Tehama County, California Housing Market
In Tehama County, California, the median home value is $339,600, with a median monthly rent of $1,184. This places Tehama County at #458 nationally out of 3134 counties by median home value, and #47 within California.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,142
- Establishments: 2,294
- BLS QCEW, 2025
Housing Supply
- Single-family: 28
- Multi-family: 8
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 23,494 (avg $66,949)
- Outflow: 22,436 (avg $67,681)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 4 active ZIP codes in Tehama County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 96035 | 327.4 | +18.01% | 2025 |
| 2 | 96021 | 319.4 | +4.07% | 2025 |
| 3 | 96055 | 278.3 | +6.17% | 2025 |
| 4 | 96080 | 265.0 | -0.34% | 2025 |
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
How Tehama County Compares
| Metric | Tehama County | California Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $339,600 | $609,221 | $227,706 |
| Median Gross Rent | $1,184 | $1,690 | $968 |
| Owner Occupancy Rate | 67.1% | 63.4% | 73.3% |
| Price/Rent Ratio | 23.9 | 28.5 | 18.7 |
Market Analysis
The median home value in Tehama County is 44.3% below the California state average and 49.1% above the U.S. national average. The median rent of $1,184/month is 29.9% below the state average.
With a price-to-rent ratio of 23.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Tehama County has an owner-occupancy rate of 67.1%, compared to 63.4% in California and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Brevard County | Florida | $339,600 | $1,556 |
| Walton County | Georgia | $339,500 | $1,175 |
| Grand Traverse County | Michigan | $339,400 | $1,288 |
| Cheatham County | Tennessee | $338,700 | $1,345 |
| Morgan County | Colorado | $338,600 | $1,025 |
Other Counties in California
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Kern County | $338,300 | $1,300 | 60.1% |
| Del Norte County | $342,000 | $1,233 | 70.1% |
| Inyo County | $348,700 | $1,189 | 66.4% |
| Tulare County | $330,100 | $1,280 | 58.5% |
| Glenn County | $352,400 | $1,120 | 61.2% |
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).