Eureka, CA—95503
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 $428,000, with a year-over-year change of -5.0%. This indicates that home prices in Eureka, CA are decreasing. According to Zillow, the 1-year price projection is -3.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $428,000 | -5.0% |
| Single Family | $428,000 | -5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $276,000 | -5.5% |
2 Bed | $345,000 | -3.9% |
3 Bed | $448,000 | -2.8% |
4 Bed | $534,000 | -2.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Eureka, CA
As of July '25, Rentcast reports the average rent in Eureka, CA is $1,900, with a year-over-year rent change of 1.1%. Per bedroom, the median rent as of July '25 in Eureka, CA is studios: $850, 1-bedrooms: $1,340, 2-bedrooms: $1,530, 3-bedrooms: $2,350, 4-bedrooms: $3,040. The most common rental property sizes in Eureka, CA are 3-bedroom and 2-bedroom, accounting for 37.2% and 35.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,790 | $1,900 |
| Studio Rent | $850 | $850 |
| 1 Bed Rent | $1,100 | $1,340 |
| 2 Bed Rent | $1,350 | $1,530 |
| 3 Bed Rent | $2,250 | $2,350 |
| 4 Bed Rent | $2,490 | $3,040 |
% 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 69. This is a increase of 46.0% 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 48.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $515,000 | 1.0% |
Listing Count | 66 | 35.0% |
| Listings as % of Homes | 0.3% | 35.0% |
Days on Market | 69 | 46.0% |
Demographics — Eureka, CA
As of the latest ACS Survey released in 2023, Eureka, CA has a population of 24,400, which has decreased by -4.2% over the past 5 years. Eureka, CA is a moderately popular place for families, as children make up 17.5% of the population. The area has a moderately educated workforce, with 29.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,400 | -4.2% |
% Under 18 | 17.5% | -18.2% |
% Seniors | 23.9% | 23.2% |
% WFH | 10.2% | 56.9% |
% w/ College Degree | 29.4% | 3.2% |
As of the latest ACS Survey released in 2023, Eureka, CA is a predominantly white area, with 72.1% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Eureka, CA is hispanic, making up 13.8% of the population. Foreign-born residents account for 8.0% of the population in Eureka, CA, and this percentage has decreased by 4.8% 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 | 72.1% | -3.9% |
% Black | 1.0% | 150.0% |
% Hispanic | 13.8% | 21.1% |
% Asian | 4.0% | -33.3% |
% Foreign Born | 8.0% | -4.8% |
Mortgage and Risk — Eureka, CA
According to HUD data as of 2023, there were 198 mortgage originations in Eureka, CA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Eureka, CA. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 198 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
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 | 257 |
Total Units Section 8 | 147 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 66.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $1,100 | $1,230 |
| 2 Bedroom | $260 | $1,350 | $1,610 |
| 3 Bedroom | $10 | $2,250 | $2,260 |
| 4 Bedroom | $210 | $2,490 | $2,700 |
Affordability — Eureka, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $428,000 |
| Median Household Income | $76,700 |