Occidental, CA—94923
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Occidental, CA
Home Price Trends — Occidental, CA
As of Oct '25, the median home price in Occidental, CA is $1,390,000, with a year-over-year change of -3.3%. This indicates that home prices in Occidental, CA are decreasing. According to Zillow, the 1-year price projection is -1.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,390,000 | -3.3% |
| Single Family | $1,390,000 | -4.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $1,109,000 | -5.7% |
3 Bed | $1,511,000 | -4.5% |
4 Bed | $1,906,000 | -5.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Occidental, CA
As of July '25, Rentcast reports the average rent in Occidental, CA is $2,750, with a year-over-year rent change of -44.8%. Per bedroom, the median rent as of July '25 in Occidental, CA is 1-bedrooms: $2,500, 2-bedrooms: $3,000. The most common rental property sizes in Occidental, CA are 2-bedroom and 1-bedroom, accounting for 56.5% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,500 | $2,500 |
| 2 Bed Rent | $3,000 | $3,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Occidental, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Occidental, CA is 98. This is a increase of 68.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,690,000 | 8.0% |
Listing Count | 38 | 34.0% |
| Listings as % of Homes | 0.5% | 34.0% |
Days on Market | 98 | 68.0% |
Demographics — Occidental, CA
As of the latest ACS Survey released in 2023, Occidental, CA has a population of 1,460, which has increased by 72.2% over the past 5 years. Occidental, CA is a less popular place for families, as children make up 10.6% of the population. The area has a moderately educated workforce, with 43.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,460 | 72.2% |
% Under 18 | 10.6% | ∞% |
% Seniors | 30.9% | -41.3% |
% WFH | 21.9% | -33.0% |
% w/ College Degree | 43.8% | -33.6% |
As of the latest ACS Survey released in 2023, Occidental, CA is a predominantly white area, with 72.2% of the population identifying as white. The white population has shrunk by 23.9% in the last 5 years. The second most common race or ethnicity in Occidental, CA is hispanic, making up 24.6% of the population. Foreign-born residents account for 11.6% of the population in Occidental, CA, and this percentage has increased by Inf% 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 | 72.2% | -23.9% |
% Black | 1.1% | ∞% |
% Hispanic | 24.6% | 382.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 11.6% | ∞% |
Mortgage and Risk — Occidental, CA
According to HUD data as of 2023, there were 29 mortgage originations in Occidental, CA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Occidental, CA. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 29 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 3.0% |
% Second Loans | 24.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Occidental, CA
Occidental, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$470 | $2,500 | $2,030 |
| 2 Bedroom | -$350 | $3,000 | $2,650 |
| 3 Bedroom | N/A | N/A | $3,620 |
| 4 Bedroom | N/A | N/A | $3,830 |
Affordability — Occidental, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 15 |
| Median Home Price | $1,390,000 |
| Median Household Income | N/A |