La Cresta - Altavista, CA—93305
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Cresta - Altavista, CA
As of Oct '25, the median home price in La Cresta - Altavista, CA is $265,000, with a year-over-year change of -0.0%. This indicates that home prices in La Cresta - Altavista, 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 | $265,000 | -0.0% |
| Single Family | $266,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $154,000 | 0.0% |
2 Bed | $212,000 | -1.9% |
3 Bed | $283,000 | 0.4% |
4 Bed | $325,000 | 0.9% |
| 5 Bed | $398,000 | 1.0% |
% of Housing Stock
Rental Trends — La Cresta - Altavista, CA
As of July '25, Rentcast reports the average rent in La Cresta - Altavista, CA is $1,380, with a year-over-year rent change of 3.0%. Per bedroom, the median rent as of July '25 in La Cresta - Altavista, CA is studios: $900, 1-bedrooms: $1,020, 2-bedrooms: $1,140, 3-bedrooms: $1,950, 4-bedrooms: $2,500. The most common rental property sizes in La Cresta - Altavista, CA are 2-bedroom and 3-bedroom, accounting for 40.3% and 26.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,380 |
| Studio Rent | $750 | $900 |
| 1 Bed Rent | $1,100 | $1,020 |
| 2 Bed Rent | $1,100 | $1,140 |
| 3 Bed Rent | $1,850 | $1,950 |
| 4 Bed Rent | $2,500 | $2,500 |
% of Rental Stock
Property Listings — La Cresta - Altavista, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in La Cresta - Altavista, CA is 41. This is a increase of 31.0% 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 | $300,000 | -1.0% |
Listing Count | 94 | 17.0% |
| Listings as % of Homes | 0.3% | 17.0% |
Days on Market | 41 | 31.0% |
Demographics — La Cresta - Altavista, CA
As of the latest ACS Survey released in 2023, La Cresta - Altavista, CA has a population of 37,000, which has decreased by -4.5% over the past 5 years. La Cresta - Altavista, CA is a popular place for families, as children make up 31.3% of the population. The area has a poorly educated workforce, with 9.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,000 | -4.5% |
% Under 18 | 31.3% | -12.1% |
% Seniors | 9.5% | 11.8% |
% WFH | 5.5% | 31.0% |
% w/ College Degree | 9.2% | 41.5% |
As of the latest ACS Survey released in 2023, La Cresta - Altavista, CA is a predominantly hispanic area, with 75.7% of the population identifying as hispanic. The hispanic population has grown by 3.0% in the last 5 years. The second most common race or ethnicity in La Cresta - Altavista, CA is white, making up 16.3% of the population. Foreign-born residents account for 21.7% of the population in La Cresta - Altavista, CA, and this percentage has increased by 1.9% 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 | 16.3% | -1.2% |
% Black | 5.5% | -22.5% |
% Hispanic | 75.7% | 3.0% |
% Asian | 0.8% | -50.0% |
% Foreign Born | 21.7% | 1.9% |
Mortgage and Risk — La Cresta - Altavista, CA
According to HUD data as of 2023, there were 238 mortgage originations in La Cresta - Altavista, CA, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in La Cresta - Altavista, CA. Investor activity is low, as 8.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 238 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — La Cresta - Altavista, CA
As of 2024, the percent of homes in La Cresta - Altavista, CA under the Section 8 program is 8.2%. 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 units appear to be good home sizes to consider for Section 8 housing in La Cresta - Altavista, CA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 646 |
Total Units Section 8 | 610 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 88.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $1,100 | $940 |
| 2 Bedroom | $120 | $1,100 | $1,220 |
| 3 Bedroom | -$140 | $1,850 | $1,710 |
| 4 Bedroom | -$450 | $2,500 | $2,050 |
Affordability — La Cresta - Altavista, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $265,000 |
| Median Household Income | $41,300 |