Market Overview
Home Prices in Del Rey, CA
The median home value in Del Rey, CA is $397,068 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.2% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Del Rey are priced3% below average. Del Rey is part of the Fresno, CA metro area.
Over the past five years, Del Rey home values have risen by approximately22.1%, reflecting strong long-term appreciation in this market.
Price History
Del Rey Home Price Trend
City Comparison
Del Rey vs. National Median
At $397,068, homes in Del Rey cost 3% below the national median of $410,000. This makes Del Rey a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Del Rey?
20% Down Payment
$79,414
on $397,068
Monthly P&I
$2,071/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,630/mo
incl. taxes & insurance
Income Needed
$105,200
gross annual (30% rule)
10% Down Option
$39,707
+ PMI applies
Loan Amount (20% dn)
$317,654
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 Del Rey, CA?
The median home value in Del Rey is $397,068 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.2% year-over-year.
How much have home prices changed in Del Rey?
Over the past year, home values in Del Rey have increased by 4.2%. Over five years, prices have risen approximately 22.1%.
How much do I need to earn to buy a home in Del Rey?
To comfortably afford the median home price of $397,068 with a 20% down payment ($79,414) at today's rates (6.8%), you'd need a gross annual income of approximately $105,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Del Rey compare to the national average home price?
The national median home value is approximately $410,000. At $397,068, homes in Del Rey are 3% below the national average.
What metro area is Del Rey part of?
Del Rey is part of the Fresno, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.