Glendale appreciation rates and housing market information

Glendale housing market information

With a population of 218,596, 79,645 total housing units (homes and apartments), and a median house value of $222,845, Glendale real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Glendale, accounting for 60.01% of the city's housing units. Other types of housing that are prevalent in Glendale include large apartment complexes or high rise apartments (24.23%), mobile homes or trailers (6.15%), row houses and other attached homes (5.16%), and a few duplexes, homes converted to apartments, or other small apartment buildings (4.37%).

The most prevalent building size and type in Glendale are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 61.73% owning, and 33.28% renting.

There is a lot of housing in Glendale built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Glendale built from 1995 and later (18.71%). A lesser amount of the housing stock also hails from 1940-1969 (12.57%), and some were built from 1939 and earlier (12.57%).

Glendale home appreciation rates

Real estate appreciation rates in Glendale have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 6.78% during the period.

Over the last year, Glendale appreciation rates have trailed the rest of the nation. In the last twelve months, Glendale's appreciation rate has been -18.56%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Glendale were at -1.61%, which equates to an annual appreciation rate of -6.44%.

Notably, Glendale's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Arizona, our data show that Glendale's latest annual appreciation rate is higher than 4% of the other cities and towns in Arizona.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Glendale differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Glendale - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Glendale real estate investment or home purchase decisions.