Bellflower, California Real Estate & Housing Market

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Bellflower Housing Information

Index	Bellflower	California	National
Median home price	$367,300	$409,300	$184,700
Median rent asked	$1,195	$1,297	$949
Avg. people per household	3.4	3.0	2.6
Owner occupied households	38.8%	54.1%	63.6%
Renter occupied households	61.2%	45.9%	36.4%

A general summary of the real estate market in Bellflower, CA is listed above. Properties in Bellflower, CA average a cost of $367,300, which is 10% lower than the median home price for real estate located in California. This means that the region of Bellflower, CA is, on average, more affordable when compared to the remainder of California. Since tenants living in Bellflower, CA will pay an average of $1,195, the median rental cost is 8% lower than in California. 38.8% of people in Bellflower, CA own their own homes, and an average of 3.4 people inhabit each property. Bellflower, 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.

Bellflower Home Affordability

When starting your search for real estate in Bellflower, 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 Bellflower, CA costs $367,300 while each household has an average income of $50,704. Consequently, the ratio of home price to household income is 7.2x; this ratio is 13% 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 Bellflower, 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 Bellflower, 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%
Bellflower, CA	77,687	$367,300	99%

Cities with similar population

City, State	Population	Home Price	National Avg.
Gary, IN	77,858	$65,400	65%
Mount Pleasant, SC	77,907	$393,800	113%
Racine, WI	77,931	$106,400	42%
Alameda, CA	77,409	$677,000	267%
Kennewick, WA	77,975	$174,500	6%
Bellflower, CA	77,687	$367,300	99%

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