Hanford-Corcoran
California · Ranked #235 of 373 metros
68Moderate
💡
Housing in Hanford-Corcoran costs 5.25× the median income, above the national average of 4.5×. The median home price is $349K and median rent is $1,220/month. Hanford-Corcoran ranks #235 of 373 metros for affordability.
Median Home Price
🏠$349K
Need $103K income
Median Rent
🔑$1,220
Need $49K income
Building Permits
🔨726
annual
Median Income
💰$66K
Pop: 111,983
Rent Burden
⚠️22.2%
of renters paying >30%
Homeownership
🏡55.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Hanford-Corcoran | National |
|---|---|---|
| Price-to-Income Ratio | 5.25x | 6.1x |
| Rent Burden | 22.2% | 31.5% |
| Homeownership Rate | 55.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,150/mo
1 Bedroom$1,157/mo
2 Bedroom$1,469/mo
3 Bedroom$2,043/mo
4 Bedroom$2,451/mo
Zillow Market Data
Home Value (ZHVI)
$358K
1yr: +2.1%5yr: +34.1%
Rent (ZORI)
$1,768/mo
1yr: +3.6%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$357K
Active Inventory
213
Days on Market
48
Sold Above List
31.3%
Price Drops
24.4%