Plumas County, California Housing Market

In Plumas County, California, the median home value is $360,200, with a median monthly rent of $1,194. This places Plumas County at #383 nationally out of 3134 counties by median home value, and #43 within California.

Median Home Value $360,200
Median Rent $1,194/mo
Owner Occupancy 74.6%
Price/Rent Ratio 25.1

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Plumas County rose +12.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,281
jobs (private sector)
  • Avg weekly wage: $1,106
  • Establishments: 866
  • BLS QCEW, 2025
🏗️

Housing Supply

44
new units authorized (2025)
  • Single-family: 44
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+356
net migration (filers, 2021-2022)
  • Inflow: 7,703 (avg $80,301)
  • Outflow: 7,347 (avg $79,601)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 4 active ZIP codes in Plumas County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 96103 283.1 +28.64% 2025
2 95971 245.6 +9.07% 2025
3 96122 259.6 +12.79% 2025
4 96118 257.9 — 2024

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

📝 Editor's Insight

None

Analyzed on 2026-10-12 using U.S. Census ACS 2024 data and AI reasoning.

How Plumas County Compares

MetricPlumas CountyCalifornia AverageU.S. Average
Median Home Value $360,200 $609,221 $227,706
Median Gross Rent $1,194 $1,690 $968
Owner Occupancy Rate 74.6% 63.4% 73.3%
Price/Rent Ratio 25.1 28.5 18.7

Market Analysis

The median home value in Plumas County is 40.9% below the California state average and 58.2% above the U.S. national average. The median rent of $1,194/month is 29.3% below the state average.

With a price-to-rent ratio of 25.1, Plumas County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Plumas County has an owner-occupancy rate of 74.6%, compared to 63.4% in California and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Owyhee County Idaho $359,800 $821
Whitman County Washington $359,600 $1,049
Mathews County Virginia $360,900 $1,032
Addison County Vermont $361,200 $1,177
Henrico County Virginia $359,200 $1,541

Other Counties in California

CountyMedian Home ValueMedian RentOwner Occ.
Shasta County $366,400 $1,317 65.6%
Glenn County $352,400 $1,120 61.2%
Inyo County $348,700 $1,189 66.4%
Del Norte County $342,000 $1,233 70.1%
Tehama County $339,600 $1,184 67.1%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).