Applegate, CA—95703
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Applegate, CA
As of Oct '25, the median home price in Applegate, CA is $529,000, with a year-over-year change of -3.0%. This indicates that home prices in Applegate, CA are decreasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $529,000 | -3.0% |
| Single Family | $529,000 | -2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $408,000 | -2.4% |
3 Bed | $549,000 | -2.3% |
4 Bed | $681,000 | -0.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Applegate, CA
As of July '25, Rentcast reports the average rent in Applegate, CA is $1,600, with a year-over-year rent change of -15.8%. Per bedroom, the median rent as of July '25 in Applegate, CA is studios: $1,600. The most common rental property sizes in Applegate, CA are 1-bedroom and 2-bedroom, accounting for 54.4% and 19.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,600 |
| Studio Rent | $1,600 | $1,600 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Applegate, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Applegate, CA is 59. This is a increase of 19.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $540,000 | -31.0% |
Listing Count | 4 | -13.0% |
| Listings as % of Homes | 1.0% | -13.0% |
Days on Market | 59 | 19.0% |
Demographics — Applegate, CA
As of the latest ACS Survey released in 2023, Applegate, CA has a population of 2,100, which has increased by 123.8% over the past 5 years. Applegate, CA is a moderately popular place for families, as children make up 16.4% of the population. The area has a moderately educated workforce, with 28.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,100 | 123.8% |
% Under 18 | 16.4% | 331.6% |
% Seniors | 23.7% | -43.7% |
% WFH | 10.5% | 176.3% |
% w/ College Degree | 28.7% | -1.7% |
As of the latest ACS Survey released in 2023, Applegate, CA is a predominantly white area, with 72.6% of the population identifying as white. The white population has shrunk by 14.8% in the last 5 years. The second most common race or ethnicity in Applegate, CA is hispanic, making up 9.9% of the population. Foreign-born residents account for 8.0% of the population in Applegate, CA, and this percentage has increased by 37.9% 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 | 72.6% | -14.8% |
% Black | 5.3% | 39.5% |
% Hispanic | 9.9% | 200.0% |
% Asian | 0.6% | -89.7% |
% Foreign Born | 8.0% | 37.9% |
Mortgage and Risk — Applegate, CA
According to HUD data as of 2023, there were 45 mortgage originations in Applegate, CA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Applegate, CA. Investor activity is low, as 0.0% 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 | 45 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Applegate, CA
Applegate, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,650 |
| 2 Bedroom | N/A | N/A | $2,060 |
| 3 Bedroom | N/A | N/A | $2,860 |
| 4 Bedroom | N/A | N/A | $3,290 |
Affordability — Applegate, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $529,000 |
| Median Household Income | $98,700 |