Rancho Cordova appreciation rates and housing market information

Rancho Cordova housing market information

With a population of 54,586, 21,496 total housing units (homes and apartments), and a median house value of $213,318, Rancho Cordova real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Rancho Cordova, accounting for 49.74% of the town's housing units. Other types of housing that are prevalent in Rancho Cordova include large apartment complexes or high rise apartments (25.80%), duplexes, homes converted to apartments, or other small apartment buildings (9.63%), row houses and other attached homes (8.66%), and a few mobile homes or trailers (6.07%).

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

There is a lot of housing in Rancho Cordova 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 Rancho Cordova built from 1940-1969 (40.14%). A lesser amount of the housing stock also hails from 1995 and later (4.80%), and some were built from 1939 and earlier (4.80%).

Rancho Cordova home appreciation rates

Real estate appreciation rates in Rancho Cordova have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 6.78% during the period.

Over the last year, Rancho Cordova appreciation rates have trailed the rest of the nation. In the last twelve months, Rancho Cordova's appreciation rate has been -16.48%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rancho Cordova were at 1.62%, which equates to an annual appreciation rate of 6.48%.

Relative to California, our data show that Rancho Cordova's latest annual appreciation rate is higher than 37% 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 Rancho Cordova differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rancho Cordova - 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 Rancho Cordova real estate investment or home purchase decisions.