California Property Value Indicators (2024)

Median Value

$734,700

Total Properties

7,567,568
Owner-Occupied

High Value ($1M+)

29.6%
Market Share

Low Value (<$25k)

1.6%
Affordability Floor

California Property Value Distribution (2024)

Value Distribution for
Figure 1: Percentage of owner-occupied housing units by valuation tier in .



Property Value FAQs for California

The median property value in California is $734,700.

In recent years, median home values in California have increased by 60.2%.