Rolling Hills Estates appreciation rates and housing market information

Rolling Hills Estates housing market information

With a population of 7,669, 2,875 total housing units (homes and apartments), and a median house value of $1,520,618, Rolling Hills Estates house prices are not only among the most expensive in California, Rolling Hills Estates 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 Rolling Hills Estates, accounting for 78.57% of the city's housing units. Other types of housing that are prevalent in Rolling Hills Estates include row houses and other attached homes (19.62%), and a few duplexes, homes converted to apartments, or other small apartment buildings (1.43%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Rolling Hills Estates. Owner-occupied housing accounts for 88.63% of Rolling Hills Estates's homes, and 76.66% have either three or four bedrooms, which is average sized relative to America.

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. Rolling Hills Estates's housing was primarily built during this period, from the '40s through the '60s. A full 57.46% of the city's housing hails from this era. Other housing ages represented in Rolling Hills Estates include homes built between 1970-1994 (39.34%), and housing constructed from 1995 and later (2.05%). There's also some housing in Rolling Hills Estates built between 1939 and earlier (1.15%).

Rolling Hills Estates home appreciation rates

In the last 10 years, Rolling Hills Estates has experienced some of the highest home appreciation rates of any community in the nation. Rolling Hills Estates real estate appreciated 144.43% over the last ten years, which is an average annual home appreciation rate of 14.44%, putting Rolling Hills Estates in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Rolling Hills Estates 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, Rolling Hills Estates appreciation rates have trailed the rest of the nation. In the last twelve months, Rolling Hills Estates's appreciation rate has been -13.75%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rolling Hills Estates were at -0.40%, which equates to an annual appreciation rate of -1.60%.

Relative to California, our data show that Rolling Hills Estates's latest annual appreciation rate is higher than 62% of the other cities and towns in California.