Ceres, CA—95307
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ceres, CA
As of Oct '25, the median home price in Ceres, CA is $447,000, with a year-over-year change of -0.2%. This indicates that home prices in Ceres, CA are flat. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $447,000 | -0.2% |
| Single Family | $448,000 | -0.2% |
| Condos | $296,000 | -1.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $351,000 | 1.7% |
3 Bed | $425,000 | -0.2% |
4 Bed | $496,000 | -0.2% |
| 5 Bed | $592,000 | -0.3% |
% of Housing Stock
Rental Trends — Ceres, CA
As of July '25, Rentcast reports the average rent in Ceres, CA is $2,080, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in Ceres, CA is 1-bedrooms: $1,610, 2-bedrooms: $1,590, 3-bedrooms: $2,240, 4-bedrooms: $2,620. The most common rental property sizes in Ceres, CA are 3-bedroom and 2-bedroom, accounting for 40.7% and 29.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,610 |
| 2 Bed Rent | $1,600 | $1,590 |
| 3 Bed Rent | $2,100 | $2,240 |
| 4 Bed Rent | $2,650 | $2,620 |
% of Rental Stock
Property Listings — Ceres, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Ceres, CA is 63. This is a increase of 32.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $462,000 | -4.0% |
Listing Count | 43 | -10.0% |
| Listings as % of Homes | 0.4% | -10.0% |
Days on Market | 63 | 32.0% |
Demographics — Ceres, CA
As of the latest ACS Survey released in 2023, Ceres, CA has a population of 46,200, which has increased by 3.3% over the past 5 years. Ceres, CA is a popular place for families, as children make up 28.0% of the population. The area has a poorly educated workforce, with 12.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 46,200 | 3.3% |
% Under 18 | 28.0% | -9.7% |
% Seniors | 11.9% | 14.4% |
% WFH | 4.8% | 108.7% |
% w/ College Degree | 12.7% | 41.1% |
As of the latest ACS Survey released in 2023, Ceres, CA is a predominantly hispanic area, with 64.1% of the population identifying as hispanic. The hispanic population has grown by 4.7% in the last 5 years. The second most common race or ethnicity in Ceres, CA is white, making up 23.5% of the population. Foreign-born residents account for 27.3% of the population in Ceres, CA, and this percentage has increased by 13.3% 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 | 23.5% | -11.7% |
% Black | 1.1% | -67.6% |
% Hispanic | 64.1% | 4.7% |
% Asian | 8.6% | 48.3% |
% Foreign Born | 27.3% | 13.3% |
Mortgage and Risk — Ceres, CA
According to HUD data as of 2023, there were 349 mortgage originations in Ceres, CA, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Ceres, CA. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 349 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Ceres, CA
As of 2024, the percent of homes in Ceres, CA under the Section 8 program is 10.0%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Ceres, CA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 518 |
Total Units Section 8 | 467 |
% Rentals under Section 8 | 10.0% |
% Occupied Section 8 | 91.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$290 | $1,500 | $1,210 |
| 2 Bedroom | -$30 | $1,600 | $1,570 |
| 3 Bedroom | $100 | $2,100 | $2,200 |
| 4 Bedroom | -$90 | $2,650 | $2,560 |
Affordability — Ceres, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $447,000 |
| Median Household Income | $77,100 |