Arcata appreciation rates and housing market information

Arcata housing market information

With 16,714 people, 7,261 houses or apartments, and a median cost of homes of $286,771, Arcata real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Arcata, accounting for 45.76% of the city's housing units. Other types of housing that are prevalent in Arcata include large apartment complexes or high rise apartments (25.34%), duplexes, homes converted to apartments, or other small apartment buildings (16.07%), mobile homes or trailers (8.88%), and a few row houses and other attached homes (3.43%).

People in Arcata primarily live in small (one, two, or no bedroom) single-family detached homes. Arcata has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Arcata 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 Arcata built from 1940-1969 (35.66%). A lesser amount of the housing stock also hails from 1939 and earlier (10.74%), and some were built from 1995 and later (10.74%).

Arcata home appreciation rates

In the last 10 years, Arcata has experienced some of the highest home appreciation rates of any community in the nation. Arcata real estate appreciated 178.80% over the last ten years, which is an average annual home appreciation rate of 17.88%, putting Arcata in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Arcata definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Arcata appreciation rates have trailed the rest of the nation. In the last twelve months, Arcata's appreciation rate has been -3.06%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Arcata were at 1.42%, which equates to an annual appreciation rate of 5.68%.

Relative to California, our data show that Arcata's latest annual appreciation rate is higher than 96% of the other cities and towns in California.