Alpine, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Alpine Neighborhoods Since 2000




Alpine, 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

Alpine Housing Market Information

With a population of 14,783, 5,423 total housing units (homes and apartments), and a median house value of $610,027, real estate costs in Alpine are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Alpine, accounting for 70.96% of the town's housing units. Other types of housing that are prevalent in Alpine include large apartment complexes or high rise apartments ( 13.69%), duplexes, homes converted to apartments or other small apartment buildings ( 6.79%), and a few mobile homes or trailers ( 4.58%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Alpine. Owner-occupied housing accounts for 68.65% of Alpine's homes, and 56.50% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Alpine 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 Alpine built between 2000 and later ( 11.85%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.31%). There's also some housing in Alpine built before 1939 ( 1.67%).

Alpine Home Appreciation Rates

Alpine's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Alpine during the period has been just -1.59%, which is lower than 80% of US communities.

Appreciation rates are so strong in Alpine that despite a nationwide downturn in the housing market, Alpine real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Alpine appreciation rates continue to be some of the highest in America, at 6.05%, which is higher than appreciation rates in 74.55% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Alpine. Alpine appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.89%.

Importantly, this makes Alpine 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 Alpine's latest annual appreciation rate is lower than 70% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$610,027

Alpine, CA HOME PRICES

Value Range
> $1,260,000 2.4
$945,001 - $1,260,000 5.5
$630,001 - $945,000 33.7
$504,001 - $630,000 18.1
$378,001 - $504,000 15.3
$252,001 - $378,000 9.9
$126,001 - $252,000 6.6
$63,001 - $126,000 2.9
$0 - $63,000 5.6

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
3.76186569787882 28.968253968254

Number Of Homes And Apartments:
5,423

Alpine 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
65.62% 2.97% 3 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,947 / per month

Homeownership Rate

Homeownership
Owners 68.65
Renters 31.35
Vacant 3.68

Housing Market Details

 

Age of Homes

AGE OF Alpine HOMES
2000 or Newer 11.8
1970 - 1999 75.2
1940 - 1969 11.3
1939 or Older 1.7

Types of Homes

TYPE OF Alpine HOMES
Single-Family 71.0
Townhomes 3.4
Small Apt. Buildings 6.8
Apt. Complexes 13.7
Mobile Homes 4.6
Other 0.6

Home Size

SIZE OF Alpine HOMES
No Bedroom 2.29
1 Bedroom 8.05
2 Bedrooms 26.87
3 Bedrooms 31.30
4 Bedrooms 25.20
5 or more bedrooms 6.29

Popular Neighborhoods in Alpine

Zip Codes in Alpine, CA