Half Moon Bay, California Real Estate & Housing Market

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Half Moon Bay Housing Information

Index	Half Moon Bay	California	National
Median home price	$774,000	$409,300	$184,700
Median rent asked	$2,032	$1,297	$949
Avg. people per household	2.6	3.0	2.6
Owner occupied households	71.4%	54.1%	63.6%
Renter occupied households	28.6%	45.9%	36.4%

Above, you'll find an overview of the real estate market in Half Moon Bay, CA. Generally, real estate in the Half Moon Bay, CA area is less affordable in California, as the median price of a home in Half Moon Bay, CA is $774,000, which is 89% higher than the California average. The median rental price in Half Moon Bay, CA is $2,032. This is 57% higher than the average rental price in California. Home owners comprise 71.4% of the population of Half Moon Bay, CA, where an average of 2.6 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Half Moon Bay, CA. Below, you can search for real estate listings in Half Moon Bay, CA using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Half Moon Bay Home Affordability

When searching for real estate in Half Moon Bay, CA, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Half Moon Bay, CA, the median house price is $774,000, while the median income for households in the area is $106,211. Therefore, the ratio of house price to income is 7.3x; this ratio is 14% higher than the average in California. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Half Moon Bay, CA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Loma Mar, CA	150	$0	100%
Colma, CA	1,540	$587,700	218%
La Honda, CA	518	$610,100	230%
South San Francisco, CA	66,587	$644,500	249%
North Fair Oaks, CA	15,144	$655,600	255%
Half Moon Bay, CA	12,281	$774,000	319%

Cities with similar population

City, State	Population	Home Price	National Avg.
Winfield, KS	12,283	$83,000	55%
Finneytown, OH	12,279	$122,400	34%
Rogers, MN	12,284	$279,600	51%
Okmulgee, OK	12,284	$65,400	65%
Portales, NM	12,275	$116,300	37%
Half Moon Bay, CA	12,281	$774,000	319%

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