Location: Yolo, CA | Metro: Yolo, CA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,660 |
| 1 Bedroom | $1,670 |
| 2 Bedrooms | $2,140 |
| 3 Bedrooms | $2,960 |
| 4 Bedrooms | $3,100 |
| 5 Bedrooms | $3,596 |
| 6 Bedrooms | $4,028 |
| 7 Bedrooms | $4,350 |
| 8 Bedrooms | $4,568 |
U.S. Census Bureau data (2024)
The real estate market in ZIP 95637, characterized by a median home value of $642,846, presents a complex scenario that landlords and small-portfolio investors must carefully consider. The absence of percentage reductions in listings and the unspecified median days on market (DOM) indicate stability, but without concrete figures, it's challenging to pinpoint the exact level of activity or urgency among sellers.
Stability in home values suggests that there is likely to be a consistent demand for housing, which could support steady rental income. However, the lack of detailed DOM data means we cannot accurately gauge the speed at which homes are selling, an important indicator of overall market health and seller confidence.
On the rental side, the Fair Market Rent (FMR) for ZIP 95637 in fiscal year 2024 is set at $1980. This figure provides a benchmark for rental rates, ensuring that properties are priced competitively and attract tenants. It's crucial for landlords to align their rental prices with the FMR to maintain occupancy levels and avoid vacancies that can impact cash flow.
For long-term investors, the setup in ZIP 95637 implies a conservative appreciation thesis. Given the stable median home values and the absence of significant price reductions, it's reasonable to expect modest growth in property values over the next 12 to 24 months. Investors should focus on maintaining properties and adjusting rental prices in line with market trends to ensure steady returns.
A key consideration for landlords and investors is the balance between home values and rental rates. With a median home value of $642,846 and an FMR of $1980, the data suggests that the area supports both homeownership and rental markets effectively. This dual support can provide a buffer against economic fluctuations, ensuring that either owning or renting out a property remains a viable investment strategy.
In summary, ZIP 95637 offers a stable environment for real estate investments, with a solid foundation in home values and competitive rental rates. Long-term investors should anticipate moderate appreciation and manage their properties to align with market standards, ensuring continued profitability and occupancy.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.