Soledad, CA 93960 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Soledad, CA—93960

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$616,000

0.4% YoY Growth

Household Income

$92,500

56.8% YoY Growth

Days on Market

50.0% Shorter YoY

Home Price Forecast

0.8%

Median Rent

$3,000

21.0% YoY Growth

1-Bed Rent

$2,000

2.6% YoY Growth

2-Bed Rent

$2,500

30.0% YoY Growth

3-Bed Rent

$3,200

15.0% YoY Growth

Home Price Trends — Soledad, CA

As of Nov '25, the median home price in Soledad, CA is $616,000, with a year-over-year change of 0.4%. This indicates that home prices in Soledad, CA are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$616,000	0.4%
Single Family	$621,000	0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Soledad, CA

As of July '25, Rentcast reports the average rent in Soledad, CA is $3,000, with a year-over-year rent change of 21.0%. Per bedroom, the median rent as of July '25 in Soledad, CA is 1-bedrooms: $2,000, 2-bedrooms: $2,600, 3-bedrooms: $3,230, 4-bedrooms: $2,950. The most common rental property sizes in Soledad, CA are 3-bedroom and 2-bedroom, accounting for 28.3% and 24.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,000	$3,000
Studio Rent	N/A	N/A
1 Bed Rent	$2,000	$2,000
2 Bed Rent	$2,500	$2,600
3 Bed Rent	$3,200	$3,230
4 Bed Rent	$2,600	$2,950

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% of Rental Stock

Studio

13.0%

1 Bedroom

16.2%

2 Bedrooms

24.7%

3 Bedrooms

28.3%

4 Bedrooms

13.4%

5+ Bedrooms

4.3%

Property Listings — Soledad, CA

As of Nov '25, Realtor.com reports that the median days on market for a home in Soledad, CA is 35. This is a decrease of -50.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$714,000	1.0%
Listing Count	15	-4.0%
Listings as % of Homes	0.4%	-4.0%
Days on Market	35	-50.0%

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Demographics — Soledad, CA

As of the latest ACS Survey released in 2023, Soledad, CA has a population of 25,700, which has decreased by -3.3% over the past 5 years. Soledad, CA is a moderately popular place for families, as children make up 24.6% of the population. The area has a poorly educated workforce, with 7.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	25,700	-3.3%
% Under 18	24.6%	8.8%
% Seniors	6.8%	11.5%
% WFH	2.8%	75.0%
% w/ College Degree	7.4%	4.2%

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As of the latest ACS Survey released in 2023, Soledad, CA is a predominantly hispanic area, with 79.3% of the population identifying as hispanic. The hispanic population has grown by 9.2% in the last 5 years. The second most common race or ethnicity in Soledad, CA is white, making up 9.3% of the population. Foreign-born residents account for 30.2% of the population in Soledad, CA, and this percentage has decreased by 0.7% 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	9.3%	-34.5%
% Black	6.9%	-16.9%
% Hispanic	79.3%	9.2%
% Asian	3.0%	42.9%
% Foreign Born	30.2%	-0.7%

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Mortgage and Risk — Soledad, CA

According to HUD data as of 2023, there were 190 mortgage originations in Soledad, CA, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Soledad, CA. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	190
% Conventional Loans	56.0%
% Government Loans	44.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Soledad, CA

As of 2024, the percent of homes in Soledad, CA under the Section 8 program is 8.3%. 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 Soledad, 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	171
Total Units Section 8	171
% Rentals under Section 8	8.3%
% Occupied Section 8	74.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$140	$2,000	$2,140
2 Bedroom	$100	$2,500	$2,600
3 Bedroom	$400	$3,200	$3,600
4 Bedroom	$1,360	$2,600	$3,960

Soledad, CA—93960

Key Metrics at a Glance

Home Price Trends — Soledad, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Soledad, CA

% of Rental Stock

Property Listings — Soledad, CA

Demographics — Soledad, CA

Race and Ethnicity

Mortgage and Risk — Soledad, CA

Mortgages

Rentals and Section 8 — Soledad, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Soledad, CA

Home Price to Income Ratio

Soledad, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Gonzales, CA

Greenfield, CA

Chualar, CA

Carmel Valley, CA

King City, CA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.3
Median Home Price	$616,000
Median Household Income	$92,500

Soledad, CA—93960

Key Metrics at a Glance

Home Price Trends — Soledad, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Soledad, CA

% of Rental Stock

Property Listings — Soledad, CA

Demographics — Soledad, CA

Race and Ethnicity

Mortgage and Risk — Soledad, CA

Mortgages

Rentals and Section 8 — Soledad, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Soledad, CA

Home Price to Income Ratio

Soledad, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Gonzales, CA

Greenfield, CA

Chualar, CA

Carmel Valley, CA

King City, CA

Frequently Asked Questions

What is the average home price in Soledad, CA 93960?

How have home prices in Soledad, CA 93960 changed over the past year?

What is the home price projection for Soledad, CA 93960?

What are the demographics of Soledad, CA 93960?

How long does it take homes to sell in Soledad, CA 93960?

What is the average rent price in Soledad, CA 93960?