Diamond Bar, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Diamond Bar Neighborhoods Since 2000




Diamond Bar, CA Real Estate Data


Diamond Bar Housing Market Information

With 56,897 people, 17,266 houses or apartments, and a median cost of homes of $738,482, real estate costs in Diamond Bar are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Diamond Bar, accounting for 73.42% of the city's housing units. Other types of housing that are prevalent in Diamond Bar include row houses and other attached homes ( 11.49%), large apartment complexes or high rise apartments ( 8.99%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.43%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Diamond Bar. Owner-occupied housing accounts for 78.91% of Diamond Bar's homes, and 70.83% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Diamond Bar 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 Diamond Bar built between 1940-1969 ( 21.65%). A lesser amount of the housing stock also hails from between 2000 and later ( 3.47%).

Diamond Bar Home Appreciation Rates

Appreciation rates for homes in Diamond Bar have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.34%, which ranks in the top 50% nationwide. This equates to an annual average Diamond Bar house appreciation rate of 0.62%.

NeighborhoodScout's data show that during the latest twelve months, Diamond Bar's appreciation rate, at 5.49%, has been at or slightly above the national average. In the latest quarter, Diamond Bar's appreciation rate has been 1.34%, which annualizes to a rate of 5.46%.

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

Average Home Values

 

Median Home Value:
$738,482

Diamond Bar, CA HOME PRICES

Value Range
> $1,325,000 5.9
$993,001 - $1,325,000 9.5
$662,001 - $993,000 40.1
$530,001 - $662,000 21.0
$397,001 - $530,000 10.6
$265,001 - $397,000 6.5
$132,001 - $265,000 2.4
$66,001 - $132,000 1.7
$0 - $66,000 2.2

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
2.5180066756456 22.4570673712021

Number Of Homes And Apartments:
17,266

Rent & Ownership

 

Average Market Rent:
$2,341 / per month

Homeownership Rate

Homeownership
Owners 78.91
Renters 21.09
Vacant 4.97

Housing Market Details

 

Age of Homes

AGE OF Diamond Bar HOMES
2000 or Newer 3.5
1970 - 1999 74.2
1940 - 1969 21.6
1939 or Older 0.6

Types of Homes

TYPE OF Diamond Bar HOMES
Single-Family 73.4
Townhomes 11.5
Small Apt. Buildings 4.4
Apt. Complexes 9.0
Mobile Homes 1.7
Other 0.0

Home Size

SIZE OF Diamond Bar HOMES
No Bedroom 0.20
1 Bedroom 3.02
2 Bedrooms 15.83
3 Bedrooms 31.37
4 Bedrooms 39.46
5 or more bedrooms 10.12

Diamond Bar 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
137.17% 5.21% 10 10
* 10 is highest