King City, CA—93930
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — King City, CA
As of Oct '25, the median home price in King City, CA is $511,000, with a year-over-year change of -1.7%. This indicates that home prices in King City, CA are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $511,000 | -1.7% |
| Single Family | $514,000 | -1.7% |
| Condos | $316,000 | -6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $403,000 | -1.2% |
3 Bed | $500,000 | -1.6% |
4 Bed | $567,000 | -0.5% |
| 5 Bed | $662,000 | 0.8% |
% of Housing Stock
Rental Trends — King City, CA
As of July '25, Rentcast reports the average rent in King City, CA is $2,350, with a year-over-year rent change of 40.7%. Per bedroom, the median rent as of July '25 in King City, CA is studios: $1,650, 1-bedrooms: $1,700, 2-bedrooms: $2,030, 3-bedrooms: $2,860, 4-bedrooms: $3,300. The most common rental property sizes in King City, CA are 2-bedroom and 3-bedroom, accounting for 35.1% and 26.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,350 |
| Studio Rent | $1,650 | $1,650 |
| 1 Bed Rent | $1,700 | $1,700 |
| 2 Bed Rent | $2,100 | $2,030 |
| 3 Bed Rent | $2,800 | $2,860 |
| 4 Bed Rent | $3,300 | $3,300 |
% of Rental Stock
Property Listings — King City, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in King City, CA is 63. This is a decrease of -17.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $600,000 | 0.0% |
Listing Count | 27 | 26.0% |
| Listings as % of Homes | 0.4% | 26.0% |
Days on Market | 63 | -17.0% |
Demographics — King City, CA
As of the latest ACS Survey released in 2023, King City, CA has a population of 17,100, which has remained stable by -0.1% over the past 5 years. King City, CA is a popular place for families, as children make up 33.5% of the population. The area has a poorly educated workforce, with 15.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,100 | -0.1% |
% Under 18 | 33.5% | 7.4% |
% Seniors | 10.6% | 35.9% |
% WFH | 6.0% | 122.2% |
% w/ College Degree | 15.4% | 87.8% |
As of the latest ACS Survey released in 2023, King City, CA is a predominantly hispanic area, with 84.0% of the population identifying as hispanic. The hispanic population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in King City, CA is white, making up 13.8% of the population. Foreign-born residents account for 39.2% of the population in King City, CA, and this percentage has decreased by 9.5% 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 | 13.8% | 5.3% |
% Black | 0.1% | -85.7% |
% Hispanic | 84.0% | 1.7% |
% Asian | 1.0% | -37.5% |
% Foreign Born | 39.2% | -9.5% |
Mortgage and Risk — King City, CA
According to HUD data as of 2023, there were 124 mortgage originations in King City, CA, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in King City, CA. Investor activity is low, as 2.0% 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 | 124 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — King City, CA
As of 2024, the percent of homes in King City, CA under the Section 8 program is 3.2%. 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. In King City, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 74 |
Total Units Section 8 | 74 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $440 | $1,700 | $2,140 |
| 2 Bedroom | $500 | $2,100 | $2,600 |
| 3 Bedroom | $800 | $2,800 | $3,600 |
| 4 Bedroom | $660 | $3,300 | $3,960 |
Affordability — King City, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $511,000 |
| Median Household Income | $72,600 |