Walnut, CA 91789 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Walnut, CA—91789

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$1,104,000

0.2% YoY Growth

Household Income

$126,000

26.5% YoY Growth

Days on Market

0.0% Longer YoY

Home Price Forecast

0.9%

Median Rent

$4,000

4.1% YoY Growth

1-Bed Rent

$1,100

44.4% YoY Growth

2-Bed Rent

$3,000

13.2% YoY Growth

3-Bed Rent

$3,750

0.8% YoY Growth

Home Price Trends — Walnut, CA

As of Nov '25, the median home price in Walnut, CA is $1,104,000, with a year-over-year change of 0.2%. This indicates that home prices in Walnut, CA are flat. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$1,104,000	0.2%
Single Family	$1,121,000	0.0%
Condos	$582,000	-1.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Walnut, CA

As of July '25, Rentcast reports the average rent in Walnut, CA is $4,090, with a year-over-year rent change of 4.1%. Per bedroom, the median rent as of July '25 in Walnut, CA is 1-bedrooms: $1,300, 2-bedrooms: $3,000, 3-bedrooms: $3,730, 4-bedrooms: $4,570. The most common rental property sizes in Walnut, CA are 4-bedroom and 3-bedroom, accounting for 37.5% and 37.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$4,000	$4,090
Studio Rent	N/A	N/A
1 Bed Rent	$1,100	$1,300
2 Bed Rent	$3,000	$3,000
3 Bed Rent	$3,750	$3,730
4 Bed Rent	$4,400	$4,570

Loading chart...

% of Rental Stock

Studio

0.3%

1 Bedroom

1.7%

2 Bedrooms

17.6%

3 Bedrooms

37.4%

4 Bedrooms

37.5%

5+ Bedrooms

5.6%

Property Listings — Walnut, CA

As of Nov '25, Realtor.com reports that the median days on market for a home in Walnut, CA is 65. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,690,000	2.0%
Listing Count	82	11.0%
Listings as % of Homes	0.4%	11.0%
Days on Market	65	0.0%

Loading chart...

Demographics — Walnut, CA

As of the latest ACS Survey released in 2023, Walnut, CA has a population of 40,900, which has decreased by -8.0% over the past 5 years. Walnut, CA is a moderately popular place for families, as children make up 19.6% of the population. The area has a highly educated workforce, with 53.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	40,900	-8.0%
% Under 18	19.6%	3.7%
% Seniors	22.0%	22.2%
% WFH	18.6%	200.0%
% w/ College Degree	53.2%	6.0%

Loading chart...

As of the latest ACS Survey released in 2023, Walnut, CA is a predominantly asian area, with 67.6% of the population identifying as asian. The asian population has grown by 13.4% in the last 5 years. The second most common race or ethnicity in Walnut, CA is hispanic, making up 18.4% of the population. Foreign-born residents account for 50.8% of the population in Walnut, CA, and this percentage has increased by 7.9% 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	9.4%	-26.6%
% Black	2.1%	-27.6%
% Hispanic	18.4%	-18.6%
% Asian	67.6%	13.4%
% Foreign Born	50.8%	7.9%

Loading chart...

Mortgage and Risk — Walnut, CA

According to HUD data as of 2023, there were 284 mortgage originations in Walnut, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Walnut, CA. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	284
% Conventional Loans	98.0%
% Government Loans	2.0%
% Investor Loans	2.0%
% Second Loans	2.0%
% Cash Out Refinance	17.0%

Loading chart...

Rentals and Section 8 — Walnut, CA

As of 2024, the percent of homes in Walnut, CA under the Section 8 program is 1.4%. 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. In Walnut, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	32
Total Units Section 8	32
% Rentals under Section 8	1.4%
% Occupied Section 8	88.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$2,020	$1,100	$3,120
2 Bedroom	$940	$3,000	$3,940
3 Bedroom	$1,260	$3,750	$5,010
4 Bedroom	$1,150	$4,400	$5,550

Walnut, CA—91789

Key Metrics at a Glance

Home Price Trends — Walnut, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Walnut, CA

% of Rental Stock

Property Listings — Walnut, CA

Demographics — Walnut, CA

Race and Ethnicity

Mortgage and Risk — Walnut, CA

Mortgages

Rentals and Section 8 — Walnut, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Walnut, CA

Home Price to Income Ratio

Walnut, CA — ZIP Code Boundary Map

Nearby ZIP Codes

West Covina, CA

Diamond Bar, CA

West Covina, CA

Rowland Heights, CA

Covina, CA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	7.8
Median Home Price	$1,104,000
Median Household Income	$126,000

Walnut, CA—91789

Key Metrics at a Glance

Home Price Trends — Walnut, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Walnut, CA

% of Rental Stock

Property Listings — Walnut, CA

Demographics — Walnut, CA

Race and Ethnicity

Mortgage and Risk — Walnut, CA

Mortgages

Rentals and Section 8 — Walnut, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Walnut, CA

Home Price to Income Ratio

Walnut, CA — ZIP Code Boundary Map

Nearby ZIP Codes

West Covina, CA

Diamond Bar, CA

West Covina, CA

Rowland Heights, CA

Covina, CA

Frequently Asked Questions

What is the average home price in Walnut, CA 91789?

How have home prices in Walnut, CA 91789 changed over the past year?

What is the home price projection for Walnut, CA 91789?

What are the demographics of Walnut, CA 91789?

How long does it take homes to sell in Walnut, CA 91789?

What is the average rent price in Walnut, CA 91789?