Coronado CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Coronado, 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 Q2 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

Coronado Housing Market Information

With 21,390 people, 8,396 houses or apartments, and a median cost of homes of $1,521,363, Coronado house prices are not only among the most expensive in California, Coronado real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Coronado, accounting for 46.87% of the city's housing units. Other types of housing that are prevalent in Coronado include large apartment complexes or high rise apartments ( 33.88%), row houses and other attached homes ( 12.76%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.49%).

People in Coronado primarily live in small (one, two or no bedroom) single-family detached homes. Coronado has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Coronado 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 Coronado built between 1940-1969 ( 27.37%). A lesser amount of the housing stock also hails from before 1939 ( 14.68%). There's also some housing in Coronado built between 2000 and later ( 9.29%).

Vacant housing appears to be an issue in Coronado. Fully 22.86% of the housing stock is classified as vacant. Left unchecked, vacant Coronado homes and apartments can be a drag on the real estate market, holding Coronado real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Coronado Home Appreciation Rates

In the last 10 years, Coronado has experienced some of the highest home appreciation rates of any community in the nation. Coronado real estate appreciated 56.09% over the last ten years, which is an average annual home appreciation rate of 4.55%, putting Coronado in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Coronado 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, Coronado appreciation rates have trailed the rest of the nation. In the last twelve months, Coronado's appreciation rate has been 2.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Coronado were at 1.22%, which equates to an annual appreciation rate of 4.97%.

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

Average Home Values

 

Median Home Value:
$1,521,363

Coronado, CA HOME PRICES

Value Range
> $1,091,000 73.2
$819,001 - $1,091,000 15.3
$546,001 - $819,000 5.5
$436,001 - $546,000 0.6
$327,001 - $436,000 1.1
$219,001 - $327,000 0.1
$109,001 - $219,000 3.0
$54,001 - $109,000 0.3
$0 - $54,000 0.9

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.490510948905109 5.3735255570118

Number Of Homes And Apartments:
8,396

Coronado Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
169.56% 4.96%
9
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,650 / per month

Homeownership Rate

Homeownership
Owners 43.06
Renters 56.94
Vacant 22.86

Housing Market Details

 

Age of Homes

AGE OF Coronado HOMES
2000 or Newer 9.3
1970 - 1999 48.7
1940 - 1969 27.4
1939 or Older 14.7

Types of Homes

TYPE OF Coronado HOMES
Single-Family 46.9
Townhomes 12.8
Small Apt. Buildings 6.5
Apt. Complexes 33.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Coronado HOMES
No Bedroom 4.02
1 Bedroom 13.72
2 Bedrooms 34.45
3 Bedrooms 26.89
4 Bedrooms 16.30
5 or more bedrooms 4.61