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Grand Terrace, CA—92313

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$591,000
0.6% YoY Growth
Household Income
$83,700
24.8% YoY Growth
Days on Market
42
5.0% Shorter YoY
Home Price Forecast
0.2%
Median Rent
$2,500
7.0% YoY Growth
1-Bed Rent
$1,720
40.0% YoY Growth
2-Bed Rent
$2,100
7.0% YoY Growth
3-Bed Rent
$2,800
2.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Grand Terrace, CA

As of May '26, the median home price in Grand Terrace, CA is $591,000, with a year-over-year change of -0.6%. This indicates that home prices in Grand Terrace, CA are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$591,000-0.6%
Single Family $598,0000.2%
Condos $408,000-0.2%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$395,000-2.2%
    3 Bed
    		$577,0000.0%
    4 Bed
    		$618,0000.0%
    5 Bed $686,102-0.2%
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    % of Housing Stock

    Studio
    3.6%
    1 Bedroom
    9.2%
    2 Bedrooms
    29.0%
    3 Bedrooms
    35.3%
    4 Bedrooms
    21.2%
    5+ Bedrooms
    1.8%

    Rental Trends — Grand Terrace, CA

    As of July '25, Rentcast reports the average rent in Grand Terrace, CA is $2,520, with a year-over-year rent change of -7.0%. Per bedroom, the median rent as of July '25 in Grand Terrace, CA is 1-bedrooms: $1,680, 2-bedrooms: $2,300, 3-bedrooms: $2,770, 4-bedrooms: $3,420. The most common rental property sizes in Grand Terrace, CA are 2-bedroom and 1-bedroom, accounting for 43.8% and 22.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,500$2,520
    Studio Rent N/AN/A
    1 Bed Rent $1,720$1,680
    2 Bed Rent $2,100$2,300
    3 Bed Rent $2,800$2,770
    4 Bed Rent $3,400$3,420
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    % of Rental Stock

    Studio
    9.9%
    1 Bedroom
    22.7%
    2 Bedrooms
    43.8%
    3 Bedrooms
    13.0%
    4 Bedrooms
    10.1%
    5+ Bedrooms
    0.5%

    Property Listings — Grand Terrace, CA

    As of May '26, Realtor.com reports that the median days on market for a home in Grand Terrace, CA is 42. This is a decrease of -5.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$589,000-6.0%
    Listing Count
    		24-4.0%
    Listings as % of Homes0.3%-4.0%
    Days on Market
    		42-5.0%
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    Demographics — Grand Terrace, CA

    As of the latest ACS Survey released in 2023, Grand Terrace, CA has a population of 13,100, which has increased by 4.5% over the past 5 years. Grand Terrace, CA is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 28.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		13,1004.5%
    % Under 18
    		22.5%14.8%
    % Seniors
    		17.4%13.0%
    % WFH
    		8.9%107.0%
    % w/ College Degree
    		28.5%7.5%
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    As of the latest ACS Survey released in 2023, Grand Terrace, CA is a predominantly hispanic area, with 53.4% of the population identifying as hispanic. The hispanic population has grown by 6.4% in the last 5 years. The second most common race or ethnicity in Grand Terrace, CA is white, making up 32.9% of the population. Foreign-born residents account for 14.1% of the population in Grand Terrace, CA, and this percentage has increased by 2.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		32.9%-9.4%
    % Black
    		5.0%13.6%
    % Hispanic
    		53.4%6.4%
    % Asian
    		4.4%-25.4%
    % Foreign Born
    		14.1%2.9%
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    Mortgage and Risk — Grand Terrace, CA

    According to HUD data as of 2023, there were 149 mortgage originations in Grand Terrace, CA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Grand Terrace, CA. Investor activity is low, as 2.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		149
    % Conventional Loans
    		76.0%
    % Government Loans
    		24.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		21.0%
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    Rentals and Section 8 — Grand Terrace, CA

    As of 2024, the percent of homes in Grand Terrace, CA under the Section 8 program is 2.8%. 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 Grand Terrace, 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
    		58
    Total Units Section 8
    		58
    % Rentals under Section 8
    		2.8%
    % Occupied Section 8
    		88.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$140$1,720$1,860
    2 Bedroom$210$2,100$2,310
    3 Bedroom$280$2,800$3,080
    4 Bedroom$350$3,400$3,750

    Affordability — Grand Terrace, CA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.8
    Median Home Price$591,000
    Median Household Income$83,700

    Grand Terrace, CA — ZIP Code Boundary Map

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    Frequently Asked Questions