Placentia, CA—92870
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Placentia, CA
As of Oct '25, the median home price in Placentia, CA is $1,073,000, with a year-over-year change of 0.9%. This indicates that home prices in Placentia, CA are flat. 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 | $1,073,000 | 0.9% |
| Single Family | $1,109,000 | 0.2% |
| Condos | $655,000 | -0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $563,000 | 4.3% |
2 Bed | $625,000 | 1.0% |
3 Bed | $983,000 | 0.3% |
4 Bed | $1,163,000 | -0.2% |
| 5 Bed | $1,341,000 | 0.4% |
% of Housing Stock
Rental Trends — Placentia, CA
As of July '25, Rentcast reports the average rent in Placentia, CA is $3,400, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Placentia, CA is studios: $1,860, 1-bedrooms: $2,280, 2-bedrooms: $3,080, 3-bedrooms: $3,740, 4-bedrooms: $4,770. The most common rental property sizes in Placentia, CA are 2-bedroom and 1-bedroom, accounting for 52.4% and 19.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,100 | $3,400 |
| Studio Rent | $1,880 | $1,860 |
| 1 Bed Rent | $2,200 | $2,280 |
| 2 Bed Rent | $2,710 | $3,080 |
| 3 Bed Rent | $3,750 | $3,740 |
| 4 Bed Rent | $4,500 | $4,770 |
% of Rental Stock
Property Listings — Placentia, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Placentia, CA is 38. This is a increase of 4.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,030,000 | 6.0% |
Listing Count | 75 | 7.0% |
| Listings as % of Homes | 0.4% | 7.0% |
Days on Market | 38 | 4.0% |
Demographics — Placentia, CA
As of the latest ACS Survey released in 2023, Placentia, CA has a population of 52,400, which has decreased by -2.2% over the past 5 years. Placentia, CA is a moderately popular place for families, as children make up 23.9% of the population. The area has a moderately educated workforce, with 43.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 52,400 | -2.2% |
% Under 18 | 23.9% | 2.1% |
% Seniors | 14.5% | 0.0% |
% WFH | 13.9% | 178.0% |
% w/ College Degree | 43.7% | 12.9% |
As of the latest ACS Survey released in 2023, Placentia, CA is a predominantly white area, with 38.9% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Placentia, CA is hispanic, making up 35.9% of the population. Foreign-born residents account for 24.1% of the population in Placentia, CA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 38.9% | -1.0% |
% Black | 2.4% | 41.2% |
% Hispanic | 35.9% | -8.9% |
% Asian | 18.2% | 5.8% |
% Foreign Born | 24.1% | 0.0% |
Mortgage and Risk — Placentia, CA
According to HUD data as of 2023, there were 428 mortgage originations in Placentia, CA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Placentia, CA. Investor activity is low, as 3.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 428 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Placentia, CA
As of 2024, the percent of homes in Placentia, CA under the Section 8 program is 5.7%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Placentia, 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 | 380 |
Total Units Section 8 | 380 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | 85.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $2,200 | $2,220 |
| 2 Bedroom | -$90 | $2,710 | $2,620 |
| 3 Bedroom | -$210 | $3,750 | $3,540 |
| 4 Bedroom | -$260 | $4,500 | $4,240 |
Affordability — Placentia, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.4 |
| Median Home Price | $1,073,000 |
| Median Household Income | $111,000 |