Housing · Running Springs

Running Springs, CA housing market

The typical Running Springs home is worth about $342,000, down 4.7% in a year, 55% below the California typical home. Homes typically sell in 35 days, close to asking.

Home values, sales, trends and how Running Springs compares with the towns next door — updated as new data is published.

The market right now

Running Springs at a glance

Typical home value
$342K
▼ 4.7% in a year · Zillow
Median sale price
$373K
May 2026 · Redfin
Days on market
35
California: 33 days
Sale-to-list
99.2%
Homes sell near asking
Homes sold
18
in May · 80 for sale
Market temperature

A balanced market

Buyer's marketBalancedSeller's market

About 4.4 months of supply: neither buyers nor sellers have a clear edge.

Ten-year trend

Typical home value, 2016–2026

Running SpringsCalifornia
$100K$200K$300K$400K$500K$600K$700K$800K 20182020202220242026 Running Springs $342K California $764K
Show as a table
JanuaryRunning SpringsCalifornia
2017$163,000$453,000
2018$213,000$501,000
2019$229,000$539,000
2020$235,000$551,000
2021$269,000$607,000
2022$349,000$703,000
2023$379,000$727,000
2024$377,000$758,000
2025$374,000$782,000
2026$347,000$767,000
August 2026$342,000$764,000
Affordability

4.2 years of income

The typical Running Springs home costs about 4.2 years of the town's median household income, less than across California (7.7 years).

How Running Springs ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
74%
California: 55.9%
Median tax bill
$2,887
California: $5,124
Median rent
$1,804
California: $2,036
Typical home built
1971
California: 1976

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $2,130

HUD's Fair Market Rent for a two-bedroom in Running Springs is $2,130 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Running Springs pay a median of $1,804, so moving in tends to cost more than staying put. A two-bedroom takes about 31% of the town's median household income, above the 30% guideline for affordable housing.

1 bedroom
$1,720
a month, with utilities
2 bedrooms
$2,130
a month, with utilities
3 bedrooms
$2,820
a month, with utilities
Share of income
31%
2 bedrooms ÷ median income

Studio $1,640 · 4 bedrooms $3,400

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (92382; Riverside-San Bernardino-Ontario, 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.

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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01