Big Bear City, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Big Bear City, CA Real Estate Data


Big Bear City Housing Market Information

With 12,707 people, 5,054 houses or apartments, and a median cost of homes of $288,492, Big Bear City real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Big Bear City, accounting for 95.31% of the town's housing units. Other types of housing that are prevalent in Big Bear City include mobile homes or trailers ( 3.10%), duplexes, homes converted to apartments or other small apartment buildings ( 1.25%).

People in Big Bear City primarily live in small (one, two or no bedroom) single-family detached homes. Big Bear City has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Big Bear City 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 Big Bear City built between 1940-1969 ( 27.71%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.05%). There's also some housing in Big Bear City built before 1939 ( 3.57%).

A decent proportion of the Big Bear City housing stock is seasonally occupied. That is, homes and condos in Big Bear City 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 Big Bear City housing market speaks to its popularity as a vacation location of choice.

Big Bear City Home Appreciation Rates

Homes have actually lost value in Big Bear City over the last then years, as home values have seen a decline of 28.23% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Big Bear City home appreciation rates at 1.54%, which equates to an annual appreciation rate of 6.30%.

NeighborhoodScout's data show that during the latest twelve months, Big Bear City's appreciation rate, at 5.28%, has been at or slightly above the national average. In the latest quarter, Big Bear City's appreciation rate has been 1.54%, which annualizes to a rate of 6.30%.

Relative to California, our data show that Big Bear City's latest annual appreciation rate is lower than 80% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$288,492

Big Bear City, CA HOME PRICES

Value Range
> $1,339,000 1.2
$1,005,001 - $1,339,000 0.8
$669,001 - $1,005,000 8.2
$536,001 - $669,000 3.1
$402,001 - $536,000 14.2
$268,001 - $402,000 24.9
$134,001 - $268,000 37.3
$67,001 - $134,000 8.0
$0 - $67,000 2.2

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
18.0886572583006 70.5416116248349

Number Of Homes And Apartments:
5,054

Rent & Ownership

 

Average Market Rent:
$1,244 / per month

Homeownership Rate

Homeownership
Owners 62.15
Renters 37.85
Vacant 58.87

Housing Market Details

 

Age of Homes

AGE OF Big Bear City HOMES
2000 or Newer 9.0
1970 - 1999 59.7
1940 - 1969 27.7
1939 or Older 3.6

Types of Homes

TYPE OF Big Bear City HOMES
Single-Family 95.3
Townhomes 0.2
Small Apt. Buildings 1.3
Apt. Complexes 0.1
Mobile Homes 3.1
Other 0.0

Home Size

SIZE OF Big Bear City HOMES
No Bedroom 1.98
1 Bedroom 11.65
2 Bedrooms 46.61
3 Bedrooms 32.45
4 Bedrooms 6.33
5 or more bedrooms 0.98

Big Bear City 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
77.68% 3.44% 5 9
* 10 is highest

Popular Neighborhoods in Big Bear City

Zip Codes in Big Bear City, CA