El Centro, CA 92243 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

El Centro, CA—92243

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$371,000

7.2% YoY Growth

Household Income

$55,900

19.8% YoY Growth

Days on Market

7.0% Longer YoY

Home Price Forecast

2.1%

Median Rent

$1,500

10.8% YoY Growth

1-Bed Rent

$950

1.5% YoY Growth

2-Bed Rent

$1,500

1.4% YoY Growth

3-Bed Rent

$1,950

12.0% YoY Growth

Home Price Trends — El Centro, CA

As of Nov '25, the median home price in El Centro, CA is $371,000, with a year-over-year change of 7.2%. This indicates that home prices in El Centro, CA are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$371,000	7.2%
Single Family	$375,000	7.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — El Centro, CA

As of July '25, Rentcast reports the average rent in El Centro, CA is $1,730, with a year-over-year rent change of -10.8%. Per bedroom, the median rent as of July '25 in El Centro, CA is studios: $2,790, 1-bedrooms: $985, 2-bedrooms: $1,490, 3-bedrooms: $2,120, 4-bedrooms: $2,480. The most common rental property sizes in El Centro, CA are 2-bedroom and 3-bedroom, accounting for 34.9% and 25.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,730
Studio Rent	$925	$2,790
1 Bed Rent	$950	$985
2 Bed Rent	$1,500	$1,490
3 Bed Rent	$1,950	$2,120
4 Bed Rent	$2,450	$2,480

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% of Rental Stock

Studio

7.8%

1 Bedroom

24.6%

2 Bedrooms

34.9%

3 Bedrooms

25.3%

4 Bedrooms

6.0%

5+ Bedrooms

1.4%

Property Listings — El Centro, CA

As of Nov '25, Realtor.com reports that the median days on market for a home in El Centro, CA is 41. This is a increase of 7.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$432,000	9.0%
Listing Count	77	24.0%
Listings as % of Homes	0.3%	24.0%
Days on Market	41	7.0%

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Demographics — El Centro, CA

As of the latest ACS Survey released in 2023, El Centro, CA has a population of 48,600, which has decreased by -3.8% over the past 5 years. El Centro, CA is a popular place for families, as children make up 29.6% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	48,600	-3.8%
% Under 18	29.6%	2.4%
% Seniors	13.2%	1.5%
% WFH	4.7%	4.4%
% w/ College Degree	16.2%	-6.4%

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As of the latest ACS Survey released in 2023, El Centro, CA is a predominantly hispanic area, with 84.9% of the population identifying as hispanic. The hispanic population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in El Centro, CA is white, making up 9.4% of the population. Foreign-born residents account for 29.1% of the population in El Centro, CA, and this percentage has decreased by 6.1% 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	9.4%	-12.1%
% Black	4.0%	90.5%
% Hispanic	84.9%	0.5%
% Asian	1.1%	-52.2%
% Foreign Born	29.1%	-6.1%

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Mortgage and Risk — El Centro, CA

According to HUD data as of 2023, there were 277 mortgage originations in El Centro, CA, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in El Centro, CA. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	277
% Conventional Loans	62.0%
% Government Loans	38.0%
% Investor Loans	3.0%
% Second Loans	2.0%
% Cash Out Refinance	18.0%

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Rentals and Section 8 — El Centro, CA

As of 2024, the percent of homes in El Centro, CA under the Section 8 program is 17.3%. This is considered high, suggesting that the neighborhood is heavily 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 El Centro, 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	1,314
Total Units Section 8	1,146
% Rentals under Section 8	17.3%
% Occupied Section 8	81.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$70	$950	$1,020
2 Bedroom	-$170	$1,500	$1,330
3 Bedroom	-$130	$1,950	$1,820
4 Bedroom	-$230	$2,450	$2,220

El Centro, CA—92243

Key Metrics at a Glance

Home Price Trends — El Centro, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — El Centro, CA

% of Rental Stock

Property Listings — El Centro, CA

Demographics — El Centro, CA

Race and Ethnicity

Mortgage and Risk — El Centro, CA

Mortgages

Rentals and Section 8 — El Centro, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — El Centro, CA

Home Price to Income Ratio

El Centro, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Calexico, CA

Seeley

Heber, CA

Imperial, CA

Westmorland

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.6
Median Home Price	$371,000
Median Household Income	$55,900

El Centro, CA—92243

Key Metrics at a Glance

Home Price Trends — El Centro, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — El Centro, CA

% of Rental Stock

Property Listings — El Centro, CA

Demographics — El Centro, CA

Race and Ethnicity

Mortgage and Risk — El Centro, CA

Mortgages

Rentals and Section 8 — El Centro, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — El Centro, CA

Home Price to Income Ratio

El Centro, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Calexico, CA

Seeley

Heber, CA

Imperial, CA

Westmorland

Frequently Asked Questions

What is the average home price in El Centro, CA 92243?

How have home prices in El Centro, CA 92243 changed over the past year?

What is the home price projection for El Centro, CA 92243?

What are the demographics of El Centro, CA 92243?

How long does it take homes to sell in El Centro, CA 92243?

What is the average rent price in El Centro, CA 92243?