Twentynine Palms, CA—92277
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Twentynine Palms, CA
As of Oct '25, the median home price in Twentynine Palms, CA is $246,000, with a year-over-year change of -4.4%. This indicates that home prices in Twentynine Palms, CA are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $246,000 | -4.4% |
| Single Family | $246,000 | -4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $145,000 | -8.8% |
2 Bed | $218,000 | -6.4% |
3 Bed | $291,000 | -3.6% |
4 Bed | $346,000 | -2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Twentynine Palms, CA
As of July '25, Rentcast reports the average rent in Twentynine Palms, CA is $1,610, with a year-over-year rent change of 3.2%. Per bedroom, the median rent as of July '25 in Twentynine Palms, CA is studios: $899, 1-bedrooms: $1,330, 2-bedrooms: $1,390, 3-bedrooms: $1,860, 4-bedrooms: $2,320. The most common rental property sizes in Twentynine Palms, CA are 2-bedroom and 3-bedroom, accounting for 45.3% and 37.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,610 |
| Studio Rent | $700 | $899 |
| 1 Bed Rent | $1,200 | $1,330 |
| 2 Bed Rent | $1,350 | $1,390 |
| 3 Bed Rent | $1,750 | $1,860 |
| 4 Bed Rent | $2,200 | $2,320 |
% of Rental Stock
Property Listings — Twentynine Palms, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Twentynine Palms, CA is 91. This is a increase of 39.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | -1.0% |
Listing Count | 215 | -4.0% |
| Listings as % of Homes | 1.4% | -4.0% |
Days on Market | 91 | 39.0% |
Demographics — Twentynine Palms, CA
As of the latest ACS Survey released in 2023, Twentynine Palms, CA has a population of 27,700, which has increased by 18.0% over the past 5 years. Twentynine Palms, CA is a popular place for families, as children make up 29.1% of the population. The area has a moderately educated workforce, with 25.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,700 | 18.0% |
% Under 18 | 29.1% | 3.2% |
% Seniors | 9.6% | 9.1% |
% WFH | 9.8% | 172.2% |
% w/ College Degree | 25.0% | 19.6% |
As of the latest ACS Survey released in 2023, Twentynine Palms, CA is a predominantly white area, with 48.9% of the population identifying as white. The white population has shrunk by 12.5% in the last 5 years. The second most common race or ethnicity in Twentynine Palms, CA is hispanic, making up 23.5% of the population. Foreign-born residents account for 9.2% of the population in Twentynine Palms, CA, and this percentage has increased by 46.0% 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 | 48.9% | -12.5% |
% Black | 9.1% | -22.9% |
% Hispanic | 23.5% | 10.8% |
% Asian | 4.2% | 20.0% |
% Foreign Born | 9.2% | 46.0% |
Mortgage and Risk — Twentynine Palms, CA
According to HUD data as of 2023, there were 130 mortgage originations in Twentynine Palms, CA, of which 42.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Twentynine Palms, CA. Investor activity is low, as 4.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 130 |
% Conventional Loans | 42.0% |
% Government Loans | 58.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Twentynine Palms, CA
As of 2024, the percent of homes in Twentynine Palms, CA under the Section 8 program is 2.4%. 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 Twentynine Palms, 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 | 153 |
Total Units Section 8 | 153 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | 91.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $250 | $1,200 | $1,450 |
| 2 Bedroom | $460 | $1,350 | $1,810 |
| 3 Bedroom | $690 | $1,750 | $2,440 |
| 4 Bedroom | $780 | $2,200 | $2,980 |
Affordability — Twentynine Palms, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $246,000 |
| Median Household Income | $55,500 |