Vallejo, CA—94590
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vallejo, CA
As of Oct '25, the median home price in Vallejo, CA is $458,000, with a year-over-year change of -6.3%. This indicates that home prices in Vallejo, CA are decreasing. 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 | $458,000 | -6.3% |
| Single Family | $470,000 | -6.0% |
| Condos | $288,000 | -7.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $317,000 | -8.1% |
2 Bed | $408,000 | -7.1% |
3 Bed | $488,000 | -5.2% |
4 Bed | $558,000 | -4.1% |
| 5 Bed | $610,000 | -4.2% |
% of Housing Stock
Rental Trends — Vallejo, CA
As of July '25, Rentcast reports the average rent in Vallejo, CA is $2,070, with a year-over-year rent change of 4.5%. Per bedroom, the median rent as of July '25 in Vallejo, CA is studios: $1,580, 1-bedrooms: $1,680, 2-bedrooms: $2,100, 3-bedrooms: $2,820, 4-bedrooms: $3,060. The most common rental property sizes in Vallejo, CA are 2-bedroom and 1-bedroom, accounting for 40.0% and 27.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,070 |
| Studio Rent | $1,500 | $1,580 |
| 1 Bed Rent | $1,600 | $1,680 |
| 2 Bed Rent | $2,050 | $2,100 |
| 3 Bed Rent | $2,800 | $2,820 |
| 4 Bed Rent | $3,000 | $3,060 |
% of Rental Stock
Property Listings — Vallejo, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Vallejo, CA is 59. This is a increase of 19.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $470,000 | -5.0% |
Listing Count | 124 | 19.0% |
| Listings as % of Homes | 0.4% | 19.0% |
Days on Market | 59 | 19.0% |
Demographics — Vallejo, CA
As of the latest ACS Survey released in 2023, Vallejo, CA has a population of 37,400, which has remained stable by 0.1% over the past 5 years. Vallejo, CA is a moderately popular place for families, as children make up 19.5% of the population. The area has a moderately educated workforce, with 25.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,400 | 0.1% |
% Under 18 | 19.5% | -10.6% |
% Seniors | 16.3% | 22.6% |
% WFH | 11.1% | 200.0% |
% w/ College Degree | 25.9% | 18.8% |
As of the latest ACS Survey released in 2023, Vallejo, CA is a predominantly hispanic area, with 31.8% of the population identifying as hispanic. The hispanic population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in Vallejo, CA is white, making up 25.5% of the population. Foreign-born residents account for 24.6% of the population in Vallejo, CA, and this percentage has increased by 13.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 25.5% | -1.2% |
% Black | 21.6% | -18.2% |
% Hispanic | 31.8% | 3.9% |
% Asian | 13.4% | 10.7% |
% Foreign Born | 24.6% | 13.9% |
Mortgage and Risk — Vallejo, CA
According to HUD data as of 2023, there were 393 mortgage originations in Vallejo, CA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Vallejo, CA. Investor activity is low, as 6.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 393 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Vallejo, CA
As of 2024, the percent of homes in Vallejo, CA under the Section 8 program is 23.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Vallejo, 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 | 2,125 |
Total Units Section 8 | 2,006 |
% Rentals under Section 8 | 23.6% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $1,600 | $1,700 |
| 2 Bedroom | $120 | $2,050 | $2,170 |
| 3 Bedroom | $100 | $2,800 | $2,900 |
| 4 Bedroom | $290 | $3,000 | $3,290 |
Affordability — Vallejo, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $458,000 |
| Median Household Income | $67,000 |