Alpine, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Alpine, CA Real Estate Data


Alpine Housing Market Information

With a population of 14,783, 5,423 total housing units (homes and apartments), and a median house value of $599,991, 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 -1.96%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Alpine's appreciation rate, at 5.24%, has been at or slightly above the national average. In the latest quarter, Alpine's appreciation rate has been 1.25%, which annualizes to a rate of 5.11%.

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:
$599,991

Alpine, CA HOME PRICES

Value Range
> $1,239,000 1.9
$929,001 - $1,239,000 5.5
$619,001 - $929,000 33.7
$496,001 - $619,000 18.1
$372,001 - $496,000 15.3
$248,001 - $372,000 9.9
$124,001 - $248,000 6.6
$62,001 - $124,000 2.9
$0 - $62,000 5.6

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
3.82046173678659 28.968253968254

Number Of Homes And Apartments:
5,423

Rent & Ownership

 

Average Market Rent:
$1,819 / 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

Alpine Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
62.56% 2.86% 3 8
* 10 is highest

Popular Neighborhoods in Alpine

Zip Codes in Alpine, CA