Bell Gardens, California Real Estate & Housing Market

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Bell Gardens Housing Information

Index	Bell Gardens	California	National
Median home price	$318,700	$409,300	$184,700
Median rent asked	$1,142	$1,297	$949
Avg. people per household	4.4	3.0	2.6
Owner occupied households	21.0%	54.1%	63.6%
Renter occupied households	79.0%	45.9%	36.4%

A general summary of the real estate market in Bell Gardens, CA is listed above. Properties in Bell Gardens, CA average a cost of $318,700, which is 22% lower than the median home price for real estate located in California. This means that the region of Bell Gardens, CA is, on average, more affordable when compared to the remainder of California. Since tenants living in Bell Gardens, CA will pay an average of $1,142, the median rental cost is 12% lower than in California. 21.0% of people in Bell Gardens, CA own their own homes, and an average of 4.4 people inhabit each property. Bell Gardens, CA has many assorted real estate listings available. These range from urban townhouses to inexpensive condos to luxurious residences. We make finding homes for sale and browsing real estate listings effortless. Simply use the search function above, and obtain filtered results according to price, location, bathrooms and bedrooms.

Bell Gardens Home Affordability

When starting your search for real estate in Bell Gardens, CA, it is crucial to consider home affordability. When calculating home affordability, the ratio of home price to median household income is one of the methods that is applicable in doing so. On average, a home in Bell Gardens, CA costs $318,700 while each household has an average income of $37,183. Consequently, the ratio of home price to household income is 8.6x; this ratio is 34% higher than the average in California. Calculating the home affordability ratio involves dividing the average price of a home by the average income of homes in Bell Gardens, CA. When the ratio of home price to income is relatively low, the implication is that homes are more affordable on the basis of the home price in comparison with the home income. Note that besides home price to median household income ratio, there are various other factors to put into consideration when determining if home affordability exists. Check the home affordability calculator shown below to calculate how much you can afford to pay for real estate in Bell Gardens, CA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Willowbrook, CA	22,035	$246,800	34%
Compton, CA	97,740	$264,300	43%
Florence-Graham, CA	63,390	$267,800	45%
East Rancho Dominguez, CA	15,887	$277,800	50%
Paramount, CA	54,941	$283,400	53%
Bell Gardens, CA	42,805	$318,700	73%

Cities with similar population

City, State	Population	Home Price	National Avg.
Moline, IL	42,805	$115,100	38%
Salem, MA	42,804	$317,400	72%
Hicksville, NY	42,856	$410,600	122%
San Bruno, CA	42,736	$668,700	262%
Belleville, IL	42,729	$97,200	47%
Bell Gardens, CA	42,805	$318,700	73%

Source: The Bell Gardens, CA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).