95212, Stockton, CA

Stockton, CA is located in the Central Valley of California and has a population of over 300,000. The median household income is $41,000 and the median home value is $130,000. Stockton has seen a decline in home values over the past few years as the market has become more competitive. In March of 2016, there were 1,814 homes for sale in Stockton and by September of 2017 that number had decreased to 1,521 homes for sale.

The average list price for a home in Stockton decreased from $158,500 in March of 2016 to $145,000 by September of 2017. The decrease in prices can be attributed to many factors including low inventory levels and increasing competition from other areas within California. Over the past few years there have been several large companies moving their headquarters or expanding their operations into Stockton which has led to an increase in job opportunities and increased demand for housing.

Despite the decline in home values over the past few years, Stockton still ranks as one of the most affordable cities within California with a median home value of $130K compared to San Francisco's $1 million median home value and Los Angeles' $2 million median home value. Additionally, Stockton's unemployment rate is lower than both San Francisco's 6% unemployment rate and Los Angeles' 5% unemployment rate.

Overall, despite recent declines in stock prices and decreasing home values within Stockton it remains one of California's most affordable cities with manageable housing costs and low unemployment rates