Chino Hills, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Chino Hills, CA Real Estate Data


Chino Hills Housing Market Information

With a population of 78,309, 23,039 total housing units (homes and apartments), and a median house value of $644,018, real estate costs in Chino Hills 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 Chino Hills, accounting for 80.31% of the city's housing units. Other types of housing that are prevalent in Chino Hills include large apartment complexes or high rise apartments ( 10.97%), row houses and other attached homes ( 4.08%), and a few mobile homes or trailers ( 2.36%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chino Hills. Owner-occupied housing accounts for 79.09% of Chino Hills's homes, and 71.99% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Chino Hills 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 Chino Hills built between 2000 and later ( 13.00%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.57%).

Chino Hills Home Appreciation Rates

Real estate appreciation rates in Chino Hills's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.28% during the period.

NeighborhoodScout's data show that during the latest twelve months, Chino Hills's appreciation rate, at 5.69%, has been at or slightly above the national average. In the latest quarter, Chino Hills's appreciation rate has been 1.54%, which annualizes to a rate of 6.30%.

Relative to California, our data show that Chino Hills's latest annual appreciation rate is lower than 70% 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 Chino Hills differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Chino Hills - 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 Chino Hills real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$644,018

Chino Hills, CA HOME PRICES

Value Range
> $1,320,000 3.1
$990,001 - $1,320,000 5.8
$660,001 - $990,000 38.4
$528,001 - $660,000 21.5
$396,001 - $528,000 15.3
$264,001 - $396,000 8.6
$132,001 - $264,000 4.1
$66,001 - $132,000 1.5
$0 - $66,000 1.7

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
3.40809275633894 27.3447820343461

Number Of Homes And Apartments:
23,039

Rent & Ownership

 

Average Market Rent:
$2,374 / per month

Homeownership Rate

Homeownership
Owners 79.09
Renters 20.91
Vacant 5.04

Housing Market Details

 

Age of Homes

AGE OF Chino Hills HOMES
2000 or Newer 13.0
1970 - 1999 80.5
1940 - 1969 5.6
1939 or Older 0.9

Types of Homes

TYPE OF Chino Hills HOMES
Single-Family 80.3
Townhomes 4.1
Small Apt. Buildings 2.2
Apt. Complexes 11.0
Mobile Homes 2.4
Other 0.0

Home Size

SIZE OF Chino Hills HOMES
No Bedroom 0.67
1 Bedroom 3.98
2 Bedrooms 13.80
3 Bedrooms 34.43
4 Bedrooms 37.57
5 or more bedrooms 9.56

Chino Hills 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
117.02% 4.66% 9 10
* 10 is highest