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 5,075, 1,990 total housing units (homes and apartments), and a median house value of $705,242, real estate costs in Boulder Creek 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 Boulder Creek, accounting for 96.57% of the town's housing units. Other types of housing that are prevalent in Boulder Creek include mobile homes or trailers ( 1.14%), duplexes, homes converted to apartments or other small apartment buildings ( 1.14%).
Dwellings in Boulder Creek tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 59.39% of the homes in Boulder Creek have two or fewer bedrooms.
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. Boulder Creek's housing was primarily built during this period, from the '40s through the '60s. A full 52.27% of the town's housing hails from this era. Other housing ages represented in Boulder Creek include homes built before 1939 ( 24.46%) and housing constructed between 1970-1999 ( 20.99%). There's also some housing in Boulder Creek built between 2000 and later ( 2.29%).
Vacant housing appears to be an issue in Boulder Creek. Fully 12.45% of the housing stock is classified as vacant. Left unchecked, vacant Boulder Creek homes and apartments can be a drag on the real estate market, holding Boulder Creek 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.
Appreciation rates for homes in Boulder Creek have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 7.79%, which ranks in the top 40% nationwide. This equates to an annual average Boulder Creek house appreciation rate of 0.75%.
Appreciation rates are so strong in Boulder Creek that despite a nationwide downturn in the housing market, Boulder Creek real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Boulder Creek appreciation rates continue to be some of the highest in America, at 11.26%, which is higher than appreciation rates in 96.45% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Boulder Creek. Boulder Creek appreciation rates in the latest quarter were at 1.54%, which equates to an annual appreciation rate of 6.32%.
Relative to California, our data show that Boulder Creek's latest annual appreciation rate is higher than 90% of the other cities and towns in California.
|$1,077,001 - $1,436,000||11.9|
|$718,001 - $1,077,000||35.7|
|$574,001 - $718,000||16.1|
|$431,001 - $574,000||15.8|
|$287,001 - $431,000||13.7|
|$144,001 - $287,000||0.2|
|$72,001 - $144,000||1.0|
|$0 - $72,000||1.6|
|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 Boulder Creek HOMES|
|2000 or Newer||2.3|
|1970 - 1999||21.0|
|1940 - 1969||52.3|
|1939 or Older||24.5|
|TYPE OF Boulder Creek HOMES|
|Small Apt. Buildings||1.1|
|SIZE OF Boulder Creek HOMES|
|5 or more bedrooms||0.88|