Alamo, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Alamo Neighborhoods Since 2000




Alamo, CA Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Alamo Housing Market Information

With a population of 15,611, 5,433 total housing units (homes and apartments), and a median house value of $1,586,331, Alamo house prices are not only among the most expensive in California, Alamo real estate also is some of the most expensive in all of America.

Alamo is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Alamo than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Alamo. Owner-occupied housing accounts for 89.14% of Alamo's homes, and 68.95% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Alamo 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 Alamo built between 1940-1969 ( 36.68%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.94%). There's also some housing in Alamo built before 1939 ( 2.03%).

Alamo Home Appreciation Rates

In the last 10 years, Alamo has experienced some of the highest home appreciation rates of any community in the nation. Alamo real estate appreciated 25.70% over the last ten years, which is an average annual home appreciation rate of 2.31%, putting Alamo in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Alamo definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Alamo's appreciation rate, at 5.34%, has been at or slightly above the national average. In the latest quarter, Alamo's appreciation rate has been 2.03%, which annualizes to a rate of 8.39%.

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

Relative to California, our data show that Alamo's latest annual appreciation rate is lower than 80% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$1,586,331

Alamo, CA HOME PRICES

Value Range
> $1,295,000 66.1
$971,001 - $1,295,000 19.0
$647,001 - $971,000 9.7
$518,001 - $647,000 1.0
$388,001 - $518,000 0.8
$259,001 - $388,000 0.4
$129,001 - $259,000 1.9
$65,001 - $129,000 0.1
$0 - $65,000 1.1

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.322278213992734 4.36507936507936

Number Of Homes And Apartments:
5,433

Alamo Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
99.11% 4.07% 7 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$5,546 / per month

Homeownership Rate

Homeownership
Owners 89.14
Renters 10.86
Vacant 4.25

Housing Market Details

 

Age of Homes

AGE OF Alamo HOMES
2000 or Newer 6.9
1970 - 1999 54.4
1940 - 1969 36.7
1939 or Older 2.0

Types of Homes

TYPE OF Alamo HOMES
Single-Family 95.3
Townhomes 2.8
Small Apt. Buildings 0.5
Apt. Complexes 1.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Alamo HOMES
No Bedroom 0.00
1 Bedroom 1.41
2 Bedrooms 8.55
3 Bedrooms 24.59
4 Bedrooms 44.36
5 or more bedrooms 21.10