Taft, CA housing market
Data through Aug 2026
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Home Value
$206,749
−2.2% vs. a year ago
Mtg Payment as % of Income
22%
Aug 2026
Rental Rate
$1,352/mo
Aug 2026
Overvalued %
36%
Aug 2026
What this means
- Valuation. Prices are 36% above what local incomes have historically supported (this area's pre-2020 price-to-income ratio).
- Prices. Home values are down 2.2% over the past year (U.S.: +1.2%).
- Affordability. A mortgage on the typical home takes 22% of the median household income (U.S.: 35%); it takes about $53k a year to keep the payment at 30% of gross pay. That includes about $1,392 a year for home insurance (U.S.: $1,790).
- Buy vs. rent. Owning and renting a typical home cost about the same per month.
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