Empire, California Real Estate & Housing Market

Empire, CA Listings

For Sale For Rent

Find real estate listings

Find rental listings

Empire Housing Information

Index	Empire	California	National
Median home price	$119,900	$409,300	$184,700
Median rent asked	$820	$1,297	$949
Avg. people per household	3.3	3.0	2.6
Owner occupied households	53.7%	54.1%	63.6%
Renter occupied households	46.3%	45.9%	36.4%

A general summary of the real estate market in Empire, CA is listed above. Properties in Empire, CA average a cost of $119,900, which is 71% lower than the median home price for real estate located in California. This means that the region of Empire, CA is, on average, more affordable when compared to the remainder of California. Since tenants living in Empire, CA will pay an average of $820, the median rental cost is 37% lower than in California. 53.7% of people in Empire, CA own their own homes, and an average of 3.3 people inhabit each property. Empire, 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.

Empire Home Affordability

When starting your search for real estate in Empire, 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 Empire, CA costs $119,900 while each household has an average income of $35,519. Consequently, the ratio of home price to household income is 3.4x; this ratio is 47% lower 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 Empire, 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 Empire, CA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Monterey Park Tract, CA	338	$0	100%
Bret Harte, CA	5,315	$78,400	58%
Parklawn, CA	1,150	$88,700	52%
Cowan, CA	481	$89,200	52%
Bystrom, CA	3,865	$98,000	47%
Empire, CA	4,379	$119,900	35%

Cities with similar population

City, State	Population	Home Price	National Avg.
Sparta, IL	4,378	$77,900	58%
Tiptonville, TN	4,378	$72,200	61%
Captain Cook, HI	4,378	$483,700	162%
Whitehouse, OH	4,378	$184,900	0%
Broad Brook, CT	4,377	$230,600	25%
Empire, CA	4,379	$119,900	35%

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