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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 33,166 people, 7,732 houses or apartments, and a median cost of homes of $157,533, Adelanto real estate values are some of the lowest in California, although compared to real estate around the nation, Adelanto homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Adelanto, accounting for 80.15% of the city's housing units. Other types of housing that are prevalent in Adelanto include large apartment complexes or high rise apartments ( 10.69%), duplexes, homes converted to apartments or other small apartment buildings ( 4.29%), and a few mobile homes or trailers ( 4.26%).
The most prevalent building size and type in Adelanto are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.76% owning and 51.24% renting.
There is a lot of housing in Adelanto 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 Adelanto built between 2000 and later ( 40.79%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.70%). There's also some housing in Adelanto built before 1939 ( 2.34%).
Vacant housing appears to be an issue in Adelanto. Fully 13.60% of the housing stock is classified as vacant. Left unchecked, vacant Adelanto homes and apartments can be a drag on the real estate market, holding Adelanto 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.
Homes have actually lost value in Adelanto over the last then years, as home values have seen a decline of 41.36% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Adelanto home appreciation rates at 2.02%, which equates to an annual appreciation rate of 8.32%.
Appreciation rates are so strong in Adelanto that despite a nationwide downturn in the housing market, Adelanto real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Adelanto appreciation rates continue to be some of the highest in America, at 8.41%, which is higher than appreciation rates in 88.55% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Adelanto. Adelanto appreciation rates in the latest quarter were at 2.02%, which equates to an annual appreciation rate of 8.32%.
Importantly, this makes Adelanto 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 Adelanto's latest annual appreciation rate is higher than 60% of the other cities and towns in California.
|$1,114,001 - $1,486,000||0.0|
|$743,001 - $1,114,000||1.5|
|$594,001 - $743,000||1.2|
|$446,001 - $594,000||2.3|
|$297,001 - $446,000||6.2|
|$149,001 - $297,000||39.8|
|$74,001 - $149,000||35.9|
|$0 - $74,000||13.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Adelanto HOMES|
|2000 or Newer||40.8|
|1970 - 1999||48.2|
|1940 - 1969||8.7|
|1939 or Older||2.3|
|TYPE OF Adelanto HOMES|
|Small Apt. Buildings||4.3|
|SIZE OF Adelanto HOMES|
|5 or more bedrooms||10.28|