Lakeside appreciation rates and housing market information

Lakeside housing market information

With a population of 19,528, 7,035 total housing units (homes and apartments), and a median house value of $366,808, real estate costs in Lakeside 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 Lakeside, accounting for 49.82% of the town's housing units. Other types of housing that are prevalent in Lakeside include mobile homes or trailers (21.52%), large apartment complexes or high rise apartments (18.58%), duplexes, homes converted to apartments, or other small apartment buildings (4.96%), and a few row houses and other attached homes (4.15%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Lakeside. Owner-occupied housing accounts for 66.89% of Lakeside's homes, and 53.63% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Lakeside 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 Lakeside built from 1940-1969 (26.13%). A lesser amount of the housing stock also hails from 1995 and later (6.82%), and some were built from 1939 and earlier (6.82%).

Lakeside home appreciation rates

Appreciation rates for homes in Lakeside have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 103.38%, which ranks in the top 20% nationwide. This equates to an annual average Lakeside house appreciation rate of 10.33%.

Over the last year, Lakeside appreciation rates have trailed the rest of the nation. In the last twelve months, Lakeside's appreciation rate has been -13.44%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lakeside were at 0.16%, which equates to an annual appreciation rate of 0.64%.

Relative to California, our data show that Lakeside's latest annual appreciation rate is higher than 63% of the other cities and towns in California.