I’ve called California home since 1997 and have traveled most of this state, both on pavement and off. It’s a beautiful state with so much to offer—from the towering redwoods in the north to the vast deserts in the south, and from bustling cities to quiet coastal towns. Whether I’m hiking in Yosemite, exploring the wineries of Napa, or navigating rugged trails in the Mojave, I’m constantly reminded of why California is such a special place. Beyond its natural beauty, the state’s diversity in culture, opportunities, and lifestyles makes it a magnet for people from all over the world.
California is not just the third-largest state by area, but also the most populous in the United States. Spanning 155,859.1 square miles of land and 7,834.7 square miles of water, it is bordered by Nevada, Oregon, and Arizona. With a total population of 39,538,223, according to the 2020 Census, California’s cities are as dynamic as its landscapes.
In this article, we’ll explore the top 15 most populated cities in California, detailing their populations, average home values, and how quickly homes sell. Whether you’re a current resident, planning to move, or looking to invest, understanding these cities’ unique real estate landscapes is crucial. Let’s dive in.
California’s Real Estate Landscape
California’s housing market is as diverse as its geography. From the tech-driven hubs of San Jose to the agricultural plains of Fresno, homebuyers and investors can find something to suit every need. Coastal cities like Los Angeles and San Diego offer a mix of luxury living and cultural vibrancy, while inland areas like Sacramento and Bakersfield provide more affordable options with growing economies. The state’s vastness means that climates, lifestyles, and home values can vary dramatically, giving buyers and investors a range of opportunities.
Over the past year, California has experienced notable shifts in home values. Cities like San Jose and Irvine have seen impressive increases, driven by thriving industries and high demand, while markets like Oakland have softened slightly, creating potential opportunities for savvy buyers. Across the state, homes go to pending status within a few weeks, reflecting a high level of competition and demand. This dynamic landscape highlights the importance of understanding the unique factors driving each market. Let’s break down the specifics for each city.
The Top 15 Most Populated Cities in California
1. Los Angeles (Population: 3,820,914)
Known as the entertainment capital of the world, Los Angeles offers a sprawling urban environment with diverse neighborhoods like Hollywood, Santa Monica, and Downtown LA. The average home value in LA is $952,114, reflecting a 1.5% increase over the past year. Homes typically go to pending in around 26 days. With its vibrant arts scene, endless dining options, and sunny weather, LA continues to attract both residents and investors.
2. San Diego (Population: 1,388,320)
Famous for its beaches, mild climate, and proximity to the Mexico border, San Diego is a haven for outdoor enthusiasts. The city’s average home value is $1,010,255, up 4.8% over the past year, with homes going to pending in about 23 days. Its thriving biotech and military sectors further enhance its appeal, making it a desirable location for families and professionals alike.
3. San Jose (Population: 969,655)
Situated in the heart of Silicon Valley, San Jose is synonymous with technological innovation. Its average home value of $1,432,941 marks an impressive 8.3% increase over the past year, with homes selling in just 15 days on average. While affordability remains a challenge, the city’s robust economy and job opportunities make it a top choice for tech professionals.
4. San Francisco (Population: 808,988)
With iconic landmarks like the Golden Gate Bridge and a rich cultural history, San Francisco remains a highly sought-after city. The average home value here is $1,256,316, with a modest 0.5% increase over the past year. Homes typically go to pending in 21 days. Known for its unique blend of urban charm and natural beauty, San Francisco continues to attract a mix of professionals and creatives.
5. Fresno (Population: 545,716)
Located in California’s Central Valley, Fresno is an agricultural powerhouse and an affordable option for families. The city’s average home value is $382,198, up 3.9% over the past year, and homes go to pending in about 16 days. With its family-friendly atmosphere and lower cost of living, Fresno is a growing hub for those seeking a quieter lifestyle.
6. Sacramento (Population: 526,384)
As the state capital, Sacramento boasts a rich history and a growing job market. The average home value is $481,384, reflecting a 1.6% increase, and homes go to pending in 16 days. Its proximity to both the Bay Area and Lake Tahoe makes it an attractive option for those seeking affordability without sacrificing accessibility to major attractions.
7. Long Beach (Population: 449,468)
Nestled along the coast, Long Beach offers a blend of urban amenities and beachside living. The city’s average home value is $836,321, up 3.1% over the past year, with homes going to pending in 23 days. Known for its thriving arts community and port economy, Long Beach is a vibrant place to live and work.
8. Oakland (Population: 436,504)
Oakland, just across the bay from San Francisco, is a city of diversity and resilience. The average home value here is $752,442, down 4.8% over the past year. Homes take about 31 days to go to pending, the longest among the top 15 cities. Despite this, Oakland’s cultural richness and improving infrastructure make it a city worth watching.
9. Bakersfield (Population: 413,381)
Bakersfield, known for its energy and agriculture industries, offers some of the most affordable housing in California. The average home value is $389,586, up 4.6% over the past year, and homes go to pending in 21 days. Its lower cost of living makes it a practical choice for first-time homebuyers.
10. Anaheim (Population: 340,512)
Home to Disneyland Resort, Anaheim is a family-friendly city with a booming tourism economy. The average home value is $921,443, up 6.8% over the past year, with homes going to pending in 17 days. Its mix of suburban living and world-class attractions makes Anaheim a unique and desirable place to live.
11. Stockton (Population: 319,543)
Stockton, an inland port city, has a rich history and growing economic prospects. The average home value is $441,270, reflecting a 2.2% increase over the past year, and homes go to pending in 23 days. With its affordability and improving infrastructure, Stockton is gaining traction as a viable housing market.
12. Riverside (Population: 318,858)
Riverside, the cultural hub of the Inland Empire, offers a mix of urban and suburban lifestyles. The average home value is $645,921, up 4.7% over the past year, with homes going to pending in 22 days. Its proximity to Los Angeles and outdoor recreational opportunities add to its appeal.
13. Irvine (Population: 314,621)
Known for its master-planned communities and top-rated schools, Irvine is a favorite among families and professionals. The average home value here is $1,541,386, an impressive 16.1% increase over the past year. Homes typically go to pending in 25 days. Irvine’s growth as a tech hub continues to drive demand in this market.
14. Santa Ana (Population: 310,539)
Santa Ana, with its rich Latino culture and historic charm, is a dynamic city in Orange County. The average home value is $843,550, up 7.9% over the past year, with homes going to pending in 17 days. Its proximity to Irvine and ongoing revitalization efforts make Santa Ana an increasingly attractive place to call home.
15. Chula Vista (Population: 274,333)
Located near San Diego, Chula Vista is a family-friendly city with a strong sense of community. The average home value is $848,926, up 4.8% over the past year, and homes go to pending in 19 days. With its suburban appeal and access to both urban amenities and coastal attractions, Chula Vista is a well-rounded choice for homebuyers.
Key Real Estate Takeaways
- Fastest Market: San Jose leads the pack with homes selling in just 15 days, driven by its booming tech industry.
- Most Affordable: Fresno and Bakersfield stand out for their affordability, making them ideal for first-time buyers.
- Luxury Markets: Cities like Irvine and San Francisco offer high-end living with average home values exceeding $1.25 million.
- Opportunities: Oakland’s market softening could present opportunities for buyers looking to invest in an up-and-coming area.
Tips for Navigating California’s Housing Market
- Know Your Budget: Consider the cost of living and property taxes in addition to home prices.
- Prioritize Location: Proximity to work, schools, and lifestyle amenities can significantly impact your choice.
- Work with Local Experts: Real estate agents familiar with the area can provide valuable insights.
- Stay Updated on Trends: Market conditions can change quickly, so keep an eye on the latest data.
Closing things off…
California’s top cities offer a wide range of living environments, from the bustling streets of Los Angeles to the serene neighborhoods of Fresno. Whether you’re seeking luxury, affordability, or a mix of both, the Golden State has something for everyone.
As someone who has lived here for decades, I’ve witnessed the evolution of these cities firsthand. California is more than just a place to live; it’s a lifestyle, a community, and an adventure waiting to be explored. From the tech innovation in Silicon Valley to the artistic havens of Long Beach and Oakland, each city has its own story to tell. The diversity of real estate options reflects the diversity of the people who call California home.
When navigating the housing market, take the time to consider your long-term goals and what truly matters to you. Whether you’re looking for an affordable starter home, a luxury property, or an investment opportunity, there’s no shortage of possibilities here. Ready to make your move? Embrace all that California has to offer, and start your next chapter in one of these incredible cities today.
