Coalinga, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Coalinga, CA Real Estate Data


Coalinga Housing Market Information

With 16,564 people, 4,254 houses or apartments, and a median cost of homes of $168,153, 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 37.73% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Coalinga home appreciation rates at 0.17%, which equates to an annual appreciation rate of 0.69%.

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 0.07%, 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 0.17%, which equates to an annual appreciation rate of 0.69%.

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:
$168,153

Coalinga, CA HOME PRICES

Value Range
> $1,126,000 0.1
$845,001 - $1,126,000 0.0
$563,001 - $845,000 1.9
$450,001 - $563,000 0.8
$338,001 - $450,000 4.2
$225,001 - $338,000 19.2
$113,001 - $225,000 48.2
$56,001 - $113,000 14.4
$0 - $56,000 11.3

Very Low for CA
Average for Nation

Value Relative to Nation Value Relative to State
42.0895347474511 92.1957671957672

Number Of Homes And Apartments:
4,254

Rent & Ownership

 

Average Market Rent:
$954 / 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

Coalinga Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
42.52% 2.08% 1 5
* 10 is highest

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Zip Codes in Coalinga, CA