Delano, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Delano Neighborhoods Since 2000




Delano, 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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Delano Housing Market Information

With a population of 52,733, 11,105 total housing units (homes and apartments), and a median house value of $206,116, 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 72.38% of the city's housing units. Other types of housing that are prevalent in Delano include large apartment complexes or high rise apartments ( 10.54%), duplexes, homes converted to apartments or other small apartment buildings ( 10.33%), and a few mobile homes or trailers ( 3.65%).

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 47.09% owning and 52.91% 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 ( 33.08%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.92%). There's also some housing in Delano built before 1939 ( 1.66%).

Delano Home Appreciation Rates

Homes have actually lost value in Delano over the last then years, as home values have seen a decline of 20.12% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Delano home appreciation rates at -0.13%, which equates to an annual appreciation rate of -0.52%.

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 8.50%, which is higher than appreciation rates in 88.93% 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 -0.13%, which equates to an annual appreciation rate of -0.52%.

Relative to California, our data show that Delano's latest annual appreciation rate is higher than 60% 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:
$206,116

Delano, CA HOME PRICES

Value Range
> $1,372,000 0.2
$1,029,001 - $1,372,000 0.0
$686,001 - $1,029,000 0.5
$548,001 - $686,000 1.6
$411,001 - $548,000 1.9
$274,001 - $411,000 20.3
$137,001 - $274,000 57.7
$69,001 - $137,000 12.6
$0 - $69,000 5.2

Very Low for CA
High for Nation

Value Relative to Nation Value Relative to State
30.7687800304699 85.5820105820106

Number Of Homes And Apartments:
11,105

Delano Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
90.29% 3.80% 6 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$995 / per month

Homeownership Rate

Homeownership
Owners 47.09
Renters 52.91
Vacant 4.83

Housing Market Details

 

Age of Homes

AGE OF Delano HOMES
2000 or Newer 18.9
1970 - 1999 46.3
1940 - 1969 33.1
1939 or Older 1.7

Types of Homes

TYPE OF Delano HOMES
Single-Family 72.4
Townhomes 3.1
Small Apt. Buildings 10.3
Apt. Complexes 10.5
Mobile Homes 3.7
Other 0.0

Home Size

SIZE OF Delano HOMES
No Bedroom 1.61
1 Bedroom 8.25
2 Bedrooms 21.12
3 Bedrooms 41.53
4 Bedrooms 24.48
5 or more bedrooms 3.00