Historical data
Pick an indicator to see its long-run evolution.
Median home value
1990–2024Median value of owner-occupied homes.
Home Prices
Typical home prices across California.
FHFA House Price Index
1975–2025FHFA all-transactions index, annual average of quarters. Source: FHFA via FRED (CASTHPI).
Median home value
1990–2024Median value of owner-occupied homes.
| Indicator | California | U.S. |
|---|---|---|
| Median home value2024 | $786,000 | $348,000 |
| Median monthly rent2023, U.S. Census ACS | $1,980 | $1,486 |
Median Home Value
The median value of owner-occupied homes in California.
Median value of owner-occupied homes
2008–2024Census American Community Survey 1-year estimates, B25077 (2020 not released).
Median home value
1990–2024Median value of owner-occupied homes.
| Indicator | California | U.S. |
|---|---|---|
| Median home value2023 | $787,000 | $340,000 |
Rent Prices
Typical rents and rent burden in California.
Rent of primary residence index (LA area)
2006–2025BLS CPI-U, Los Angeles–Long Beach–Anaheim, annual average (CUURS49ASEHA).
Median monthly rent
2010–2023U.S. Census ACS.
| Indicator | California | U.S. |
|---|---|---|
| Median monthly rent2023, U.S. Census ACS | $1,980 | $1,486 |
Housing Inventory
The size and age of California housing stock.
Total housing units
2008–2024Census American Community Survey 1-year estimates, B25001 (2020 not released).
Vacant housing units
2008–2024Census American Community Survey 1-year estimates, B25002 (2020 not released).
Building Permits
New housing construction authorized in California.
New private housing units authorized
1988–2025Census Building Permits Survey, sum of 12 months (FRED CABPPRIV).
Homeownership Rate
Share of California households that own their home.
Homeownership rate (CPS/HVS)
1984–2025Census Housing Vacancy Survey, annual (FRED CAHOWN).
Homeownership rate
1990–2023Share of households that own their home.
| Indicator | California | U.S. |
|---|---|---|
| Homeownership rate2023, U.S. Census | 55.9% | 65.9% |
Housing Affordability
How affordable housing is in California.
Housing price level vs U.S. (RPP rents)
2008–2024BEA Regional Price Parities, housing services (SARPP line 3).
| Indicator | California | U.S. |
|---|---|---|
| Housing price level vs U.S. (RPP rents)2024, BEA Regional Price Parities | 154.3 | 100 |
| Homeownership rate2023, U.S. Census | 55.9% | 65.9% |
| Median home value2024 | $786,000 | $348,000 |
Vacancy Rate
Share of vacant housing units in California.
Rental vacancy rate
1986–2025Census Housing Vacancy Survey, annual (FRED CARVAC).
Homeowner vacancy rate
1986–2025Census Housing Vacancy Survey, annual (FRED CAHVAC).