Coalinga, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Coalinga Neighborhoods Since 2000




Coalinga, 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

Coalinga Housing Market Information

With a population of 16,564, 4,254 total housing units (homes and apartments), and a median house value of $172,183, Coalinga real estate values are some of the lowest in California, although compared to real estate around the nation, Coalinga homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Coalinga, accounting for 66.17% of the city's housing units. Other types of housing that are prevalent in Coalinga include duplexes, homes converted to apartments or other small apartment buildings ( 15.23%), large apartment complexes or high rise apartments ( 8.77%), and a few mobile homes or trailers ( 5.34%).

The most prevalent building size and type in Coalinga are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 38.09% owning and 61.91% renting.

There is a lot of housing in Coalinga 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 Coalinga built between 1940-1969 ( 24.96%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.55%). There's also some housing in Coalinga built before 1939 ( 8.94%).

Coalinga Home Appreciation Rates

Homes have actually lost value in Coalinga over the last then years, as home values have seen a decline of 35.24% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Coalinga home appreciation rates at 2.10%, which equates to an annual appreciation rate of 8.66%.

Over the last year, Coalinga appreciation rates have trailed the rest of the nation. In the last twelve months, Coalinga's appreciation rate has been 3.08%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Coalinga were at 2.10%, which equates to an annual appreciation rate of 8.66%.

Importantly, this makes Coalinga 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 Coalinga's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$172,183

Coalinga, CA HOME PRICES

Value Range
> $1,153,000 0.1
$865,001 - $1,153,000 0.0
$577,001 - $865,000 1.9
$461,001 - $577,000 0.8
$346,001 - $461,000 4.2
$231,001 - $346,000 19.2
$116,001 - $231,000 48.2
$58,001 - $116,000 14.4
$0 - $58,000 11.3

Very Low for CA
Average for Nation

Value Relative to Nation Value Relative to State
40.8062814953709 91.9312169312169

Number Of Homes And Apartments:
4,254

Coalinga 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
46.19% 2.23% 1 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,018 / per month

Homeownership Rate

Homeownership
Owners 38.09
Renters 61.91
Vacant 4.87

Housing Market Details

 

Age of Homes

AGE OF Coalinga HOMES
2000 or Newer 16.5
1970 - 1999 49.6
1940 - 1969 25.0
1939 or Older 8.9

Types of Homes

TYPE OF Coalinga HOMES
Single-Family 66.2
Townhomes 4.5
Small Apt. Buildings 15.2
Apt. Complexes 8.8
Mobile Homes 5.3
Other 0.0

Home Size

SIZE OF Coalinga HOMES
No Bedroom 2.66
1 Bedroom 8.23
2 Bedrooms 31.37
3 Bedrooms 41.99
4 Bedrooms 13.66
5 or more bedrooms 2.08

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Zip Codes in Coalinga, CA