Brawley, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Brawley Neighborhoods Since 2000




Brawley, CA Real Estate Data


Brawley Housing Market Information

With 25,897 people, 7,455 houses or apartments, and a median cost of homes of $182,956, Brawley real estate values are some of the lowest in California, although compared to real estate around the nation, Brawley homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Brawley, accounting for 67.57% of the city's housing units. Other types of housing that are prevalent in Brawley include large apartment complexes or high rise apartments ( 18.37%), duplexes, homes converted to apartments or other small apartment buildings ( 6.84%), and a few mobile homes or trailers ( 4.35%).

The most prevalent building size and type in Brawley are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.68% owning and 45.32% renting.

There is a lot of housing in Brawley 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 Brawley built between 1940-1969 ( 33.42%). A lesser amount of the housing stock also hails from between 2000 and later ( 21.36%). There's also some housing in Brawley built before 1939 ( 4.88%).

Vacant housing appears to be an issue in Brawley. Fully 12.28% of the housing stock is classified as vacant. Left unchecked, vacant Brawley homes and apartments can be a drag on the real estate market, holding Brawley 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.

Brawley Home Appreciation Rates

Homes have actually lost value in Brawley over the last then years, as home values have seen a decline of 24.16% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Brawley home appreciation rates at 2.64%, which equates to an annual appreciation rate of 10.97%.

Appreciation rates are so strong in Brawley that despite a nationwide downturn in the housing market, Brawley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Brawley appreciation rates continue to be some of the highest in America, at 6.79%, which is higher than appreciation rates in 82.79% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Brawley. Brawley appreciation rates in the latest quarter were at 2.64%, which equates to an annual appreciation rate of 10.97%.

Importantly, this makes Brawley 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 Brawley's latest annual appreciation rate is higher than 50% 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 Brawley differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Brawley - 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 Brawley real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$182,956

Brawley, CA HOME PRICES

Value Range
> $1,357,000 0.3
$1,017,001 - $1,357,000 0.2
$678,001 - $1,017,000 1.2
$543,001 - $678,000 0.8
$407,001 - $543,000 2.4
$271,001 - $407,000 16.1
$135,001 - $271,000 53.2
$68,001 - $135,000 16.1
$0 - $68,000 9.7

Very Low for CA
High for Nation

Value Relative to Nation Value Relative to State
38.3059085319436 91.4134742404227

Number Of Homes And Apartments:
7,455

Rent & Ownership

 

Average Market Rent:
$1,000 / per month

Homeownership Rate

Homeownership
Owners 54.68
Renters 45.32
Vacant 12.28

Housing Market Details

 

Age of Homes

AGE OF Brawley HOMES
2000 or Newer 21.4
1970 - 1999 40.3
1940 - 1969 33.4
1939 or Older 4.9

Types of Homes

TYPE OF Brawley HOMES
Single-Family 67.6
Townhomes 2.6
Small Apt. Buildings 6.8
Apt. Complexes 18.4
Mobile Homes 4.4
Other 0.2

Home Size

SIZE OF Brawley HOMES
No Bedroom 2.72
1 Bedroom 11.67
2 Bedrooms 25.19
3 Bedrooms 39.59
4 Bedrooms 19.34
5 or more bedrooms 1.48

Brawley 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
47.26% 2.30% 1 6
* 10 is highest