California’s Home Values and Mortgage Balances Over 5 Years

Avg home value in 2025: ~$800K
Change: ↑ 40% from ~$564K in 2020
Avg mortgage balance in 2025: ~$450K
Change: ↑ 21% from ~$372K in 2020
US national 5-yr growth:
• Home value: ↑ 40%
• Mortgage balance: ↑ 24%