Market Overview
Home Prices in Calpine, CA
The median home value in Calpine, CA is $385,687 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.2% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Calpine are priced6% below average.
Over the past five years, Calpine home values have risen by approximately11.3%, reflecting steady appreciation in this market.
Price History
Calpine Home Price Trend
2020
$276,547
$277K
—
2021
$346,416
$346K
+25.3%
2022
$404,847
$405K
+16.9%
2023
$385,924
$386K
-4.7%
2024
$384,470
$384K
-0.4%
2025
$386,649
$387K
+0.6%
2026
$385,687
$386K
-0.2%
City Comparison
Calpine vs. National Median
🏠 Calpine
$385,687
National Median
$410,000
At $385,687, homes in Calpine cost 6% below the national median of $410,000. This makes Calpine a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Calpine?
20% Down Payment
$77,137
on $385,687
Monthly P&I
$2,012/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,555/mo
incl. taxes & insurance
Income Needed
$102,200
gross annual (30% rule)
10% Down Option
$38,569
+ PMI applies
Loan Amount (20% dn)
$308,550
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Calpine, CA?
The median home value in Calpine is $385,687 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.2% year-over-year.
How much have home prices changed in Calpine?
Over the past year, home values in Calpine have decreased by 0.2%. Over five years, prices have risen approximately 11.3%.
How much do I need to earn to buy a home in Calpine?
To comfortably afford the median home price of $385,687 with a 20% down payment ($77,137) at today's rates (6.8%), you'd need a gross annual income of approximately $102,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Calpine compare to the national average home price?
The national median home value is approximately $410,000. At $385,687, homes in Calpine are 6% below the national average.