California home affordability sees slight improvement, but racial gaps persist — especially in Santa Clara County

The number of Californians who could afford to buy a home increased slightly last year as mortgage rates declined and home prices remained relatively flat. About 19% of California households earned enough to purchase a median-priced single-family home in 2025, up from 18% in 2024, according to new data from the California Association of Realtors.

home and garden

Neighborhoods

Real Estate News