El Segundo appreciation rates and housing market information

El Segundo housing market information

With a population of 15,970, 7,228 total housing units (homes and apartments), and a median house value of $849,828, El Segundo house prices are not only among the most expensive in California, El Segundo real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in El Segundo, accounting for 42.60% of the city's housing units. Other types of housing that are prevalent in El Segundo include large apartment complexes or high rise apartments (40.27%), duplexes, homes converted to apartments, or other small apartment buildings (11.25%), and a few row houses and other attached homes (5.73%).

People in El Segundo primarily live in small (one, two, or no bedroom) single-family detached homes. El Segundo 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. El Segundo's housing was primarily built during this period, from the '40s through the '60s. A full 54.87% of the city's housing hails from this era. Other housing ages represented in El Segundo include homes built between 1970-1994 (31.82%), and housing constructed from 1939 and earlier (11.76%). There's also some housing in El Segundo built between 1995 and later (1.55%).

El Segundo home appreciation rates

In the last 10 years, El Segundo has experienced some of the highest home appreciation rates of any community in the nation. El Segundo real estate appreciated 122.23% over the last ten years, which is an average annual home appreciation rate of 12.22%, putting El Segundo in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, El Segundo 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, El Segundo appreciation rates have trailed the rest of the nation. In the last twelve months, El Segundo's appreciation rate has been -15.97%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in El Segundo were at -0.95%, which equates to an annual appreciation rate of -3.80%.

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

Relative to California, our data show that El Segundo's latest annual appreciation rate is higher than 43% of the other cities and towns in California.