Avenal, CA—93204
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Avenal, CA
As of Oct '25, the median home price in Avenal, CA is $247,000, with a year-over-year change of 3.2%. This indicates that home prices in Avenal, CA are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $247,000 | 3.2% |
| Single Family | $247,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $179,000 | -1.1% |
3 Bed | $251,000 | 2.4% |
4 Bed | $303,000 | 2.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Avenal, CA
As of July '25, Rentcast reports the average rent in Avenal, CA is $1,300, with a year-over-year rent change of -13.3%. Per bedroom, the median rent as of July '25 in Avenal, CA is 3-bedrooms: $1,300. The most common rental property sizes in Avenal, CA are 2-bedroom and 3-bedroom, accounting for 43.9% and 35.0% 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 | N/A | N/A |
| 3 Bed Rent | $1,300 | $1,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Avenal, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Avenal, CA is 124. This is a increase of 22.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $365,000 | 1.0% |
Listing Count | 33 | -1.0% |
| Listings as % of Homes | 0.5% | -1.0% |
Days on Market | 124 | 22.0% |
Demographics — Avenal, CA
As of the latest ACS Survey released in 2023, Avenal, CA has a population of 13,400, which has increased by 4.0% over the past 5 years. Avenal, CA is a popular place for families, as children make up 27.3% of the population. The area has a poorly educated workforce, with 4.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,400 | 4.0% |
% Under 18 | 27.3% | -7.5% |
% Seniors | 5.1% | 8.5% |
% WFH | 1.8% | -25.0% |
% w/ College Degree | 4.4% | 51.7% |
As of the latest ACS Survey released in 2023, Avenal, CA is a predominantly hispanic area, with 86.5% of the population identifying as hispanic. The hispanic population has grown by 4.2% in the last 5 years. The second most common race or ethnicity in Avenal, CA is white, making up 7.8% of the population. Foreign-born residents account for 36.3% of the population in Avenal, CA, and this percentage has increased by 2.0% 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 | 7.8% | -32.8% |
% Black | 3.3% | -26.7% |
% Hispanic | 86.5% | 4.2% |
% Asian | 1.1% | 175.0% |
% Foreign Born | 36.3% | 2.0% |
Mortgage and Risk — Avenal, CA
According to HUD data as of 2023, there were 34 mortgage originations in Avenal, CA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Avenal, CA. Investor activity is low, as 6.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Avenal, CA
Avenal, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 47 |
Total Units Section 8 | 47 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $990 |
| 2 Bedroom | N/A | N/A | $1,240 |
| 3 Bedroom | $440 | $1,300 | $1,740 |
| 4 Bedroom | N/A | N/A | $2,080 |
Affordability — Avenal, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $247,000 |
| Median Household Income | $53,000 |