Boulder Creek, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Boulder Creek, CA Real Estate Data


Boulder Creek Housing Market Information

With 5,075 people, 2,034 houses or apartments, and a median cost of homes of $745,086, 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 96.33% of the town's housing units. Other types of housing that are prevalent in Boulder Creek include duplexes, homes converted to apartments or other small apartment buildings ( 1.21%), mobile homes or trailers ( 1.17%).

Dwellings in Boulder Creek tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 59.37% 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 53.93% of the town's housing hails from this era. Other housing ages represented in Boulder Creek include homes built between 1970-1999 ( 20.90%) and housing constructed before 1939 ( 20.34%). There's also some housing in Boulder Creek built between 2000 and later ( 4.84%).

Vacant housing appears to be an issue in Boulder Creek. Fully 12.18% 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.

Boulder Creek Home Appreciation Rates

Real estate appreciation rates in Boulder Creek's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.06% during the period.

NeighborhoodScout's data show that during the latest twelve months, Boulder Creek's appreciation rate, at 5.44%, has been at or slightly above the national average. In the latest quarter, Boulder Creek's appreciation rate has been 1.52%, which annualizes to a rate of 6.22%.

Relative to California, our data show that Boulder Creek's latest annual appreciation rate is lower than 70% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$745,086

Boulder Creek, CA HOME PRICES

Value Range
> $1,457,000 4.5
$1,093,001 - $1,457,000 10.2
$728,001 - $1,093,000 35.7
$583,001 - $728,000 16.2
$437,001 - $583,000 18.2
$291,001 - $437,000 12.1
$146,001 - $291,000 0.6
$73,001 - $146,000 0.6
$0 - $73,000 1.8

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
2.44773672190666 21.9286657859974

Number Of Homes And Apartments:
2,034

Rent & Ownership

 

Average Market Rent:
$2,029 / per month

Homeownership Rate

Homeownership
Owners 76.96
Renters 23.04
Vacant 12.18

Housing Market Details

 

Age of Homes

AGE OF Boulder Creek HOMES
2000 or Newer 4.8
1970 - 1999 20.9
1940 - 1969 53.9
1939 or Older 20.3

Types of Homes

TYPE OF Boulder Creek HOMES
Single-Family 96.3
Townhomes 0.6
Small Apt. Buildings 1.2
Apt. Complexes 0.7
Mobile Homes 1.2
Other 0.0

Home Size

SIZE OF Boulder Creek HOMES
No Bedroom 4.71
1 Bedroom 14.98
2 Bedrooms 39.68
3 Bedrooms 31.87
4 Bedrooms 7.38
5 or more bedrooms 1.38

Boulder Creek 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
58.63% 2.75% 2 7
* 10 is highest

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Zip Codes in Boulder Creek, CA