Chino Hills appreciation rates and housing market information

Chino Hills housing market information

With a population of 66,693, 20,678 total housing units (homes and apartments), and a median house value of $459,041, real estate costs in Chino Hills 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 Chino Hills, accounting for 81.11% of the town's housing units. Other types of housing that are prevalent in Chino Hills include large apartment complexes or high rise apartments (7.52%), row houses and other attached homes (6.65%), mobile homes or trailers (3.30%), and a few duplexes, homes converted to apartments, or other small apartment buildings (1.37%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Chino Hills. Owner-occupied housing accounts for 83.05% of Chino Hills's homes, and 69.45% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Chino Hills 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 Chino Hills built from 1995 and later (18.87%). A lesser amount of the housing stock also hails from 1940-1969 (6.52%), and some were built from 1939 and earlier (6.52%).

Chino Hills home appreciation rates

Appreciation rates for homes in Chino Hills have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 82.04%, which ranks in the top 40% nationwide. This equates to an annual average Chino Hills house appreciation rate of 8.20%.

Over the last year, Chino Hills appreciation rates have trailed the rest of the nation. In the last twelve months, Chino Hills's appreciation rate has been -27.82%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Chino Hills were at 0.98%, which equates to an annual appreciation rate of 3.92%.

Relative to California, our data show that Chino Hills's latest annual appreciation rate is higher than 10% of the other cities and towns in California.