Eureka, CA—95501
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eureka, CA
As of Oct '25, the median home price in Eureka, CA is $385,000, with a year-over-year change of -6.5%. This indicates that home prices in Eureka, CA are decreasing. According to Zillow, the 1-year price projection is -4.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $385,000 | -6.5% |
| Single Family | $386,000 | -6.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $274,000 | -0.4% |
2 Bed | $338,000 | -5.3% |
3 Bed | $409,000 | -3.8% |
4 Bed | $466,000 | -2.3% |
| 5 Bed | $509,000 | -1.7% |
% of Housing Stock
Rental Trends — Eureka, CA
As of July '25, Rentcast reports the average rent in Eureka, CA is $1,450, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in Eureka, CA is studios: $1,390, 1-bedrooms: $1,130, 2-bedrooms: $1,520, 3-bedrooms: $2,100. The most common rental property sizes in Eureka, CA are 2-bedroom and 1-bedroom, accounting for 41.3% and 31.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $1,450 |
| Studio Rent | $875 | $1,390 |
| 1 Bed Rent | $1,100 | $1,130 |
| 2 Bed Rent | $1,550 | $1,520 |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Eureka, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Eureka, CA is 61. This is a increase of 9.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $430,000 | -1.0% |
Listing Count | 43 | 2.0% |
| Listings as % of Homes | 0.2% | 2.0% |
Days on Market | 61 | 9.0% |
Demographics — Eureka, CA
As of the latest ACS Survey released in 2023, Eureka, CA has a population of 23,000, which has decreased by -2.1% over the past 5 years. Eureka, CA is a moderately popular place for families, as children make up 20.3% of the population. The area has a moderately educated workforce, with 33.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,000 | -2.1% |
% Under 18 | 20.3% | 17.3% |
% Seniors | 16.1% | 2.5% |
% WFH | 12.0% | 114.3% |
% w/ College Degree | 33.6% | 37.1% |
As of the latest ACS Survey released in 2023, Eureka, CA is a predominantly white area, with 66.7% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Eureka, CA is hispanic, making up 14.4% of the population. Foreign-born residents account for 7.6% of the population in Eureka, CA, and this percentage has increased by 11.8% 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 | 66.7% | -6.1% |
% Black | 2.5% | 4.2% |
% Hispanic | 14.4% | 16.1% |
% Asian | 6.0% | -6.2% |
% Foreign Born | 7.6% | 11.8% |
Mortgage and Risk — Eureka, CA
According to HUD data as of 2023, there were 147 mortgage originations in Eureka, CA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Eureka, CA. Investor activity is low, as 5.0% 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 | 147 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Eureka, CA
Eureka, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 913 |
Total Units Section 8 | 827 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 73.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $1,100 | $1,040 |
| 2 Bedroom | -$190 | $1,550 | $1,360 |
| 3 Bedroom | -$190 | $2,100 | $1,910 |
| 4 Bedroom | N/A | N/A | $2,280 |
Affordability — Eureka, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.9 |
| Median Home Price | $385,000 |
| Median Household Income | $55,100 |