Coachella, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Coachella Neighborhoods Since 2000




Coachella, CA Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Coachella Housing Market Information

With a population of 44,635, 10,429 total housing units (homes and apartments), and a median house value of $224,437, Coachella real estate values are some of the lowest in California, although compared to real estate around the nation, Coachella homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Coachella, accounting for 74.11% of the city's housing units. Other types of housing that are prevalent in Coachella include large apartment complexes or high rise apartments ( 11.67%), duplexes, homes converted to apartments or other small apartment buildings ( 8.58%), and a few mobile homes or trailers ( 4.20%).

The most prevalent building size and type in Coachella are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.15% owning and 36.85% renting.

Coachella homes and real estate are some of the newest in America. 51.08% of Coachella's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Coachella real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 36.03%), and between 1940-1969 ( 11.62%). There's also some housing in Coachella built before 1939 ( 1.27%).

Coachella Home Appreciation Rates

Homes have actually lost value in Coachella over the last then years, as home values have seen a decline of 31.05% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Coachella home appreciation rates at 2.02%, which equates to an annual appreciation rate of 8.32%.

Appreciation rates are so strong in Coachella that despite a nationwide downturn in the housing market, Coachella real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Coachella appreciation rates continue to be some of the highest in America, at 10.87%, which is higher than appreciation rates in 95.80% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Coachella. Coachella appreciation rates in the latest quarter were at 2.02%, which equates to an annual appreciation rate of 8.32%.

Importantly, this makes Coachella 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 Coachella's latest annual appreciation rate is higher than 90% 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 Coachella differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Coachella - 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 Coachella real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$224,437

Coachella, CA HOME PRICES

Value Range
> $1,490,000 0.7
$1,118,001 - $1,490,000 0.7
$745,001 - $1,118,000 0.7
$596,001 - $745,000 0.7
$447,001 - $596,000 2.9
$298,001 - $447,000 13.9
$149,001 - $298,000 58.2
$75,001 - $149,000 16.9
$0 - $75,000 5.3

Very Low for CA
High for Nation

Value Relative to Nation Value Relative to State
26.8838626508848 82.1428571428571

Number Of Homes And Apartments:
10,429

Coachella Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
78.78% 3.43% 5 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,084 / per month

Homeownership Rate

Homeownership
Owners 63.15
Renters 36.85
Vacant 7.10

Housing Market Details

 

Age of Homes

AGE OF Coachella HOMES
2000 or Newer 51.1
1970 - 1999 36.0
1940 - 1969 11.6
1939 or Older 1.3

Types of Homes

TYPE OF Coachella HOMES
Single-Family 74.1
Townhomes 1.4
Small Apt. Buildings 8.6
Apt. Complexes 11.7
Mobile Homes 4.2
Other 0.0

Home Size

SIZE OF Coachella HOMES
No Bedroom 1.18
1 Bedroom 3.47
2 Bedrooms 15.35
3 Bedrooms 42.38
4 Bedrooms 29.04
5 or more bedrooms 8.57