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Stockton real estate market overview
- Average Monthly Rent: $1,565
- Home Price/Value Percentage Change: -1.10%
- Median Home Value: $420,056
- Best Time To Sell a Home: November
- Affordability Index: Moderate
- Days To Sell a House: 55
- Job Market: Fair
- Public School Ranking: 40
Location and weather
Stockton lies along the San Joaquin River, 40 miles south of Sacramento. Stockton and Sacramento are California's two inland ports, and they connect with the San Francisco Bay by the river's 78-mile channel.
The summers in Stockton are warm and humid, while the winters are cold and short. The summers high temperatures are in the mid 80's and 90's, with lows in the 60's. Winter temperatures are in the upper 50's, with lows in the 30's.
Population, job market and cost of living
Stockton's population in 2023 is 329,534, with a growth rate of 0.89%.
The job growth has decreased by -4.06% over the last year and in ten years, is predicted to have increased by 33.6%. The largest industries are in retail trade, health care, social assistance and, considering its deep-water port, transportation & warehousing. Stockton's major employers include Diamond Nuts, Morada Produce, Paq Inc, The Herrick and MSRCosmos.
The cost of living is moderate, due to the real estate market and availability of affordable housing. With fine art and local history exhibits, including the Pollardville Ghost Town, sports venues like the Stockton 99 Speed Racetrack, a temperate climate and moderate cost of living, Stockton will continue to attract people to this San Joaquin Valley city.
Stockton real estate market details
- Oak Park
- Brookside
- University
- Upper Hammer Lane
- Pacific
The average monthly rent in Stockton is $1,565 for an average apartment size of 800 sq. feet.
There has been a -1.1% decrease in median home value over the last year. As of 2023, the median home value is $420,056.
On average, homes in Stockton sell after 55 days on the market.
The best time to sell a home for the highest valued sale is during November. For the quickest sale, homeowners should sell in July.
The affordability index in Stockton is 116. This number indicates low affordability in this city.
The top ranked public schools are Elkhorn, Middle College High School, Stockton Early College Academy, Brookside and Pacific Law Academy. This information is based on data measuring academic performance and equity.