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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 5,125 people, 1,408 houses or apartments, and a median cost of homes of $155,458, Dos Palos real estate values are some of the lowest in California, although compared to real estate around the nation, Dos Palos homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Dos Palos, accounting for 84.53% of the city's housing units. Other types of housing that are prevalent in Dos Palos include duplexes, homes converted to apartments or other small apartment buildings ( 11.64%), row houses and other attached homes ( 2.26%).
The most prevalent building size and type in Dos Palos are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.98% owning and 36.02% renting.
There is a lot of housing in Dos Palos 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 Dos Palos built between 1940-1969 ( 37.48%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.71%). There's also some housing in Dos Palos built before 1939 ( 3.96%).
Vacant housing appears to be an issue in Dos Palos. Fully 11.45% of the housing stock is classified as vacant. Left unchecked, vacant Dos Palos homes and apartments can be a drag on the real estate market, holding Dos Palos real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Homes have actually lost value in Dos Palos over the last then years, as home values have seen a decline of 37.98% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Dos Palos home appreciation rates at 2.86%, which equates to an annual appreciation rate of 11.95%.
Appreciation rates are so strong in Dos Palos that despite a nationwide downturn in the housing market, Dos Palos real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dos Palos appreciation rates continue to be some of the highest in America, at 11.88%, which is higher than appreciation rates in 97.31% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dos Palos. Dos Palos appreciation rates in the latest quarter were at 2.86%, which equates to an annual appreciation rate of 11.95%.
Importantly, this makes Dos Palos one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to California, our data show that Dos Palos's latest annual appreciation rate is higher than 90% of the other cities and towns in California.
|$1,050,001 - $1,399,000||0.0|
|$700,001 - $1,050,000||0.0|
|$560,001 - $700,000||0.0|
|$420,001 - $560,000||3.7|
|$280,001 - $420,000||8.2|
|$140,001 - $280,000||45.0|
|$70,001 - $140,000||35.2|
|$0 - $70,000||5.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Dos Palos HOMES|
|2000 or Newer||13.7|
|1970 - 1999||44.8|
|1940 - 1969||37.5|
|1939 or Older||4.0|
|TYPE OF Dos Palos HOMES|
|Small Apt. Buildings||11.6|
|SIZE OF Dos Palos HOMES|
|5 or more bedrooms||2.45|