California: Essential home buying resources
Jul 3, 2025
•1-minute read
Looking to buy a home in California? Rocket Mortgage® can help you get there. Find trusted resources, mortgage advice, and local housing information tailored to California buyers.
Buying a home in California: By the numbers
- Median sale price: $859,100
- Percentage of homes with price drops: 30%
- Percentage of homes sold over asking: 40.4%
- Median days on market: 31
Source: May 2025 data from Redfin
Resource list for California home buyers
- 30-year fixed
- 15-year fixed
- Jumbo Smart loan
- ONE+ by Rocket Mortgage
- HomeReady® and Home Possible®
- FHA loan
- VA loan
- Adjustable-rate mortgage (ARM)
- Home equity loan
- California public servant mortgage programs
- Down payment assistance
- RentRewards
- Native American home loans
- Escrow waiver
- California finance lender disclosure
- California property tax estimates
- California FAIR Plan insurance
If you’re ready to get approved, Rocket Mortgage® has the resources to help you.
Miranda Crace
Miranda Crace is a Senior Section Editor for the Rocket Companies, bringing a wealth of knowledge about mortgages, personal finance, real estate, and personal loans for over 10 years. Miranda is dedicated to advancing financial literacy and empowering individuals to achieve their financial and homeownership goals. She graduated from Wayne State University where she studied PR Writing, Film Production, and Film Editing. Her creative talents shine through her contributions to the popular video series "Home Lore" and "The Red Desk," which were nominated for the prestigious Shorty Awards. In her spare time, Miranda enjoys traveling, actively engages in the entrepreneurial community, and savors a perfectly brewed cup of coffee.
Related Resources
9-minute read
15 first-time home buyer tips
If you're a first-time home buyer, you'll want to be prepared throughout the home buying process. Take advantage of these first-time home buyer tips.
Read more
1-minute read
Texas: Essential home buying resources
Looking to buy a home in Texas? Rocket Mortgage can help you get there. Find out what you need to know to become a homeowner in the Lone Star State.
Read more
5-minute read
Down payment assistance programs and grants: What they are and how they work
Need help buying a home? Explore the different types of down payment assistance programs and grants available to you today.
Read more