Concord, 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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Concord Housing Market Information

With a population of 129,295, 46,475 total housing units (homes and apartments), and a median house value of $535,238, real estate costs in Concord 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 Concord, accounting for 59.96% of the city's housing units. Other types of housing that are prevalent in Concord include large apartment complexes or high rise apartments ( 25.10%), duplexes, homes converted to apartments or other small apartment buildings ( 6.23%), and a few row houses and other attached homes ( 6.01%).

The most prevalent building size and type in Concord are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.33% owning and 41.67% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Concord's housing was primarily built during this period, from the '40s through the '60s. A full 47.72% of the city's housing hails from this era. Other housing ages represented in Concord include homes built between 1970-1999 ( 44.83%) and housing constructed between 2000 and later ( 5.51%). There's also some housing in Concord built before 1939 ( 1.94%).

Concord Home Appreciation Rates

In the last 10 years, Concord has experienced some of the highest home appreciation rates of any community in the nation. Concord real estate appreciated 84.50% over the last ten years, which is an average annual home appreciation rate of 6.32%, putting Concord in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Concord definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Concord appreciation rates have trailed the rest of the nation. In the last twelve months, Concord's appreciation rate has been -0.54%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Concord were at 0.01%, which equates to an annual appreciation rate of 0.03%.

Notably, Concord's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 
info

Median Home Value:
$535,238

Concord, CA HOME PRICES

> $1,187,000
2.0%
2.0%
$891,001 - $1,187,000
9.0%
9.0%
$594,001 - $891,000
33.6%
33.6%
$475,001 - $594,000
20.1%
20.1%
$356,001 - $475,000
12.3%
12.3%
$237,001 - $356,000
11.2%
11.2%
$119,001 - $237,000
6.4%
6.4%
$59,001 - $119,000
2.3%
2.3%
$0 - $59,000
3.2%
3.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Average for CA

Value Relative To Nation

Number Of Homes And Apartments:
46,475

Concord Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
110.61% 3.65%
4
9
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$2,782 / per month

Homeownership Rate

Owners
58.3%
58.3%
Renters
41.7%
41.7%
Vacant
3.6%
3.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
5.5%
5.5%
1970 - 1999
44.8%
44.8%
1940 - 1969
47.7%
47.7%
1939 or Older
1.9%
1.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
60.0%
60.0%
Townhomes
6.0%
6.0%
Small Apt. Buildings
6.2%
6.2%
Apt. Complexes
25.1%
25.1%
Mobile Homes
2.6%
2.6%
Other
0.2%
0.2%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.7%
2.7%
1 Bedroom
11.8%
11.8%
2 Bedrooms
25.6%
25.6%
3 Bedrooms
35.1%
35.1%
4 Bedrooms
21.4%
21.4%
5 or more bedrooms
3.4%
3.4%
0.0% 100.0%
% OF HOMES