King, CA housing market
The typical King home is worth about $528,000, up 2% in a year, 31% below the California typical home. Homes typically sell in 51 days, a little above asking.
Home values, sales, trends and how King compares with the towns next door — updated as new data is published.
King at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | King | California |
|---|---|---|
| 2017 | $291,000 | $453,000 |
| 2018 | $311,000 | $501,000 |
| 2019 | $330,000 | $539,000 |
| 2020 | $348,000 | $551,000 |
| 2021 | $390,000 | $607,000 |
| 2022 | $469,000 | $703,000 |
| 2023 | $489,000 | $727,000 |
| 2024 | $514,000 | $758,000 |
| 2025 | $523,000 | $782,000 |
| 2026 | $516,000 | $767,000 |
| August 2026 | $528,000 | $764,000 |
52 new homes permitted in 2025
Builders were permitted 52 new homes in King in 2025, all single-family houses, worth about $10.7 million to build. That's 3.8 per 1,000 residents, faster than across California (2.7). Over the past 10 years, King has permitted 573 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, King gained 458 residents while 251 new homes were permitted: about 1.8 new residents per new home. Building and growth moved roughly in step. Across California: 2.7 new residents per new home.
How King ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 47 | 47 | 0 | $10.9 million |
| 2025 | 52 | 52 | 0 | $10.7 million |
| 2024 | 71 | 71 | 0 | $15 million |
| 2023 | 57 | 57 | 0 | $14.1 million |
| 2022 | 73 | 73 | 0 | $21.3 million |
| 2021 | 138 | 20 | 118 | $20.9 million |
| 2020 | 55 | 51 | 4 | $12.2 million |
| 2019 | 19 | 19 | 0 | $4.3 million |
| 2018 | 43 | 43 | 0 | $8.9 million |
| 2017 | 26 | 26 | 0 | $3.2 million |
| 2016 | 39 | 39 | 0 | $4.3 million |
| 2015 | 1 | 1 | 0 | $929,000 |
| 2014 | 61 | 6 | 55 | $5.7 million |
| 2013 | 62 | 6 | 56 | $5.8 million |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 46 | 26 | 20 | $8 million |
| 2006 | 124 | 108 | 16 | $28.2 million |
| 2005 | 105 | 83 | 22 | $23.1 million |
| 2004 | 9 | 9 | 0 | $2.2 million |
| 2003 | 11 | 9 | 2 | $1.8 million |
| 2002 | 17 | 17 | 0 | $1.9 million |
| 2001 | 20 | 20 | 0 | $2.2 million |
| 2000 | 14 | 14 | 0 | $1.5 million |
How King ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
7.9 years of income
The typical King home costs about 7.9 years of the town's median household income, about the same as across California (7.7).
How King ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,690
HUD's Fair Market Rent for a two-bedroom in King is $2,690 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in King pay a median of $1,534, so moving in tends to cost more than staying put. A two-bedroom takes about 48% of the town's median household income, above the 30% guideline for affordable housing.
Studio $2,180 · 4 bedrooms $3,950
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (93930; Salinas, CA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in King
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.