Delhi, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Delhi Neighborhoods Since 2000




Delhi, 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

Delhi Housing Market Information

With a population of 11,324, 2,767 total housing units (homes and apartments), and a median house value of $213,710, Delhi real estate values are some of the lowest in California, although compared to real estate around the nation, Delhi homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Delhi, accounting for 88.43% of the town's housing units. Other types of housing that are prevalent in Delhi include mobile homes or trailers ( 5.99%), large apartment complexes or high rise apartments ( 3.79%), and a few row houses and other attached homes ( 1.79%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Delhi. Owner-occupied housing accounts for 69.79% of Delhi's homes, and 77.71% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Delhi 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 Delhi built between 2000 and later ( 25.67%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.86%). There's also some housing in Delhi built before 1939 ( 2.23%).

Delhi Home Appreciation Rates

Homes have actually lost value in Delhi over the last then years, as home values have seen a decline of 29.47% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Delhi home appreciation rates at 2.86%, which equates to an annual appreciation rate of 11.95%.

Appreciation rates are so strong in Delhi that despite a nationwide downturn in the housing market, Delhi real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Delhi appreciation rates continue to be some of the highest in America, at 11.08%, which is higher than appreciation rates in 96.20% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Delhi. Delhi appreciation rates in the latest quarter were at 2.86%, which equates to an annual appreciation rate of 11.95%.

Importantly, this makes Delhi one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$213,710

Delhi, CA HOME PRICES

Value Range
> $1,517,000 2.7
$1,138,001 - $1,517,000 0.4
$758,001 - $1,138,000 1.5
$607,001 - $758,000 1.7
$455,001 - $607,000 5.4
$303,001 - $455,000 5.6
$151,001 - $303,000 63.4
$76,001 - $151,000 15.8
$0 - $76,000 3.4

Very Low for CA
High for Nation

Value Relative to Nation Value Relative to State
29.0694949021446 83.8624338624339

Number Of Homes And Apartments:
2,767

Delhi 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
66.95% 3.02% 3 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,268 / per month

Homeownership Rate

Homeownership
Owners 69.79
Renters 30.21
Vacant 6.43

Housing Market Details

 

Age of Homes

AGE OF Delhi HOMES
2000 or Newer 25.7
1970 - 1999 61.2
1940 - 1969 10.9
1939 or Older 2.2

Types of Homes

TYPE OF Delhi HOMES
Single-Family 88.4
Townhomes 1.8
Small Apt. Buildings 0.0
Apt. Complexes 3.8
Mobile Homes 6.0
Other 0.0

Home Size

SIZE OF Delhi HOMES
No Bedroom 0.00
1 Bedroom 3.72
2 Bedrooms 16.27
3 Bedrooms 50.39
4 Bedrooms 27.32
5 or more bedrooms 2.30