Baldwin Park, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Baldwin Park, CA Real Estate Data


Baldwin Park Housing Market Information

With 77,071 people, 17,434 houses or apartments, and a median cost of homes of $400,497, real estate costs in Baldwin Park 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 Baldwin Park, accounting for 70.90% of the city's housing units. Other types of housing that are prevalent in Baldwin Park include large apartment complexes or high rise apartments ( 14.63%), row houses and other attached homes ( 8.67%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.12%).

The most prevalent building size and type in Baldwin Park are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.31% owning and 41.69% 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. Baldwin Park's housing was primarily built during this period, from the '40s through the '60s. A full 55.06% of the city's housing hails from this era. Other housing ages represented in Baldwin Park include homes built between 1970-1999 ( 34.21%) and housing constructed between 2000 and later ( 6.12%). There's also some housing in Baldwin Park built before 1939 ( 4.61%).

Baldwin Park Home Appreciation Rates

Baldwin Park's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Baldwin Park during the period has been just -1.22%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Baldwin Park's appreciation rate, at 5.26%, has been at or slightly above the national average. In the latest quarter, Baldwin Park's appreciation rate has been 1.34%, which annualizes to a rate of 5.46%.

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

Average Home Values

 

Median Home Value:
$400,497

Baldwin Park, CA HOME PRICES

Value Range
> $1,369,000 0.7
$1,027,001 - $1,369,000 0.2
$685,001 - $1,027,000 2.8
$547,001 - $685,000 9.0
$411,001 - $547,000 34.1
$274,001 - $411,000 39.5
$137,001 - $274,000 9.5
$68,001 - $137,000 1.0
$0 - $68,000 3.2

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
9.70310944545295 52.9722589167768

Number Of Homes And Apartments:
17,434

Rent & Ownership

 

Average Market Rent:
$1,518 / per month

Homeownership Rate

Homeownership
Owners 58.31
Renters 41.69
Vacant 4.93

Housing Market Details

 

Age of Homes

AGE OF Baldwin Park HOMES
2000 or Newer 6.1
1970 - 1999 34.2
1940 - 1969 55.1
1939 or Older 4.6

Types of Homes

TYPE OF Baldwin Park HOMES
Single-Family 70.9
Townhomes 8.7
Small Apt. Buildings 4.1
Apt. Complexes 14.6
Mobile Homes 1.6
Other 0.1

Home Size

SIZE OF Baldwin Park HOMES
No Bedroom 1.15
1 Bedroom 10.12
2 Bedrooms 30.07
3 Bedrooms 40.80
4 Bedrooms 14.86
5 or more bedrooms 3.00

Baldwin Park Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
135.91% 5.18% 10 10
* 10 is highest