Patterson, CA—95363
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Patterson, CA
As of Oct '25, the median home price in Patterson, CA is $508,000, with a year-over-year change of -1.2%. This indicates that home prices in Patterson, CA are decreasing. 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 | $508,000 | -1.2% |
| Single Family | $509,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $374,000 | 1.4% |
3 Bed | $461,000 | -1.3% |
4 Bed | $522,000 | -1.7% |
| 5 Bed | $584,000 | -1.7% |
% of Housing Stock
Rental Trends — Patterson, CA
As of July '25, Rentcast reports the average rent in Patterson, CA is $2,510, with a year-over-year rent change of 1.6%. Per bedroom, the median rent as of July '25 in Patterson, CA is 1-bedrooms: $1,300, 2-bedrooms: $1,900, 3-bedrooms: $2,250, 4-bedrooms: $2,710. The most common rental property sizes in Patterson, CA are 3-bedroom and 1-bedroom, accounting for 37.7% and 23.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,550 | $2,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | $1,900 | $1,900 |
| 3 Bed Rent | $2,300 | $2,250 |
| 4 Bed Rent | $2,790 | $2,710 |
% of Rental Stock
Property Listings — Patterson, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Patterson, CA is 74. This is a increase of 22.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $536,000 | -2.0% |
Listing Count | 149 | 33.0% |
| Listings as % of Homes | 0.6% | 33.0% |
Days on Market | 74 | 22.0% |
Demographics — Patterson, CA
As of the latest ACS Survey released in 2023, Patterson, CA has a population of 30,400, which has increased by 13.0% over the past 5 years. Patterson, CA is a popular place for families, as children make up 30.7% of the population. The area has a poorly educated workforce, with 15.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,400 | 13.0% |
% Under 18 | 30.7% | 5.9% |
% Seniors | 9.9% | -1.0% |
% WFH | 8.5% | 77.1% |
% w/ College Degree | 15.2% | 46.2% |
As of the latest ACS Survey released in 2023, Patterson, CA is a predominantly hispanic area, with 64.6% of the population identifying as hispanic. The hispanic population has grown by 5.9% in the last 5 years. The second most common race or ethnicity in Patterson, CA is white, making up 19.3% of the population. Foreign-born residents account for 22.7% of the population in Patterson, CA, and this percentage has decreased by 8.5% 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 | 19.3% | -22.2% |
% Black | 4.4% | -22.8% |
% Hispanic | 64.6% | 5.9% |
% Asian | 4.7% | 34.3% |
% Foreign Born | 22.7% | -8.5% |
Mortgage and Risk — Patterson, CA
According to HUD data as of 2023, there were 410 mortgage originations in Patterson, CA, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Patterson, CA. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 410 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Patterson, CA
As of 2024, the percent of homes in Patterson, CA under the Section 8 program is 2.1%. 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 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Patterson, CA, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 83 |
Total Units Section 8 | 53 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $1,300 | $1,420 |
| 2 Bedroom | -$60 | $1,900 | $1,840 |
| 3 Bedroom | $280 | $2,300 | $2,580 |
| 4 Bedroom | $210 | $2,790 | $3,000 |
Affordability — Patterson, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $508,000 |
| Median Household Income | $99,300 |