La Presa appreciation rates and housing market information

La Presa housing market information

With 32,854 people, 6,165 houses or apartments, and a median cost of homes of $320,416, real estate costs in La Presa 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 La Presa, accounting for 63.31% of the town's housing units. Other types of housing that are prevalent in La Presa include large apartment complexes or high rise apartments (14.03%), duplexes, homes converted to apartments, or other small apartment buildings (8.52%), row houses and other attached homes (7.51%), and a few mobile homes or trailers (6.65%).

The most prevalent building size and type in La Presa are three and four bedroom single-family detached homes. The town has a mixture of owners and renters, with 60.81% owning, and 36.80% renting.

There is a lot of housing in La Presa 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 La Presa built from 1940-1969 (37.57%). A lesser amount of the housing stock also hails from 1995 and later (2.14%), and some were built from 1939 and earlier (2.14%).

La Presa home appreciation rates

Appreciation rates for homes in La Presa have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 94.49%, which ranks in the top 30% nationwide. This equates to an annual average La Presa house appreciation rate of 9.44%.

Over the last year, La Presa appreciation rates have trailed the rest of the nation. In the last twelve months, La Presa's appreciation rate has been -14.33%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in La Presa were at -0.05%, which equates to an annual appreciation rate of -0.20%.

Relative to California, our data show that La Presa's latest annual appreciation rate is higher than 56% of the other cities and towns in California.