Rolling Hills Estates, California Real Estate & Housing Market

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Rolling Hills Estates Housing Information

Index	Rolling Hills Estates	California	National
Median home price	$1,096,400	$409,300	$184,700
Median rent asked	$2,945	$1,297	$949
Avg. people per household	2.7	3.0	2.6
Owner occupied households	92.5%	54.1%	63.6%
Renter occupied households	7.5%	45.9%	36.4%

Above is a snapshot look at the real estate market in Rolling Hills Estates, CA. In Rolling Hills Estates, CA, the median house price is $1,096,400, making the price 168% higher than that the average for California. Therefore, the affordability of Rolling Hills Estates, CA area real estate is less affordable than the real estate in other areas of California. In addition, Rolling Hills Estates, CA has a median rent price of $2,945; this price is 127% higher than that the average rental price for California. 92.5% of residents in Rolling Hills Estates, CA are homeowners, and the average amount of people who reside in each home is 2.7. Rolling Hills Estates, CA has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Rolling Hills Estates, CA real estate for sale.

Rolling Hills Estates Home Affordability

When looking for real estate in Rolling Hills Estates, CA, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In Rolling Hills Estates, CA, the median price of a home is $1,096,400 and $129,728 is the median household income. This means that the home price to income ratio is 8.5x, a ratio that is 32% higher than the average in California. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in Rolling Hills Estates, CA will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in Rolling Hills Estates, 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%
Rolling Hills Estates, CA	8,206	$1,096,400	494%

Cities with similar population

City, State	Population	Home Price	National Avg.
Fort Belvoir, VA	8,204	$0	100%
Croton-on-Hudson, NY	8,209	$519,400	181%
Hillsdale, MI	8,203	$81,800	56%
Crete, IL	8,215	$163,800	11%
Wesley Chapel, NC	8,217	$321,300	74%
Rolling Hills Estates, CA	8,206	$1,096,400	494%

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