Vallejo, CA—94589
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vallejo, CA
As of Oct '25, the median home price in Vallejo, CA is $502,000, with a year-over-year change of -4.5%. This indicates that home prices in Vallejo, CA are decreasing. According to Zillow, the 1-year price projection is -2.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $502,000 | -4.5% |
| Single Family | $508,000 | -4.9% |
| Condos | $242,000 | -5.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $203,000 | -4.7% |
2 Bed | $321,000 | -4.5% |
3 Bed | $495,000 | -5.2% |
4 Bed | $535,000 | -4.5% |
| 5 Bed | $568,000 | -4.1% |
% of Housing Stock
Rental Trends — Vallejo, CA
As of July '25, Rentcast reports the average rent in Vallejo, CA is $2,520, with a year-over-year rent change of -1.9%. Per bedroom, the median rent as of July '25 in Vallejo, CA is studios: $1,770, 1-bedrooms: $1,850, 2-bedrooms: $2,160, 3-bedrooms: $2,860, 4-bedrooms: $3,190. The most common rental property sizes in Vallejo, CA are 3-bedroom and 2-bedroom, accounting for 35.4% and 26.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,520 |
| Studio Rent | $1,500 | $1,770 |
| 1 Bed Rent | $1,900 | $1,850 |
| 2 Bed Rent | $2,000 | $2,160 |
| 3 Bed Rent | $2,900 | $2,860 |
| 4 Bed Rent | $3,250 | $3,190 |
% of Rental Stock
Property Listings — Vallejo, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Vallejo, CA is 54. This is a increase of 29.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $492,000 | -2.0% |
Listing Count | 77 | 39.0% |
| Listings as % of Homes | 0.4% | 39.0% |
Days on Market | 54 | 29.0% |
Demographics — Vallejo, CA
As of the latest ACS Survey released in 2023, Vallejo, CA has a population of 30,200, which has decreased by -1.5% over the past 5 years. Vallejo, CA is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 22.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,200 | -1.5% |
% Under 18 | 23.1% | -2.1% |
% Seniors | 17.0% | 11.8% |
% WFH | 7.2% | 323.5% |
% w/ College Degree | 22.6% | 8.7% |
As of the latest ACS Survey released in 2023, Vallejo, CA is a predominantly hispanic area, with 38.9% of the population identifying as hispanic. The hispanic population has grown by 25.1% in the last 5 years. The second most common race or ethnicity in Vallejo, CA is asian, making up 23.2% of the population. Foreign-born residents account for 32.7% of the population in Vallejo, CA, and this percentage has increased by 4.8% 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 | 14.6% | -18.9% |
% Black | 15.6% | -34.5% |
% Hispanic | 38.9% | 25.1% |
% Asian | 23.2% | 0.9% |
% Foreign Born | 32.7% | 4.8% |
Mortgage and Risk — Vallejo, CA
According to HUD data as of 2023, there were 331 mortgage originations in Vallejo, CA, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Vallejo, 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 | 331 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Vallejo, CA
As of 2024, the percent of homes in Vallejo, CA under the Section 8 program is 14.3%. 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. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Vallejo, CA, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 491 |
Total Units Section 8 | 490 |
% Rentals under Section 8 | 14.3% |
% Occupied Section 8 | 60.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $1,900 | $1,840 |
| 2 Bedroom | $420 | $2,000 | $2,420 |
| 3 Bedroom | $380 | $2,900 | $3,280 |
| 4 Bedroom | $290 | $3,250 | $3,540 |
Affordability — Vallejo, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $502,000 |
| Median Household Income | $91,300 |