Fortuna, CA—95540
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fortuna, CA
As of Oct '25, the median home price in Fortuna, CA is $419,000, with a year-over-year change of -3.7%. This indicates that home prices in Fortuna, CA are decreasing. According to Zillow, the 1-year price projection is -3.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $419,000 | -3.7% |
| Single Family | $419,000 | -3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $330,000 | -2.7% |
3 Bed | $439,000 | -1.8% |
4 Bed | $538,000 | 0.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fortuna, CA
As of July '25, Rentcast reports the average rent in Fortuna, CA is $1,370, with a year-over-year rent change of -0.7%. Per bedroom, the median rent as of July '25 in Fortuna, CA is studios: $900, 1-bedrooms: $1,150, 2-bedrooms: $1,500, 3-bedrooms: $1,490. The most common rental property sizes in Fortuna, CA are 2-bedroom and 3-bedroom, accounting for 44.0% and 25.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,370 |
| Studio Rent | $900 | $900 |
| 1 Bed Rent | $1,100 | $1,150 |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $1,550 | $1,490 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fortuna, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fortuna, CA is 72. This is a increase of 16.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $506,000 | 5.0% |
Listing Count | 36 | -12.0% |
| Listings as % of Homes | 0.5% | -12.0% |
Days on Market | 72 | 16.0% |
Demographics — Fortuna, CA
As of the latest ACS Survey released in 2023, Fortuna, CA has a population of 14,600, which has increased by 2.3% over the past 5 years. Fortuna, CA is a moderately popular place for families, as children make up 21.2% of the population. The area has a poorly educated workforce, with 24.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,600 | 2.3% |
% Under 18 | 21.2% | -12.0% |
% Seniors | 16.6% | -7.8% |
% WFH | 7.6% | 145.2% |
% w/ College Degree | 24.1% | 31.0% |
As of the latest ACS Survey released in 2023, Fortuna, CA is a predominantly white area, with 68.2% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Fortuna, CA is hispanic, making up 19.2% of the population. Foreign-born residents account for 11.6% of the population in Fortuna, CA, and this percentage has increased by 36.5% 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 | 68.2% | -8.5% |
% Black | 0.7% | 40.0% |
% Hispanic | 19.2% | 6.7% |
% Asian | 2.7% | 800.0% |
% Foreign Born | 11.6% | 36.5% |
Mortgage and Risk — Fortuna, CA
According to HUD data as of 2023, there were 155 mortgage originations in Fortuna, CA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Fortuna, CA. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 155 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Fortuna, CA
Fortuna, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 213 |
Total Units Section 8 | 213 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 77.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,100 | $1,050 |
| 2 Bedroom | -$130 | $1,500 | $1,370 |
| 3 Bedroom | $370 | $1,550 | $1,920 |
| 4 Bedroom | N/A | N/A | $2,300 |
Affordability — Fortuna, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $419,000 |
| Median Household Income | $62,300 |