The California Real Estate Market: 2025 Trends

🏠 Buying a house in California | 🏘️ Selling a house in California | 🚚 Moving to California

FAQ | 📊 Methodology

🏡 Home values in California have risen 2.63% over the past year, indicating a buyer's market.

📈 Housing inventory (the total number of homes for sale) stands at 62,974. That's about 4.81 months of inventory, indicating a seller's market.

📊 The sale-to-list price ratio (the percentage of listing price sellers are actually getting) is 99.40%, indicating a seller's market.

How does California compare to the national average?

Data pointValueRankCompared to national avg
Typical home value $761,839[1]#2 of 50 states102.7% higher
Median listing price $748,500[2]#3 of 50 states68.9% higher
Median sale price $862,200[3]#2 of 50 states97.1% higher
30-year mortgage rate 7.00%[4]#24 of 50 states0.3% higher
Median days on market 58[5]#21 of 50 states1.4% shorter
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Looking to buy or sell in California?

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Buying a house in the California real estate market

California has an affordability score of 9, meaning it takes 9 years of the median household income ($95,521) to afford California's median home sale price ($862,200). Because of this, we rank California as the 2nd least affordable state for buyers based strictly on prices compared to income.

Data PointValueRankCompared to national avg
Median sale price $862,200[6]#2 of 50 states97.1% higher
30-year mortgage rate 7.00%[7]#24 of 50 states0.3% higher
Median household income $95,521[8]#5 of 50 states24.1% higher
Affordability ratio 9.0#49 of 50 states61.9% higher
Buyers agent commission 2.46%[9]#7 of 50 states10.4% lower
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Who pays for realtor commission in California?

Real estate agents' commissions are technically the responsibility of their respective clients - buyers pay their agents, and sellers pay theirs. Each party signs a contract with their agent promising to pay. However, sellers usually offer to pay for the buyer's agent so they can more easily afford the home.

Who pays closing costs in California?

Sellers are usually responsible for most closing costs, but some closing expenses fall to the buyer. As a buyer, you'll be expected to pay for the mortgage loan origination fee and other lender-related fees, private mortgage insurance, the down payment, an appraisal fee, and a home inspection fee.

Learn more about who pays closing costs in California.

Resources for California home buyers

Selling a house in the California real estate market

According to our detailed survey of California real estate agents, listing agents (those representing the seller) charge an average commission in California of 2.57%, which is the 2nd lowest in the United States. Buyers' agents charge an average commission of 2.46%, which is the 7th lowest in the United States.

Data pointValueRankCompared to national avg
Median listing price $748,500[10]#3 of 50 states68.9% higher
Median sale price $862,200[11]#2 of 50 states97.1% higher
Median days on market 58[12]#21 of 50 states1.4% shorter
Buyer's agent commission 2.46%[13]#7 of 50 states10.4% lower
Listing agent commission 2.57%[14]#2 of 50 states9.5% lower

Resources for California home sellers

Moving to California

According to our recent moving trends survey[15], California is the 1st most desirable state to move to, with 32% of Americans indicating that they would choose to move there if money were no object. Likewise, 20% of survey respondents indicated that they would move to Los Angeles among a choice of America's largest cities, and 19% indicated that they would move to San Francisco. Among medium-sized cities, 12% indicated that they would move to Bakersfield, and 10% indicated that they would move to Fresno.

Here's how California cities rank in a number of our research studies.

StudyBest California cityRank
Best Pizza Cities[16]San Diego5th best
Best Coffee Cities[17]San Jose2nd best
Best LGBTQ Cities[18]San Franciscobest
Best Bike Cities[19]San Francisco2nd best
Best Commuter Cities[20]San Jose18th best
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Where to shop for homes in California

Frequently asked questions

As of October 10, 2025, the median days on market (DOM) in California is 64. On average, it takes about 63 days to sell in California.

Home values have risen in California over the past year. The current median home value is $775,058 and it's projected to decrease by 1.62% in the next year.

As of October 10, 2025, sellers in California are typically getting 100% of the list price for their homes.

Methodology

Information on market conditions is based on Zillow data as of August 2025, Realtor.com data as of September 2025, and HouseCanary data as of October 10, 2025, unless specified otherwise.

We gathered our commission rate data from a September 2025 survey of 828 of agents nationwide. The survey asked about standard local rates for both listing and buying agents. These data points are averages based on responses we’ve received from 96 agents in California.

Article Sources

[1] Zillow – "Zillow Home Value Index". Updated August 31, 2025.
[2] Realtor.com – "Realtor.com Data Library". Updated September 2025.
[3] Redfin – "Redfin Data Center". Updated August 2025.
[4] Bankrate – "Bankrate". Updated October 2025.
[5] Realtor.com – "Realtor.com Data Library". Updated September 2025.
[6] Redfin – "Redfin Data Center". Updated August 2025.
[7] Bankrate – "Bankrate". Updated October 2025.
[8] US Census – "US Census, 2020 American Community Survey". Updated 2020.
[9] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated October 2025.
[10] Realtor.com – "Realtor.com Data Library". Updated September 2025.
[11] Redfin – "Redfin Data Center". Updated August 2025.
[12] Realtor.com – "Realtor.com Data Library". Updated September 2025.
[13] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated October 2025.
[14] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated October 2025.
[15] Home Bay – "Half of Americans Are Surprised by How Much It Costs to Move". Updated February 26, 2024.
[16] Clever Real Estate – "The 15+ Best Pizza Cities in America". Updated February 12, 2024.
[17] Clever Real Estate – "The Best (and Worst) Coffee Cities in America". Updated January 12, 2024.
[18] Clever Real Estate – "The Most (and Least) LGBTQ-Friendly Cities in America". Updated October 23, 2023.
[19] Clever Real Estate – "The Most Bike-Friendly Cities in the U.S.". Updated July 17, 2023.
[20] Clever Real Estate – "The Best (and Worst) Cities for Commuters". Updated September 21, 2023.

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