Arden-Arcade appreciation rates and housing market information

Arden-Arcade housing market information

With 96,004 people, 44,754 houses or apartments, and a median cost of homes of $318,429, real estate costs in Arden-Arcade are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

single-family detached homes are the single most common housing type in Arden-Arcade, accounting for 47.40% of the town's housing units. Other types of housing that are prevalent in Arden-Arcade include large apartment complexes or high rise apartments (36.53%), duplexes, homes converted to apartments, or other small apartment buildings (8.83%), row houses and other attached homes (6.39%), and a few mobile homes or trailers (0.65%).

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

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Arden-Arcade's housing was primarily built during this period, from the '40s through the '60s. A full 60.35% of the town's housing hails from this era. Other housing ages represented in Arden-Arcade include homes built between 1970-1994 (37.01%), and housing constructed from 1939 and earlier (1.82%). There's also some housing in Arden-Arcade built between 1995 and later (.82%).

Arden-Arcade home appreciation rates

Appreciation rates for homes in Arden-Arcade have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 78.33%, which ranks in the top 40% nationwide. This equates to an annual average Arden-Arcade house appreciation rate of 7.83%.

Over the last year, Arden-Arcade appreciation rates have trailed the rest of the nation. In the last twelve months, Arden-Arcade's appreciation rate has been -15.42%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Arden-Arcade were at 1.89%, which equates to an annual appreciation rate of 7.56%.

Importantly, this makes Arden-Arcade one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to California, our data show that Arden-Arcade's latest annual appreciation rate is higher than 47% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Arden-Arcade differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Arden-Arcade - 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 Arden-Arcade real estate investment or home purchase decisions.