Martinez, CA—94553
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Martinez, CA
As of Oct '25, the median home price in Martinez, CA is $757,000, with a year-over-year change of -4.3%. This indicates that home prices in Martinez, CA are decreasing. According to Zillow, the 1-year price projection is -2.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $757,000 | -4.3% |
| Single Family | $779,000 | -4.2% |
| Condos | $456,000 | -5.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $433,000 | -5.3% |
2 Bed | $529,000 | -5.0% |
3 Bed | $736,000 | -4.4% |
4 Bed | $930,000 | -3.9% |
| 5 Bed | $1,080,000 | -3.4% |
% of Housing Stock
Rental Trends — Martinez, CA
As of July '25, Rentcast reports the average rent in Martinez, CA is $3,010, with a year-over-year rent change of 0.3%. Per bedroom, the median rent as of July '25 in Martinez, CA is studios: $1,870, 1-bedrooms: $2,030, 2-bedrooms: $2,500, 3-bedrooms: $3,630, 4-bedrooms: $4,490. The most common rental property sizes in Martinez, CA are 2-bedroom and 1-bedroom, accounting for 37.8% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $3,010 |
| Studio Rent | $1,800 | $1,870 |
| 1 Bed Rent | $2,000 | $2,030 |
| 2 Bed Rent | $2,500 | $2,500 |
| 3 Bed Rent | $3,500 | $3,630 |
| 4 Bed Rent | $4,000 | $4,490 |
% of Rental Stock
Property Listings — Martinez, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Martinez, CA is 45. This is a increase of 36.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $752,000 | 1.0% |
Listing Count | 113 | 30.0% |
| Listings as % of Homes | 0.3% | 30.0% |
Days on Market | 45 | 36.0% |
Demographics — Martinez, CA
As of the latest ACS Survey released in 2023, Martinez, CA has a population of 48,600, which has decreased by -2.2% over the past 5 years. Martinez, CA is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 41.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,600 | -2.2% |
% Under 18 | 19.9% | 2.6% |
% Seniors | 17.5% | 19.0% |
% WFH | 18.2% | 225.0% |
% w/ College Degree | 41.9% | 10.6% |
As of the latest ACS Survey released in 2023, Martinez, CA is a predominantly white area, with 59.1% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Martinez, CA is hispanic, making up 18.6% of the population. Foreign-born residents account for 13.0% of the population in Martinez, CA, and this percentage has decreased by 4.4% 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 | 59.1% | -5.3% |
% Black | 3.1% | 0.0% |
% Hispanic | 18.6% | -8.4% |
% Asian | 10.6% | 14.0% |
% Foreign Born | 13.0% | -4.4% |
Mortgage and Risk — Martinez, CA
According to HUD data as of 2023, there were 768 mortgage originations in Martinez, CA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Martinez, CA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 768 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Martinez, CA
As of 2024, the percent of homes in Martinez, CA under the Section 8 program is 7.0%. 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 Martinez, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 521 |
Total Units Section 8 | 411 |
% Rentals under Section 8 | 7.0% |
% Occupied Section 8 | 89.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $2,000 | $1,990 |
| 2 Bedroom | -$70 | $2,500 | $2,430 |
| 3 Bedroom | -$390 | $3,500 | $3,110 |
| 4 Bedroom | -$310 | $4,000 | $3,690 |
Affordability — Martinez, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $757,000 |
| Median Household Income | $121,000 |