Tracy, CA—95391
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tracy, CA
As of Oct '25, the median home price in Tracy, CA is $929,000, with a year-over-year change of -7.1%. This indicates that home prices in Tracy, CA are decreasing. According to Zillow, the 1-year price projection is -2.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $929,000 | -7.1% |
| Single Family | $935,000 | -8.1% |
| Condos | $559,000 | -5.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $548,000 | -6.6% |
3 Bed | $767,000 | -6.0% |
4 Bed | $953,000 | -8.0% |
| 5 Bed | $1,111,000 | -8.6% |
% of Housing Stock
Rental Trends — Tracy, CA
As of July '25, Rentcast reports the average rent in Tracy, CA is $2,960, with a year-over-year rent change of -7.5%. Per bedroom, the median rent as of July '25 in Tracy, CA is studios: $1,400, 1-bedrooms: $1,470, 2-bedrooms: $2,600, 3-bedrooms: $3,060, 4-bedrooms: $3,280. The most common rental property sizes in Tracy, CA are 4-bedroom and studio, accounting for 41.4% and 20.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,150 | $2,960 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $1,050 | $1,470 |
| 2 Bed Rent | $2,600 | $2,600 |
| 3 Bed Rent | $3,080 | $3,060 |
| 4 Bed Rent | $3,250 | $3,280 |
% of Rental Stock
Property Listings — Tracy, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Tracy, CA is 58. This is a increase of 84.0% 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 | $918,000 | -7.0% |
Listing Count | 75 | 67.0% |
| Listings as % of Homes | 0.2% | 67.0% |
Days on Market | 58 | 84.0% |
Demographics — Tracy, CA
As of the latest ACS Survey released in 2023, Tracy, CA has a population of 25,200, which has increased by 52.1% over the past 5 years. Tracy, CA is a popular place for families, as children make up 32.2% of the population. The area has a highly educated workforce, with 50.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,200 | 52.1% |
% Under 18 | 32.2% | -17.4% |
% Seniors | 6.9% | 43.8% |
% WFH | 18.6% | 111.4% |
% w/ College Degree | 50.7% | 10.7% |
As of the latest ACS Survey released in 2023, Tracy, CA is a predominantly asian area, with 55.6% of the population identifying as asian. The asian population has grown by 34.6% in the last 5 years. The second most common race or ethnicity in Tracy, CA is white, making up 21.8% of the population. Foreign-born residents account for 43.0% of the population in Tracy, CA, and this percentage has increased by 30.7% 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 | 21.8% | -19.6% |
% Black | 5.8% | -36.3% |
% Hispanic | 9.1% | -40.1% |
% Asian | 55.6% | 34.6% |
% Foreign Born | 43.0% | 30.7% |
Mortgage and Risk — Tracy, CA
Tracy, CA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Tracy, CA
As of 2024, the percent of homes in Tracy, CA under the Section 8 program is 1.2%. 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 Tracy, 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 | 38 |
Total Units Section 8 | 38 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,000 | $1,050 | $2,050 |
| 2 Bedroom | $10 | $2,600 | $2,610 |
| 3 Bedroom | $570 | $3,080 | $3,650 |
| 4 Bedroom | $1,120 | $3,250 | $4,370 |
Affordability — Tracy, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $929,000 |
| Median Household Income | $172,000 |