Blythe, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Blythe Neighborhoods Since 2000




Blythe, 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

Blythe Housing Market Information

With 19,208 people, 4,915 houses or apartments, and a median cost of homes of $145,109, Blythe real estate values are some of the lowest in California, although compared to real estate around the nation, Blythe homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Blythe, accounting for 61.82% of the city's housing units. Other types of housing that are prevalent in Blythe include large apartment complexes or high rise apartments ( 13.56%), duplexes, homes converted to apartments or other small apartment buildings ( 12.21%), and a few mobile homes or trailers ( 9.04%).

Renters dominate Blythe's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.

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. Blythe's housing was primarily built during this period, from the '40s through the '60s. A full 43.43% of the city's housing hails from this era. Other housing ages represented in Blythe include homes built between 1970-1999 ( 41.77%) and housing constructed between 2000 and later ( 11.64%). There's also some housing in Blythe built before 1939 ( 3.16%).

Vacant housing appears to be an issue in Blythe. Fully 21.52% of the housing stock is classified as vacant. Left unchecked, vacant Blythe homes and apartments can be a drag on the real estate market, holding Blythe real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Blythe Home Appreciation Rates

Homes have actually lost value in Blythe over the last then years, as home values have seen a decline of 26.10% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Blythe home appreciation rates at 2.02%, which equates to an annual appreciation rate of 8.32%.

Appreciation rates are so strong in Blythe that despite a nationwide downturn in the housing market, Blythe real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Blythe appreciation rates continue to be some of the highest in America, at 12.74%, which is higher than appreciation rates in 98.22% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Blythe. Blythe appreciation rates in the latest quarter were at 2.02%, which equates to an annual appreciation rate of 8.32%.

Importantly, this makes Blythe 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 Blythe's latest annual appreciation rate is higher 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 Blythe differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Blythe - 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 Blythe real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$145,109

Blythe, CA HOME PRICES

Value Range
> $1,267,000 0.2
$950,001 - $1,267,000 0.3
$633,001 - $950,000 1.7
$507,001 - $633,000 4.2
$380,001 - $507,000 1.6
$253,001 - $380,000 8.8
$127,001 - $253,000 47.5
$63,001 - $127,000 26.3
$0 - $63,000 9.4

Very Low for CA
Average for Nation

Value Relative to Nation Value Relative to State
52.1035977967889 95.2380952380952

Number Of Homes And Apartments:
4,915

Blythe 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
38.05% 1.89% 1 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$926 / per month

Homeownership Rate

Homeownership
Owners 32.79
Renters 67.21
Vacant 21.52

Housing Market Details

 

Age of Homes

AGE OF Blythe HOMES
2000 or Newer 11.6
1970 - 1999 41.8
1940 - 1969 43.4
1939 or Older 3.2

Types of Homes

TYPE OF Blythe HOMES
Single-Family 61.8
Townhomes 3.4
Small Apt. Buildings 12.2
Apt. Complexes 13.6
Mobile Homes 9.0
Other 0.0

Home Size

SIZE OF Blythe HOMES
No Bedroom 6.21
1 Bedroom 11.62
2 Bedrooms 27.78
3 Bedrooms 42.58
4 Bedrooms 10.76
5 or more bedrooms 1.04