Florence, Florence-Graham, CA—90001
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Florence, Florence-Graham, CA
As of Oct '25, the median home price in Florence, Florence-Graham, CA is $580,000, with a year-over-year change of -1.7%. This indicates that home prices in Florence, Florence-Graham, CA are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $580,000 | -1.7% |
| Single Family | $581,000 | -2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $456,000 | 3.4% |
2 Bed | $534,000 | -1.5% |
3 Bed | $603,000 | -2.9% |
4 Bed | $656,000 | -1.6% |
| 5 Bed | $753,000 | -6.1% |
% of Housing Stock
Rental Trends — Florence, Florence-Graham, CA
As of July '25, Rentcast reports the average rent in Florence, Florence-Graham, CA is $2,480, with a year-over-year rent change of -6.4%. Per bedroom, the median rent as of July '25 in Florence, Florence-Graham, CA is studios: $1,340, 1-bedrooms: $1,800, 2-bedrooms: $2,490, 3-bedrooms: $2,980, 4-bedrooms: $3,210. The most common rental property sizes in Florence, Florence-Graham, CA are 2-bedroom and 1-bedroom, accounting for 37.5% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,050 | $2,480 |
| Studio Rent | $1,270 | $1,340 |
| 1 Bed Rent | $1,750 | $1,800 |
| 2 Bed Rent | $2,600 | $2,490 |
| 3 Bed Rent | $3,200 | $2,980 |
| 4 Bed Rent | $3,600 | $3,210 |
% of Rental Stock
Property Listings — Florence, Florence-Graham, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Florence, Florence-Graham, CA is 65. This is a decrease of -30.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $581,000 | -4.0% |
Listing Count | 24 | -10.0% |
| Listings as % of Homes | 0.2% | -10.0% |
Days on Market | 65 | -30.0% |
Demographics — Florence, Florence-Graham, CA
As of the latest ACS Survey released in 2023, Florence, Florence-Graham, CA has a population of 56,400, which has decreased by -4.4% over the past 5 years. Florence, Florence-Graham, CA is a popular place for families, as children make up 28.5% of the population. The area has a poorly educated workforce, with 7.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 56,400 | -4.4% |
% Under 18 | 28.5% | -9.2% |
% Seniors | 8.7% | 26.1% |
% WFH | 4.4% | 69.2% |
% w/ College Degree | 7.0% | 42.9% |
As of the latest ACS Survey released in 2023, Florence, Florence-Graham, CA is a predominantly hispanic area, with 91.2% of the population identifying as hispanic. The hispanic population has grown by 1.3% in the last 5 years. The second most common race or ethnicity in Florence, Florence-Graham, CA is black, making up 7.4% of the population. Foreign-born residents account for 40.5% of the population in Florence, Florence-Graham, CA, and this percentage has decreased by 0.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 0.8% | 14.3% |
% Black | 7.4% | -16.9% |
% Hispanic | 91.2% | 1.3% |
% Asian | 0.5% | 150.0% |
% Foreign Born | 40.5% | -0.7% |
Mortgage and Risk — Florence, Florence-Graham, CA
According to HUD data as of 2023, there were 182 mortgage originations in Florence, Florence-Graham, CA, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Florence, Florence-Graham, CA. Investor activity is low, as 12.0% of loans were by investors. 27.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 182 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 12.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 27.0% |
Loan Activity
Rentals and Section 8 — Florence, Florence-Graham, CA
As of 2024, the percent of homes in Florence, Florence-Graham, CA under the Section 8 program is 9.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Florence, Florence-Graham, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 823 |
Total Units Section 8 | 810 |
% Rentals under Section 8 | 9.3% |
% Occupied Section 8 | 85.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,750 | $1,810 |
| 2 Bedroom | -$310 | $2,600 | $2,290 |
| 3 Bedroom | -$260 | $3,200 | $2,940 |
| 4 Bedroom | -$360 | $3,600 | $3,240 |
Affordability — Florence, Florence-Graham, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.2 |
| Median Home Price | $580,000 |
| Median Household Income | $60,800 |