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 a population of 103,679, 32,564 total housing units (homes and apartments), and a median house value of $405,240, real estate costs in El Cajon 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.
Large apartment complexes or high rise apartments are the single most common housing type in El Cajon, accounting for 42.17% of the city's housing units. Other types of housing that are prevalent in El Cajon include single-family detached homes ( 39.50%), duplexes, homes converted to apartments or other small apartment buildings ( 7.85%), and a few mobile homes or trailers ( 5.12%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
People in El Cajon primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. El Cajon has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in El Cajon 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 El Cajon built between 1940-1969 ( 41.42%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.26%). There's also some housing in El Cajon built before 1939 ( 1.32%).
Real estate appreciation rates in El Cajon's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.77% during the period.
Appreciation rates are so strong in El Cajon that despite a nationwide downturn in the housing market, El Cajon real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, El Cajon appreciation rates continue to be some of the highest in America, at 7.62%, which is higher than appreciation rates in 84.80% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in El Cajon. El Cajon appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.89%.
Importantly, this makes El Cajon 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 El Cajon's latest annual appreciation rate is lower than 50% 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 El Cajon differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in El Cajon - 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 El Cajon real estate investment or home purchase decisions.
|$956,001 - $1,275,000||2.2|
|$637,001 - $956,000||14.2|
|$510,001 - $637,000||13.5|
|$382,001 - $510,000||23.4|
|$255,001 - $382,000||14.5|
|$127,001 - $255,000||10.4|
|$64,001 - $127,000||5.2|
|$0 - $64,000||15.5|
|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 El Cajon HOMES|
|2000 or Newer||4.3|
|1970 - 1999||53.0|
|1940 - 1969||41.4|
|1939 or Older||1.3|
|TYPE OF El Cajon HOMES|
|Small Apt. Buildings||7.9|
|SIZE OF El Cajon HOMES|
|5 or more bedrooms||1.98|