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 a population of 3,763, 1,295 total housing units (homes and apartments), and a median house value of $414,943, real estate costs in Arnold 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 Arnold, accounting for 94.84% of the town's housing units. Other types of housing that are prevalent in Arnold include mobile homes or trailers ( 2.58%), large apartment complexes or high rise apartments ( 1.47%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Arnold. Owner-occupied housing accounts for 74.52% of Arnold's homes, and 63.27% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Arnold 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 Arnold built between 1940-1969 ( 23.84%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.28%).
A decent proportion of the Arnold housing stock is seasonally occupied. That is, homes and condos in Arnold are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Arnold housing market speaks to its popularity as a vacation location of choice.
Arnold's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Arnold during the period has been just -2.09%, which is lower than 80% of US communities.
Appreciation rates are so strong in Arnold that despite a nationwide downturn in the housing market, Arnold real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Arnold appreciation rates continue to be some of the highest in America, at 6.44%, which is higher than appreciation rates in 77.47% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Arnold. Arnold appreciation rates in the latest quarter were at 1.82%, which equates to an annual appreciation rate of 7.47%.
Importantly, this makes Arnold 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 Arnold's latest annual appreciation rate is lower than 70% of the other cities and towns in California.
|$927,001 - $1,237,000||2.0|
|$618,001 - $927,000||6.0|
|$495,001 - $618,000||20.4|
|$371,001 - $495,000||22.6|
|$247,001 - $371,000||24.8|
|$124,001 - $247,000||14.1|
|$62,001 - $124,000||1.3|
|$0 - $62,000||8.3|
|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 Arnold HOMES|
|2000 or Newer||9.3|
|1970 - 1999||66.6|
|1940 - 1969||23.8|
|1939 or Older||0.2|
|TYPE OF Arnold HOMES|
|Small Apt. Buildings||0.6|
|SIZE OF Arnold HOMES|
|5 or more bedrooms||0.55|