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
With 58,408 people, 19,559 houses or apartments, and a median cost of homes of $1,093,940, Arcadia house prices are not only among the most expensive in California, Arcadia 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 Arcadia, accounting for 58.16% of the city's housing units. Other types of housing that are prevalent in Arcadia include large apartment complexes or high rise apartments ( 24.53%), row houses and other attached homes ( 11.41%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.75%).
The most prevalent building size and type in Arcadia are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.24% owning and 40.76% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Arcadia's housing was primarily built during this period, from the '40s through the '60s. A full 51.13% of the city's housing hails from this era. Other housing ages represented in Arcadia include homes built between 1970-1999 ( 32.89%) and housing constructed between 2000 and later ( 10.04%). There's also some housing in Arcadia built before 1939 ( 5.95%).
In the last 10 years, Arcadia has experienced some of the highest home appreciation rates of any community in the nation. Arcadia real estate appreciated 28.71% over the last ten years, which is an average annual home appreciation rate of 2.56%, putting Arcadia in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Arcadia 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, Arcadia appreciation rates have trailed the rest of the nation. In the last twelve months, Arcadia's appreciation rate has been 1.74%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Arcadia were at 1.99%, which equates to an annual appreciation rate of 8.20%.
Importantly, this makes Arcadia one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to California, our data show that Arcadia's latest annual appreciation rate is lower than 90% 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 Arcadia differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Arcadia - 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 Arcadia real estate investment or home purchase decisions.
|$907,001 - $1,209,000||23.5|
|$604,001 - $907,000||28.2|
|$484,001 - $604,000||8.5|
|$362,001 - $484,000||5.2|
|$242,001 - $362,000||0.9|
|$121,001 - $242,000||1.2|
|$60,001 - $121,000||0.7|
|$0 - $60,000||1.1|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Arcadia HOMES|
|2000 or Newer||10.0|
|1970 - 1999||32.9|
|1940 - 1969||51.1|
|1939 or Older||5.9|
|TYPE OF Arcadia HOMES|
|Small Apt. Buildings||5.8|
|SIZE OF Arcadia HOMES|
|5 or more bedrooms||9.96|