Watsonville, California Real Estate & Housing Market

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Watsonville Housing Information

Index	Watsonville	California	National
Median home price	$361,000	$409,300	$184,700
Median rent asked	$1,285	$1,297	$949
Avg. people per household	3.7	3.0	2.6
Owner occupied households	39.6%	54.1%	63.6%
Renter occupied households	60.4%	45.9%	36.4%

Above, you will see a summary of real estate in Watsonville, CA. On average, homes in Watsonville, CA cost $361,000, a value that is 12% lower than the average in California. In general terms, this results in Watsonville, CA real estate being more affordable than California real estate. On average, people who rent houses in Watsonville, CA pay $1,285; this value is 1% lower than the average amount renters pay in California. 39.6% of Watsonville, CA residents own their own homes and, on average, each of the homes has 3.7 occupants. Watsonville, CA real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Watsonville, CA is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Watsonville Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Watsonville, CA. To estimate home affordability, one method is to use the ratio of home price to median household income. The Watsonville, CA’s median home price stands at $361,000 while $49,487 is the value of the average household income. The resulting home price to income ratio, which is 7.3x, differs from the California average as the ratio is 14% higher than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Watsonville, CA are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Watsonville, CA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Moss Landing, CA	118	$0	100%
Pajaro, CA	3,524	$0	100%
Live Oak city, CA	8,501	$152,000	18%
Castroville, CA	6,978	$258,400	40%
Paradise Park, CA	530	$294,200	59%
Watsonville, CA	52,915	$361,000	95%

Cities with similar population

City, State	Population	Home Price	National Avg.
Yucaipa, CA	52,886	$241,700	31%
Kingsport, TN	52,871	$134,800	27%
Bradenton, FL	52,985	$135,900	26%
Bellevue, NE	52,993	$138,400	25%
Lake Havasu City, AZ	53,058	$208,800	13%
Watsonville, CA	52,915	$361,000	95%

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