Fall River Mills, CA 96028 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Fall River Mills, CA—96028

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$287,000

0.2% YoY Growth

Household Income

$61,900

47.6% YoY Growth

Days on Market

169

13.0% Longer YoY

Home Price Forecast

-0.8%

Median Rent

$2,250

7.1% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,250

7.1% YoY Growth

Home Price Trends — Fall River Mills, CA

As of Dec '25, the median home price in Fall River Mills, CA is $287,000, with a year-over-year change of 0.2%. This indicates that home prices in Fall River Mills, CA are flat. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$287,000	0.2%
Single Family	$289,000	0.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Fall River Mills, CA

As of July '25, Rentcast reports the average rent in Fall River Mills, CA is $2,250, with a year-over-year rent change of 7.1%. Per bedroom, the median rent as of July '25 in Fall River Mills, CA is 3-bedrooms: $2,250. The most common rental property sizes in Fall River Mills, CA are 2-bedroom and 3-bedroom, accounting for 54.7% and 33.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,250	$2,250
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,250	$2,250
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

12.2%

2 Bedrooms

54.7%

3 Bedrooms

33.1%

Property Listings — Fall River Mills, CA

As of Dec '25, Realtor.com reports that the median days on market for a home in Fall River Mills, CA is 137. This is a increase of 28.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$419,000	-16.0%
Listing Count	25	185.0%
Listings as % of Homes	0.6%	185.0%
Days on Market	169	13.0%

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Demographics — Fall River Mills, CA

As of the latest ACS Survey released in 2023, Fall River Mills, CA has a population of 1,670, which has increased by 22.7% over the past 5 years. Fall River Mills, CA is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,670	22.7%
% Under 18	21.1%	9.9%
% Seniors	29.2%	-6.1%
% WFH	14.6%	274.4%
% w/ College Degree	18.5%	77.9%

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As of the latest ACS Survey released in 2023, Fall River Mills, CA is a predominantly white area, with 67.6% of the population identifying as white. The white population has shrunk by 14.1% in the last 5 years. The second most common race or ethnicity in Fall River Mills, CA is hispanic, making up 21.9% of the population. Foreign-born residents account for 1.3% of the population in Fall River Mills, CA, and this percentage has increased by 85.7% 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	67.6%	-14.1%
% Black	0.5%	∞%
% Hispanic	21.9%	88.8%
% Asian	0.0%	-100.0%
% Foreign Born	1.3%	85.7%

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Mortgage and Risk — Fall River Mills, CA

According to HUD data as of 2023, there were 29 mortgage originations in Fall River Mills, CA, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Fall River Mills, CA. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	29
% Conventional Loans	69.0%
% Government Loans	31.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Fall River Mills, CA

Fall River Mills, 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	0.6%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,230
2 Bedroom	N/A	N/A	$1,610
3 Bedroom	$10	$2,250	$2,260
4 Bedroom	N/A	N/A	$2,700

Fall River Mills, CA—96028

Key Metrics at a Glance

Home Price Trends — Fall River Mills, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fall River Mills, CA

% of Rental Stock

Property Listings — Fall River Mills, CA

Demographics — Fall River Mills, CA

Race and Ethnicity

Mortgage and Risk — Fall River Mills, CA

Mortgages

Rentals and Section 8 — Fall River Mills, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Fall River Mills, CA

Home Price to Income Ratio

Fall River Mills, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Hat Creek, CA

McArthur, CA

Burney, CA

Nubieber

Pumpkin Center

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.5
Median Home Price	$287,000
Median Household Income	$61,900

Fall River Mills, CA—96028

Key Metrics at a Glance

Home Price Trends — Fall River Mills, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fall River Mills, CA

% of Rental Stock

Property Listings — Fall River Mills, CA

Demographics — Fall River Mills, CA

Race and Ethnicity

Mortgage and Risk — Fall River Mills, CA

Mortgages

Rentals and Section 8 — Fall River Mills, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Fall River Mills, CA

Home Price to Income Ratio

Fall River Mills, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Hat Creek, CA

McArthur, CA

Burney, CA

Nubieber

Pumpkin Center

Frequently Asked Questions

What is the average home price in Fall River Mills, CA 96028?

How have home prices in Fall River Mills, CA 96028 changed over the past year?

What is the home price projection for Fall River Mills, CA 96028?

What are the demographics of Fall River Mills, CA 96028?

How long does it take homes to sell in Fall River Mills, CA 96028?

What is the average rent price in Fall River Mills, CA 96028?