menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Susanville, CA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Susanville, CA Housing Market Trends

With 13,707 people, 3,447 houses or apartments, and a median cost of homes of $271,600, Susanville real estate values are some of the lowest in California, although compared to real estate around the nation, Susanville homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Susanville, accounting for 70.64% of the city's housing units. Other types of housing that are prevalent in Susanville include large apartment complexes or high rise apartments ( 13.55%), duplexes, homes converted to apartments or other small apartment buildings ( 9.80%), and a few mobile homes or trailers ( 4.61%).

Renters dominate Susanville's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.

There is a lot of housing in Susanville built from 1970 to 1999 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 Susanville built between 1940-1969 ( 34.43%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.13%). There's also some housing in Susanville built before 1939 ( 13.44%).

Vacant housing appears to be an issue in Susanville. Fully 17.60% of the housing stock is classified as vacant. Left unchecked, vacant Susanville homes and apartments can be a drag on the real estate market, holding Susanville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Susanville Home Appreciation Rates

Real estate appreciation rates in Susanville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.58% during the period.

Over the last year, Susanville appreciation rates have trailed the rest of the nation. In the last twelve months, Susanville's appreciation rate has been -0.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Susanville were at 2.50%, which equates to an annual appreciation rate of 10.36%.

Importantly, this makes Susanville one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to California, our data show that Susanville's latest annual appreciation rate is lower than 60% of the other cities and towns in California.

Average Home Values

Median Home Value

$271,600

Susanville, CA Home Prices
> $1,143,000
$857,001 - $1,143,000
$571,001 - $857,000
$457,001 - $571,000
$343,001 - $457,000
$228,001 - $343,000
$115,001 - $228,000
$57,001 - $115,000
$0 - $57,000
2.6%
2.6%
0.2%
0.2%
4.9%
4.9%
6.6%
6.6%
22.7%
22.7%
26.5%
26.5%
25.5%
25.5%
6.5%
6.5%
4.4%
4.4%
0% 100.0%
% of Homes
Very Low

for California

Average

for nation

Number of Homes And Apartments:

3,447

Susanville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,319 / per month

Homeownership Rate

Owners
Renters
31.0%
31.0%
69.0%
69.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
17.6%
17.6%
82.4%
82.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.1%
15.1%
37.0%
37.0%
34.4%
34.4%
13.4%
13.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
70.6%
70.6%
1.4%
1.4%
9.8%
9.8%
13.6%
13.6%
4.6%
4.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.0%
4.0%
12.1%
12.1%
29.9%
29.9%
39.8%
39.8%
12.0%
12.0%
2.3%
2.3%
0% 100.0%
% of Homes

Popular Neighborhoods in Susanville

Popular Communities Near Susanville, CA

Zip Codes in Susanville, CA