Armona, CA—93202
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Armona, CA
As of Oct '25, the median home price in Armona, CA is $300,000, with a year-over-year change of 5.8%. This indicates that home prices in Armona, CA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $300,000 | 5.8% |
| Single Family | $300,000 | 6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $227,000 | 8.6% |
3 Bed | $295,000 | 6.1% |
4 Bed | $337,000 | 4.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Armona, CA
As of July '25, Rentcast reports the average rent in Armona, CA is $1,300, with a year-over-year rent change of -3.0%. Per bedroom, the median rent as of July '25 in Armona, CA is 2-bedrooms: $1,300. The most common rental property sizes in Armona, CA are 3-bedroom and 1-bedroom, accounting for 44.5% and 19.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,300 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Armona, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Armona, CA is 29. This is a decrease of -21.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $319,000 | 11.0% |
Listing Count | 5 | -30.0% |
| Listings as % of Homes | 0.4% | -30.0% |
Days on Market | 29 | -21.0% |
Demographics — Armona, CA
As of the latest ACS Survey released in 2023, Armona, CA has a population of 4,010, which has increased by 6.3% over the past 5 years. Armona, CA is a popular place for families, as children make up 29.7% of the population. The area has a poorly educated workforce, with 7.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,010 | 6.3% |
% Under 18 | 29.7% | -10.3% |
% Seniors | 6.9% | -45.2% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 7.5% | -18.5% |
As of the latest ACS Survey released in 2023, Armona, CA is a predominantly hispanic area, with 73.6% of the population identifying as hispanic. The hispanic population has grown by 8.1% in the last 5 years. The second most common race or ethnicity in Armona, CA is asian, making up 10.9% of the population. Foreign-born residents account for 34.1% of the population in Armona, CA, and this percentage has increased by 56.4% 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 | 10.1% | -46.6% |
% Black | 1.1% | -78.4% |
% Hispanic | 73.6% | 8.1% |
% Asian | 10.9% | 127.1% |
% Foreign Born | 34.1% | 56.4% |
Mortgage and Risk — Armona, CA
According to HUD data as of 2023, there were 71 mortgage originations in Armona, CA, of which 41.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Armona, CA. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 71 |
% Conventional Loans | 41.0% |
% Government Loans | 59.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Armona, CA
Armona, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 42 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | 63.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,240 |
| 2 Bedroom | $250 | $1,300 | $1,550 |
| 3 Bedroom | N/A | N/A | $2,170 |
| 4 Bedroom | N/A | N/A | $2,600 |
Affordability — Armona, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $300,000 |
| Median Household Income | $60,400 |