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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.



Discovery Bay, 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 Q4 2023. 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

Discovery Bay, CA Housing Market Trends

With a population of 15,358, 5,451 total housing units (homes and apartments), and a median house value of $879,533, real estate costs in Discovery Bay 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.

Discovery Bay is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Discovery Bay than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Discovery Bay. Owner-occupied housing accounts for 89.60% of Discovery Bay's homes, and 82.51% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Discovery Bay 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 Discovery Bay built between 2000 and later ( 40.59%). A lesser amount of the housing stock also hails from between 1940-1969 ( 1.09%).

Discovery Bay Home Appreciation Rates

Appreciation rates for homes in Discovery Bay have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 93.29%, which ranks in the top 40% nationwide. This equates to an annual average Discovery Bay house appreciation rate of 6.81%.

Over the last year, Discovery Bay appreciation rates have trailed the rest of the nation. In the last twelve months, Discovery Bay's appreciation rate has been 0.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Discovery Bay were at -0.62%, which equates to an annual appreciation rate of -2.46%.

Relative to California, our data show that Discovery Bay's latest annual appreciation rate is lower than 50% of the other cities and towns in California.

Average Home Values

Median Home Value

$879,533

Discovery Bay, CA Home Prices
> $1,202,000
$902,001 - $1,202,000
$602,001 - $902,000
$481,001 - $602,000
$361,001 - $481,000
$240,001 - $361,000
$120,001 - $240,000
$60,001 - $120,000
$0 - $60,000
16.4%
16.4%
34.7%
34.7%
45.2%
45.2%
1.8%
1.8%
0.6%
0.6%
0.1%
0.1%
0.1%
0.1%
0.4%
0.4%
0.7%
0.7%
0% 100.0%
% of Homes
High

for California

Very High

for nation

Number of Homes And Apartments:

5,451

Discovery Bay Appreciation Rates

Rent & Ownership

Average Market Rent:

$4,364 / per month

Homeownership Rate

Owners
Renters
89.6%
89.6%
10.4%
10.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.8%
8.8%
91.2%
91.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
40.6%
40.6%
57.4%
57.4%
1.1%
1.1%
0.9%
0.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
91.1%
91.1%
7.5%
7.5%
0.3%
0.3%
1.1%
1.1%
0.0%
0.0%
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
0.2%
0.2%
0.6%
0.6%
3.7%
3.7%
42.8%
42.8%
39.7%
39.7%
13.0%
13.0%
0% 100.0%
% of Homes