Investor-grade market analytics for Salinas, California. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$854,728
-0.3% year-over-year
4.1%
gross annual
-5.9%
base case (Zillow ZHVF)
-5.9% year-over-year
Migration: Top 97% nationally
In-migrants avg $109,352 AGI vs out-migrants $71,609
Opportunity Zone Market
9 ZIP codes in Salinas are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Salinas, CA is experiencing a correction with -0.3% year-over-year decline, signaling a buyer's market with softening demand. Affordability pressure is significant: the price-to-income ratio of 9.05x well exceeds the national average of 4.8x. Net negative migration (-1,778 returns/year) is reducing housing demand pressure. Climate risk is elevated (70/100), which may impact insurance costs and long-term property values. Rental yield of 4.08% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Salinas, CA's primary climate exposure is flooding (70/100). The composite climate risk score of 70/100 (High) indicates overall risk which may increase insurance premiums and impact property values over time. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.