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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Delano, CA Real Estate Market

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 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Delano, CA Housing Market Trends

With 50,843 people, 11,500 houses or apartments, and a median cost of homes of $353,459, Delano real estate values are some of the lowest in California, although compared to real estate around the nation, Delano homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Delano, accounting for 75.97% of the city's housing units. Other types of housing that are prevalent in Delano include large apartment complexes or high rise apartments ( 10.48%), duplexes, homes converted to apartments or other small apartment buildings ( 8.23%), and a few mobile homes or trailers ( 4.35%).

The most prevalent building size and type in Delano are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.13% owning and 46.87% renting.

There is a lot of housing in Delano 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 Delano built between 1940-1969 ( 30.32%). A lesser amount of the housing stock also hails from between 2000 and later ( 21.73%). There's also some housing in Delano built before 1939 ( 3.49%).

Delano Home Appreciation Rates

In the last 10 years, Delano has experienced some of the highest home appreciation rates of any community in the nation. Delano real estate appreciated 135.86% over the last ten years, which is an average annual home appreciation rate of 8.96%, putting Delano in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Delano definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Delano that despite a nationwide downturn in the housing market, Delano real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Delano appreciation rates continue to be some of the highest in America, at 13.22%, which is higher than appreciation rates in 80.34% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Delano. Delano appreciation rates in the latest quarter were at 8.62%, which equates to an annual appreciation rate of 39.21%.

Importantly, NeighborhoodScout’s exclusive research found that Delano's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

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

Average Home Values

Median Home Value

$353,459

Delano, CA Home Prices
> $1,392,000
$1,044,001 - $1,392,000
$696,001 - $1,044,000
$557,001 - $696,000
$417,001 - $557,000
$278,001 - $417,000
$139,001 - $278,000
$70,001 - $139,000
$0 - $70,000
1.3%
1.3%
0.2%
0.2%
3.4%
3.4%
4.3%
4.3%
14.8%
14.8%
47.7%
47.7%
24.3%
24.3%
0.4%
0.4%
3.6%
3.6%
0% 100.0%
% of Homes
Very Low

for California

High

for nation

Number of Homes And Apartments:

11,500

Delano Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,568 / per month

Homeownership Rate

Owners
Renters
53.1%
53.1%
46.9%
46.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.5%
4.5%
95.5%
95.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
21.7%
21.7%
44.5%
44.5%
30.3%
30.3%
3.5%
3.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
76.0%
76.0%
1.0%
1.0%
8.2%
8.2%
10.5%
10.5%
4.3%
4.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.2%
2.2%
6.7%
6.7%
20.6%
20.6%
41.1%
41.1%
27.9%
27.9%
1.4%
1.4%
0% 100.0%
% of Homes