Grass Valley, CA—95945
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Grass Valley, CA
Home Price Trends — Grass Valley, CA
As of Oct '25, the median home price in Grass Valley, CA is $474,000, with a year-over-year change of -2.1%. This indicates that home prices in Grass Valley, CA are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $474,000 | -2.1% |
| Single Family | $477,000 | -2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $322,000 | -2.1% |
2 Bed | $403,000 | -1.7% |
3 Bed | $520,000 | -2.1% |
4 Bed | $627,000 | -1.1% |
| 5 Bed | $708,000 | -1.1% |
% of Housing Stock
Rental Trends — Grass Valley, CA
As of July '25, Rentcast reports the average rent in Grass Valley, CA is $1,890, with a year-over-year rent change of -8.3%. Per bedroom, the median rent as of July '25 in Grass Valley, CA is studios: $1,180, 1-bedrooms: $1,500, 2-bedrooms: $2,000, 3-bedrooms: $2,440, 4-bedrooms: $2,900. The most common rental property sizes in Grass Valley, CA are 2-bedroom and 1-bedroom, accounting for 46.9% and 27.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,890 |
| Studio Rent | $1,150 | $1,180 |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $1,950 | $2,000 |
| 3 Bed Rent | $2,400 | $2,440 |
| 4 Bed Rent | $2,900 | $2,900 |
% of Rental Stock
Property Listings — Grass Valley, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Grass Valley, CA is 80. This is a increase of 23.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $605,000 | 12.0% |
Listing Count | 117 | 1.0% |
| Listings as % of Homes | 0.5% | 1.0% |
Days on Market | 80 | 23.0% |
Demographics — Grass Valley, CA
As of the latest ACS Survey released in 2023, Grass Valley, CA has a population of 27,700, which has increased by 8.4% over the past 5 years. Grass Valley, CA is a moderately popular place for families, as children make up 18.7% of the population. The area has a moderately educated workforce, with 32.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,700 | 8.4% |
% Under 18 | 18.7% | 7.5% |
% Seniors | 30.0% | 8.3% |
% WFH | 14.7% | 72.9% |
% w/ College Degree | 32.4% | 10.6% |
As of the latest ACS Survey released in 2023, Grass Valley, CA is a predominantly white area, with 80.9% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Grass Valley, CA is hispanic, making up 10.9% of the population. Foreign-born residents account for 7.4% of the population in Grass Valley, CA, and this percentage has increased by 54.2% 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 | 80.9% | -4.4% |
% Black | 0.3% | -25.0% |
% Hispanic | 10.9% | 21.1% |
% Asian | 1.0% | 0.0% |
% Foreign Born | 7.4% | 54.2% |
Mortgage and Risk — Grass Valley, CA
According to HUD data as of 2023, there were 372 mortgage originations in Grass Valley, CA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Grass Valley, CA. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 372 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Grass Valley, CA
Grass Valley, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 391 |
Total Units Section 8 | 391 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$330 | $1,500 | $1,170 |
| 2 Bedroom | -$410 | $1,950 | $1,540 |
| 3 Bedroom | -$240 | $2,400 | $2,160 |
| 4 Bedroom | -$310 | $2,900 | $2,590 |
Affordability — Grass Valley, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.8 |
| Median Home Price | $474,000 |
| Median Household Income | $61,100 |