Running Springs—92382
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Running Springs
As of Oct '25, the median home price in Running Springs is $354,000, with a year-over-year change of -4.5%. This indicates that home prices in Running Springs 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 | $354,000 | -4.5% |
| Single Family | $354,000 | -5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $248,000 | -5.0% |
2 Bed | $314,000 | -6.3% |
3 Bed | $402,000 | -5.6% |
4 Bed | $468,000 | -5.3% |
| 5 Bed | $618,000 | -5.2% |
% of Housing Stock
Rental Trends — Running Springs
As of July '25, Rentcast reports the average rent in Running Springs is $2,220, with a year-over-year rent change of -2.6%. Per bedroom, the median rent as of July '25 in Running Springs is 1-bedrooms: $1,500, 2-bedrooms: $1,940, 3-bedrooms: $2,390. The most common rental property sizes in Running Springs are 2-bedroom and 3-bedroom, accounting for 59.9% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $1,950 | $1,940 |
| 3 Bed Rent | $2,500 | $2,390 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Running Springs
As of Oct '25, Realtor.com reports that the median days on market for a home in Running Springs is 100. This is a increase of 21.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $375,000 | -3.0% |
Listing Count | 143 | 22.0% |
| Listings as % of Homes | 1.7% | 22.0% |
Days on Market | 100 | 21.0% |
Demographics — Running Springs
As of the latest ACS Survey released in 2023, Running Springs has a population of 5,300, which has increased by 12.6% over the past 5 years. Running Springs is a popular place for families, as children make up 25.5% of the population. The area has a moderately educated workforce, with 35.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,300 | 12.6% |
% Under 18 | 25.5% | 0.8% |
% Seniors | 19.3% | -3.0% |
% WFH | 15.0% | 206.1% |
% w/ College Degree | 35.6% | 49.0% |
As of the latest ACS Survey released in 2023, Running Springs is a predominantly white area, with 69.9% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Running Springs is hispanic, making up 20.8% of the population. Foreign-born residents account for 4.7% of the population in Running Springs, and this percentage has increased by 6.8% 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 | 69.9% | -8.4% |
% Black | 0.2% | -92.9% |
% Hispanic | 20.8% | 76.3% |
% Asian | 2.6% | 85.7% |
% Foreign Born | 4.7% | 6.8% |
Mortgage and Risk — Running Springs
According to HUD data as of 2023, there were 284 mortgage originations in Running Springs, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Running Springs. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 284 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 3.0% |
% Second Loans | 18.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Running Springs
Running Springs lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $250 | $1,500 | $1,750 |
| 2 Bedroom | $230 | $1,950 | $2,180 |
| 3 Bedroom | $410 | $2,500 | $2,910 |
| 4 Bedroom | N/A | N/A | $3,540 |
Affordability — Running Springs
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $354,000 |
| Median Household Income | $85,200 |