Cottonwood, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Cottonwood, CA Real Estate Data


Cottonwood Housing Market Information

With 3,344 people, 1,328 houses or apartments, and a median cost of homes of $213,483, Cottonwood real estate values are some of the lowest in California, although compared to real estate around the nation, Cottonwood homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Cottonwood, accounting for 64.31% of the town's housing units. Other types of housing that are prevalent in Cottonwood include mobile homes or trailers ( 15.82%), duplexes, homes converted to apartments or other small apartment buildings ( 9.03%), and a few row houses and other attached homes ( 7.84%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Cottonwood. Owner-occupied housing accounts for 68.22% of Cottonwood's homes, and 66.27% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Cottonwood 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 Cottonwood built between 1940-1969 ( 30.02%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.82%).

Cottonwood Home Appreciation Rates

Homes have actually lost value in Cottonwood over the last then years, as home values have seen a decline of 30.16% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Cottonwood home appreciation rates at 2.28%, which equates to an annual appreciation rate of 9.44%.

Over the last year, Cottonwood appreciation rates have trailed the rest of the nation. In the last twelve months, Cottonwood's appreciation rate has been 3.07%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Cottonwood were at 2.28%, which equates to an annual appreciation rate of 9.44%.

Relative to California, our data show that Cottonwood's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$213,483

Cottonwood, CA HOME PRICES

Value Range
> $1,260,000 0.3
$945,001 - $1,260,000 0.8
$630,001 - $945,000 1.1
$504,001 - $630,000 5.6
$377,001 - $504,000 10.5
$252,001 - $377,000 23.7
$126,001 - $252,000 35.2
$63,001 - $126,000 5.4
$0 - $63,000 17.4

Very Low for CA
High for Nation

Value Relative to Nation Value Relative to State
29.9350002927915 85.7331571994716

Number Of Homes And Apartments:
1,328

Rent & Ownership

 

Average Market Rent:
$1,271 / per month

Homeownership Rate

Homeownership
Owners 68.22
Renters 31.78
Vacant 7.07

Housing Market Details

 

Age of Homes

AGE OF Cottonwood HOMES
2000 or Newer 18.8
1970 - 1999 50.3
1940 - 1969 30.0
1939 or Older 0.8

Types of Homes

TYPE OF Cottonwood HOMES
Single-Family 64.3
Townhomes 7.8
Small Apt. Buildings 9.0
Apt. Complexes 2.6
Mobile Homes 15.8
Other 0.4

Home Size

SIZE OF Cottonwood HOMES
No Bedroom 0.84
1 Bedroom 4.34
2 Bedrooms 26.94
3 Bedrooms 57.87
4 Bedrooms 8.40
5 or more bedrooms 1.61

Cottonwood Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
66.34% 3.04% 4 8
* 10 is highest

Popular Neighborhoods in Cottonwood

Zip Codes in Cottonwood, CA