Homeland, CA 92548 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Homeland, CA—92548

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$560,000

0.1% YoY Growth

Household Income

$54,900

22.8% YoY Growth

Days on Market

8.0% Shorter YoY

Home Price Forecast

2.2%

Median Rent

$2,750

10.8% YoY Growth

1-Bed Rent

$1,700

25.9% YoY Growth

2-Bed Rent

$1,650

4.2% YoY Growth

3-Bed Rent

$2,800

9.9% YoY Growth

Home Price Trends — Homeland, CA

As of Nov '25, the median home price in Homeland, CA is $560,000, with a year-over-year change of -0.1%. This indicates that home prices in Homeland, CA are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$560,000	-0.1%
Single Family	$560,000	-0.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Homeland, CA

As of July '25, Rentcast reports the average rent in Homeland, CA is $2,670, with a year-over-year rent change of 10.8%. Per bedroom, the median rent as of July '25 in Homeland, CA is 1-bedrooms: $1,700, 2-bedrooms: $1,840, 3-bedrooms: $3,110, 4-bedrooms: $3,120. The most common rental property sizes in Homeland, CA are 2-bedroom and 3-bedroom, accounting for 47.5% and 29.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,750	$2,670
Studio Rent	N/A	N/A
1 Bed Rent	$1,700	$1,700
2 Bed Rent	$1,650	$1,840
3 Bed Rent	$2,800	$3,110
4 Bed Rent	$3,000	$3,120

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% of Rental Stock

Studio

11.6%

2 Bedrooms

47.5%

3 Bedrooms

29.8%

4 Bedrooms

11.2%

Property Listings — Homeland, CA

As of Nov '25, Realtor.com reports that the median days on market for a home in Homeland, CA is 57. This is a decrease of -8.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$573,000	0.0%
Listing Count	33	-8.0%
Listings as % of Homes	1.1%	-8.0%
Days on Market	57	-8.0%

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Demographics — Homeland, CA

As of the latest ACS Survey released in 2023, Homeland, CA has a population of 6,440, which has decreased by -22.2% over the past 5 years. Homeland, CA is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 9.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,440	-22.2%
% Under 18	25.5%	-16.1%
% Seniors	17.4%	14.5%
% WFH	16.3%	262.2%
% w/ College Degree	9.8%	21.0%

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As of the latest ACS Survey released in 2023, Homeland, CA is a predominantly hispanic area, with 65.1% of the population identifying as hispanic. The hispanic population has grown by 10.0% in the last 5 years. The second most common race or ethnicity in Homeland, CA is white, making up 29.8% of the population. Foreign-born residents account for 20.4% of the population in Homeland, CA, and this percentage has decreased by 25.8% 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	29.8%	-17.9%
% Black	0.7%	∞%
% Hispanic	65.1%	10.0%
% Asian	2.6%	550.0%
% Foreign Born	20.4%	-25.8%

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Mortgage and Risk — Homeland, CA

According to HUD data as of 2023, there were 272 mortgage originations in Homeland, CA, of which 46.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 61.0% above 90% LTV (very high). This implies large mortgage risk in Homeland, CA. Investor activity is low, as 0.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	272
% Conventional Loans	46.0%
% Government Loans	54.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	2.0%

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Rentals and Section 8 — Homeland, CA

As of 2024, the percent of homes in Homeland, CA under the Section 8 program is 2.2%. 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. 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Homeland, CA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	10
Total Units Section 8	10
% Rentals under Section 8	2.2%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$90	$1,700	$1,610
2 Bedroom	$350	$1,650	$2,000
3 Bedroom	-$130	$2,800	$2,670
4 Bedroom	$250	$3,000	$3,250

Homeland, CA—92548

Key Metrics at a Glance

Home Price Trends — Homeland, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Homeland, CA

% of Rental Stock

Property Listings — Homeland, CA

Demographics — Homeland, CA

Race and Ethnicity

Mortgage and Risk — Homeland, CA

Mortgages

Rentals and Section 8 — Homeland, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Homeland, CA

Home Price to Income Ratio

Homeland, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Nuevo, CA

Menifee, CA

Hemet, CA

San Jacinto, CA

Menifee, CA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	9.5
Median Home Price	$560,000
Median Household Income	$54,900

Homeland, CA—92548

Key Metrics at a Glance

Home Price Trends — Homeland, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Homeland, CA

% of Rental Stock

Property Listings — Homeland, CA

Demographics — Homeland, CA

Race and Ethnicity

Mortgage and Risk — Homeland, CA

Mortgages

Rentals and Section 8 — Homeland, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Homeland, CA

Home Price to Income Ratio

Homeland, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Nuevo, CA

Menifee, CA

Hemet, CA

San Jacinto, CA

Menifee, CA

Frequently Asked Questions

What is the average home price in Homeland, CA 92548?

How have home prices in Homeland, CA 92548 changed over the past year?

What is the home price projection for Homeland, CA 92548?

What are the demographics of Homeland, CA 92548?

How long does it take homes to sell in Homeland, CA 92548?

What is the average rent price in Homeland, CA 92548?