20 Places in California Where Home Prices Have Plummeted

shalunts / Getty Images/iStockphoto
shalunts / Getty Images/iStockphoto

California is one of the states in the U.S. where dreams really do come true. From the majestic sceneries up and down the coastline, to the variety of fresh foods, and the industries of Silicon Valley and Hollywood-California truly has it all. And it’s going to cost you to live there!

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In case you haven’t been to the Golden State in a while or checked home prices online, one thing to know before you decide to move there is that it’s expensive! Not only are essentials like gas and food more pricey, but real estate is at the top of the market.

Has your California dream turned into a nightmare? Fear not, because GOBankingRates is breaking down the eight cities in California where home prices have gone down drastically and where you could perhaps purchase your home on the West Coast state that has it all.

Tomsmith585 / Getty Images
Tomsmith585 / Getty Images

20. Castro Valley

  • May 2023 Median Sale Price: $1,137,144

  • YoY Percentage Change in Home: -10.23%

  • YoY Dollar Change In Home: -$129,595

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IrynaN / Shutterstock.com
IrynaN / Shutterstock.com

19. San Carlos

  • May 2023 Median Sale Price: $2,329,827

  • YoY Percentage Change in Home: -10.28%

  • YoY Dollar Change In Home: -$266,832

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©Shutterstock.com
©Shutterstock.com

18. South Lake Tahoe

  • May 2023 Median Sale Price: $742,692

  • YoY Percentage Change in Home: -10.41%

  • YoY Dollar Change In Home: -$77,280

Calmuziclover / Flickr.com
Calmuziclover / Flickr.com

17. Livermore

  • May 2023 Median Sale Price: $1,090,315

  • YoY Percentage Change in Home: -10.41%

  • YoY Dollar Change In Home: -$126,634

Jon Bilous / Shutterstock.com
Jon Bilous / Shutterstock.com

16. Santa Cruz

  • May 2023 Median Sale Price: $1,351,582

  • YoY Percentage Change in Home: -10.44%

  • YoY Dollar Change In Home: -$157,507

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Andrei Stanescu / Getty Images/iStockphoto
Andrei Stanescu / Getty Images/iStockphoto

15. Fremont

  • May 2023 Median Sale Price: $1,454,926

  • YoY Percentage Change in Home: -10.60%

  • YoY Dollar Change In Home: -$172,592

SpVVK / Getty Images/iStockphoto
SpVVK / Getty Images/iStockphoto

14. Mountain View

  • May 2023 Median Sale Price: $2,142,656

  • YoY Percentage Change in Home: -10.65%

  • YoY Dollar Change In Home: -$255,443

Peter Burnett / Getty Images
Peter Burnett / Getty Images

13. Willits

  • May 2023 Median Sale Price: $338,831

  • YoY Percentage Change in Home: -10.71%

  • YoY Dollar Change In Home: -$40,637

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yhelfman / Getty Images
yhelfman / Getty Images

12. San Anselmo

  • May 2023 Median Sale Price: $1,681,816

  • YoY Percentage Change in Home: -10.89

  • YoY Dollar Change In Home: -$205,599

RolfAasa / Getty Images/iStockphoto
RolfAasa / Getty Images/iStockphoto

11. Albany

  • May 2023 Median Sale Price: $1,317,489

  • YoY Percentage Change in Home: -11.24%

  • YoY Dollar Change In Home: -$166,760

HaizhanZheng / Getty Images/iStockphoto
HaizhanZheng / Getty Images/iStockphoto

10. Berkeley

  • May 2023 Median Sale Price: $1,512,749

  • YoY Percentage Change in Home: -11.41

  • YoY Dollar Change In Home: -$194,928

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©Shutterstock.com

9. San Mateo

  • May 2023 Median Sale Price: $1,708,961

  • YoY Percentage Change in Home: -11.49%

  • YoY Dollar Change In Home: -$221,902

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

8. Oakland

  • May 2023 Median Sale Price: $892,504

  • YoY Percentage Change in Home: -11.94%

  • YoY Dollar Change In Home: -$121,031

DianeBentleyRaymond / Getty Images/iStockphoto
DianeBentleyRaymond / Getty Images/iStockphoto

7. Alameda

  • May 2023 Median Sale Price: $1,282,556

  • YoY Percentage Change in Home: -12.12%

  • YoY Dollar Change In Home: -$176,822

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Sharyn Anne L / Shutterstock.com
Sharyn Anne L / Shutterstock.com

6. Pleasanton

  • May 2023 Median Sale Price: $1,599,329

  • YoY Percentage Change in Home: -12.14%

  • YoY Dollar Change In Home: -$220,909

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

5. Palo Alto

  • May 2023 Median Sale Price: $3,338,969

  • YoY Percentage Change in Home: -12.80%

  • YoY Dollar Change In Home: -$490,187

Eloi_Omella / iStock.com
Eloi_Omella / iStock.com

4. San Francisco

  • May 2023 Median Sale Price: $1,418,416

  • YoY Percentage Change in Home: -13.04%

  • YoY Dollar Change In Home: -$210,177

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©Shutterstock.com

3. East Palo Alto

  • May 2023 Median Sale Price: $976,698

  • YoY Percentage Change in Home: -13.47%

  • YoY Dollar Change In Home: -$152,059

MattGush / Getty Images/iStockphoto
MattGush / Getty Images/iStockphoto

2. Truckee

  • May 2023 Median Sale Price: $1,050,673

  • YoY Percentage Change in Home: -13.50%

  • YoY Dollar Change In Home: -$163,985

yhelfman / Getty Images/iStockphoto
yhelfman / Getty Images/iStockphoto

1. Dublin

  • May 2023 Median Sale Price: $1,341,498

  • YoY Percentage Change in Home: -15.75%

  • YoY Dollar Change In Home: -$250,795

This article originally appeared on GOBankingRates.com: 20 Places in California Where Home Prices Have Plummeted

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