Magalia, CA—95954
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Magalia, CA
As of Oct '25, the median home price in Magalia, CA is $269,000, with a year-over-year change of -2.8%. This indicates that home prices in Magalia, CA are decreasing. According to Zillow, the 1-year price projection is -2.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $269,000 | -2.8% |
| Single Family | $269,000 | -2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $216,000 | -3.6% |
3 Bed | $298,000 | -2.0% |
4 Bed | $378,000 | -3.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Magalia, CA
As of July '25, Rentcast reports the average rent in Magalia, CA is $1,760, with a year-over-year rent change of 10.0%. Per bedroom, the median rent as of July '25 in Magalia, CA is 1-bedrooms: $800, 2-bedrooms: $1,720, 3-bedrooms: $2,150. The most common rental property sizes in Magalia, CA are 2-bedroom and 3-bedroom, accounting for 39.1% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,760 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $800 |
| 2 Bed Rent | $1,720 | $1,720 |
| 3 Bed Rent | $2,150 | $2,150 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Magalia, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Magalia, CA is 76. This is a increase of 12.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $304,000 | -6.0% |
Listing Count | 75 | 22.0% |
| Listings as % of Homes | 0.7% | 22.0% |
Days on Market | 76 | 12.0% |
Demographics — Magalia, CA
As of the latest ACS Survey released in 2023, Magalia, CA has a population of 8,490, which has decreased by -37.1% over the past 5 years. Magalia, CA is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 21.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,490 | -37.1% |
% Under 18 | 20.7% | 28.6% |
% Seniors | 21.7% | -10.3% |
% WFH | 16.6% | 268.9% |
% w/ College Degree | 21.2% | 24.7% |
As of the latest ACS Survey released in 2023, Magalia, CA is a predominantly white area, with 78.3% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Magalia, CA is hispanic, making up 10.0% of the population. Foreign-born residents account for 3.7% of the population in Magalia, CA, and this percentage has increased by 76.2% 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 | 78.3% | -5.1% |
% Black | 0.1% | ∞% |
% Hispanic | 10.0% | 4.2% |
% Asian | 2.0% | 185.7% |
% Foreign Born | 3.7% | 76.2% |
Mortgage and Risk — Magalia, CA
According to HUD data as of 2023, there were 151 mortgage originations in Magalia, CA, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Magalia, CA. Investor activity is low, as 1.0% 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 | 151 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Magalia, CA
Magalia, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 18 |
Total Units Section 8 | 18 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $240 | $800 | $1,040 |
| 2 Bedroom | -$370 | $1,720 | $1,350 |
| 3 Bedroom | -$260 | $2,150 | $1,890 |
| 4 Bedroom | N/A | N/A | $2,270 |
Affordability — Magalia, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $269,000 |
| Median Household Income | $61,800 |