Bell, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Bell Neighborhoods Since 2000




Bell, 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

Bell Housing Market Information

With a population of 36,205, 9,008 total housing units (homes and apartments), and a median house value of $432,363, real estate costs in Bell 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 Bell, accounting for 46.17% of the city's housing units. Other types of housing that are prevalent in Bell include large apartment complexes or high rise apartments ( 23.86%), duplexes, homes converted to apartments or other small apartment buildings ( 14.98%), and a few row houses and other attached homes ( 11.67%).

Bell is dominated by renter-occupied one, two, or no bedrooms apartments. 73.01% of Bell's dwellings are rentals.

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. Bell's housing was primarily built during this period, from the '40s through the '60s. A full 55.04% of the city's housing hails from this era. Other housing ages represented in Bell include homes built between 1970-1999 ( 24.98%) and housing constructed before 1939 ( 17.29%). There's also some housing in Bell built between 2000 and later ( 2.69%).

Bell Home Appreciation Rates

Bell's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bell during the period has been just -1.62%, which is lower than 80% of US communities.

Appreciation rates are so strong in Bell that despite a nationwide downturn in the housing market, Bell real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bell appreciation rates continue to be some of the highest in America, at 7.11%, which is higher than appreciation rates in 81.96% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bell. Bell appreciation rates in the latest quarter were at 1.99%, which equates to an annual appreciation rate of 8.20%.

Importantly, this makes Bell 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 Bell'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 Bell differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bell - 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 Bell real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$432,363

Bell, CA HOME PRICES

Value Range
> $1,340,000 1.0
$1,005,001 - $1,340,000 0.9
$670,001 - $1,005,000 2.5
$536,001 - $670,000 13.9
$402,001 - $536,000 32.3
$268,001 - $402,000 29.1
$134,001 - $268,000 11.2
$67,001 - $134,000 1.0
$0 - $67,000 8.0

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
7.98078049923825 48.6772486772487

Number Of Homes And Apartments:
9,008

Bell 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
123.02% 4.76% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,349 / per month

Homeownership Rate

Homeownership
Owners 26.99
Renters 73.01
Vacant 3.90

Housing Market Details

 

Age of Homes

AGE OF Bell HOMES
2000 or Newer 2.7
1970 - 1999 25.0
1940 - 1969 55.0
1939 or Older 17.3

Types of Homes

TYPE OF Bell HOMES
Single-Family 46.2
Townhomes 11.7
Small Apt. Buildings 15.0
Apt. Complexes 23.9
Mobile Homes 3.2
Other 0.1

Home Size

SIZE OF Bell HOMES
No Bedroom 6.20
1 Bedroom 27.53
2 Bedrooms 41.00
3 Bedrooms 19.75
4 Bedrooms 5.09
5 or more bedrooms 0.44