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 about Scout's Real Estate Data
With 6,238 people, 2,740 houses or apartments, and a median cost of homes of $820,139, real estate costs in Cambria 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 Cambria, accounting for 91.68% of the town's housing units. Other types of housing that are prevalent in Cambria include duplexes, homes converted to apartments or other small apartment buildings ( 3.28%), mobile homes or trailers ( 2.54%), and a few large apartment complexes or high rise apartments ( 1.29%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Cambria. Owner-occupied housing accounts for 75.04% of Cambria's homes, and 55.02% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Cambria 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 Cambria built between 1940-1969 ( 19.56%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.14%). There's also some housing in Cambria built before 1939 ( 3.12%).
A decent proportion of the Cambria housing stock is seasonally occupied. That is, homes and condos in Cambria 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 Cambria housing market speaks to its popularity as a vacation location of choice.
Appreciation rates for homes in Cambria have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 48.76%, which ranks in the top 40% nationwide. This equates to an annual average Cambria house appreciation rate of 4.05%.
Over the last year, Cambria appreciation rates have trailed the rest of the nation. In the last twelve months, Cambria's appreciation rate has been 3.51%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Cambria were at 0.89%, which equates to an annual appreciation rate of 3.61%.
Notably, Cambria's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Cambria's latest annual appreciation rate is lower than 70% of the other cities and towns in California.
Very High for Nation
High for CA