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 about Scout's Real Estate Data
With a population of 350,365, 101,658 total housing units (homes and apartments), and a median house value of $642,221, real estate costs in Anaheim 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 Anaheim, accounting for 40.75% of the city's housing units. Other types of housing that are prevalent in Anaheim include large apartment complexes or high rise apartments ( 36.66%), duplexes, homes converted to apartments or other small apartment buildings ( 10.91%), and a few row houses and other attached homes ( 8.34%).
People in Anaheim primarily live in small (one, two or no bedroom) single-family detached homes. Anaheim has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Anaheim 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 Anaheim built between 1940-1969 ( 42.40%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.86%). There's also some housing in Anaheim built before 1939 ( 2.44%).
In the last 10 years, Anaheim has experienced some of the highest home appreciation rates of any community in the nation. Anaheim real estate appreciated 70.92% over the last ten years, which is an average annual home appreciation rate of 5.51%, putting Anaheim in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Anaheim definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Anaheim appreciation rates have trailed the rest of the nation. In the last twelve months, Anaheim's appreciation rate has been 4.88%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Anaheim were at 1.50%, which equates to an annual appreciation rate of 6.15%.
Notably, Anaheim's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Anaheim's latest annual appreciation rate is lower than 60% of the other cities and towns in California.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Anaheim differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Anaheim - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Anaheim real estate investment or home purchase decisions.
Very High for Nation
High for CA