hills, CA. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 275 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Emerald Lake Hills, CA
As of 2024, the percent of homes in Emerald Lake Hills, CA under the Section 8 program is 1.5%. 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 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Emerald Lake Hills, CA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 42 |
Total Units Section 8 | 42 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $2,680 | $2,860 |
| 2 Bedroom | $330 | $3,080 | $3,410 |
| 3 Bedroom | -$450 | $4,700 | $4,250 |
| 4 Bedroom | -$3,330 | $7,850 | $4,520 |
Affordability — Emerald Lake Hills, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.7 |
| Median Home Price | $2,535,000 |
| Median Household Income | $233,000 |