Aptos, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Aptos Neighborhoods Since 2000




Aptos, 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

Aptos Housing Market Information

With 6,412 people, 2,405 houses or apartments, and a median cost of homes of $903,585, Aptos house prices are not only among the most expensive in California, Aptos real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Aptos, accounting for 74.99% of the town's housing units. Other types of housing that are prevalent in Aptos include duplexes, homes converted to apartments or other small apartment buildings ( 7.43%), mobile homes or trailers ( 7.01%), and a few large apartment complexes or high rise apartments ( 5.81%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Aptos. Owner-occupied housing accounts for 73.76% of Aptos's homes, and 63.22% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Aptos 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 Aptos built between 1940-1969 ( 39.72%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.87%). There's also some housing in Aptos built before 1939 ( 4.18%).

Aptos Home Appreciation Rates

Appreciation rates for homes in Aptos have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.13%, which ranks in the top 40% nationwide. This equates to an annual average Aptos house appreciation rate of 0.78%.

Appreciation rates are so strong in Aptos that despite a nationwide downturn in the housing market, Aptos real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Aptos appreciation rates continue to be some of the highest in America, at 9.74%, which is higher than appreciation rates in 93.13% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Aptos. Aptos appreciation rates in the latest quarter were at 1.54%, which equates to an annual appreciation rate of 6.32%.

Relative to California, our data show that Aptos's latest annual appreciation rate is higher than 80% 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 town. Individual neighborhoods within Aptos differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Aptos - 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 Aptos real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$903,585

Aptos, CA HOME PRICES

Value Range
> $1,342,000 13.9
$1,007,001 - $1,342,000 20.4
$671,001 - $1,007,000 37.9
$537,001 - $671,000 8.0
$403,001 - $537,000 8.3
$269,001 - $403,000 5.5
$134,001 - $269,000 2.1
$67,001 - $134,000 0.8
$0 - $67,000 3.1

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
1.41216453767725 14.9470899470899

Number Of Homes And Apartments:
2,405

Aptos 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
70.21% 3.13% 3 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,476 / per month

Homeownership Rate

Homeownership
Owners 73.76
Renters 26.24
Vacant 6.89

Housing Market Details

 

Age of Homes

AGE OF Aptos HOMES
2000 or Newer 9.9
1970 - 1999 46.2
1940 - 1969 39.7
1939 or Older 4.2

Types of Homes

TYPE OF Aptos HOMES
Single-Family 75.0
Townhomes 4.8
Small Apt. Buildings 7.4
Apt. Complexes 5.8
Mobile Homes 7.0
Other 0.0

Home Size

SIZE OF Aptos HOMES
No Bedroom 2.17
1 Bedroom 7.16
2 Bedrooms 25.24
3 Bedrooms 41.70
4 Bedrooms 21.53
5 or more bedrooms 2.21