Palomar Mountain92060

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$454,000
7.6% YoY Growth
Median Household Income
$151,000
N/A
Days on Market
96
42.0% Shorter than last year
Home Price Forecast
-0.6%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Palomar Mountain

As of Aug '25 and according to Realtor.com, the median days on market for a home in Palomar Mountain is 96. This is an decrease of -42.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$418,000-42.0%
Listing Count
11N/A
Listings as % of Homes3.2%N/A
Days on Market
96-42.0%
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Demographics — Palomar Mountain

MetricLatest CensusYoY % Change
Population
591542.4%
% Under 18
4.7%∞%
% Under 5N/AN/A
% Seniors
45.3%-18.2%
% WFH
7.1%∞%
% w/ College Degree
14.9%11.2%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
81.4%-8.6%
% Black
0.0%N/A
% Hispanic
6.6%-39.4%
% Asian
0.0%N/A
% Foreign Born
7.6%-30.3%
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Mortgage and Risk — Palomar Mountain

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Palomar Mountain in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Palomar Mountain. Investor activity in Palomar Mountain is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Palomar Mountain

As of 2024, the percent of homes in Palomar Mountain under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,910
2 BedroomN/AN/A$2,360
3 BedroomN/AN/A$3,150
4 BedroomN/AN/A$3,840

Affordability — Palomar Mountain

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.5N/AN/A
Median Home Price$454,000N/AN/A
Median Household Income$151,000N/AN/A

Palomar Mountain — ZIP Code Boundary Map

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