Emeryville, 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Emeryville, CA Housing Market Trends

With 12,086 people, 6,568 houses or apartments, and a median cost of homes of $622,621, real estate costs in Emeryville 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 Emeryville, accounting for 78.91% of the city's housing units. Other types of housing that are prevalent in Emeryville include single-family detached homes ( 8.03%), duplexes, homes converted to apartments or other small apartment buildings ( 7.76%), and a few row houses and other attached homes ( 4.97%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and often have a lively downtown.

Emeryville is dominated by renter-occupied one, two, or no bedrooms apartments. 65.82% of Emeryville's dwellings are rentals.

There is a lot of housing in Emeryville 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 Emeryville built between 2000 and later ( 33.26%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.34%). There's also some housing in Emeryville built before 1939 ( 7.56%).

Emeryville Home Appreciation Rates

In the last 10 years, Emeryville has experienced some of the highest home appreciation rates of any community in the nation. Emeryville real estate appreciated 125.74% over the last ten years, which is an average annual home appreciation rate of 8.48%, putting Emeryville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Emeryville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Emeryville appreciation rates have trailed the rest of the nation. In the last twelve months, Emeryville's appreciation rate has been 0.31%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Emeryville were at 0.39%, which equates to an annual appreciation rate of 1.56%.

Notably, Emeryville's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$622,621

Emeryville, CA HOME PRICES

> $1,162,000
6.3%
6.3%
$872,001 - $1,162,000
14.9%
14.9%
$581,001 - $872,000
34.5%
34.5%
$465,001 - $581,000
20.4%
20.4%
$349,001 - $465,000
14.9%
14.9%
$232,001 - $349,000
4.8%
4.8%
$116,001 - $232,000
2.3%
2.3%
$58,001 - $116,000
1.3%
1.3%
$0 - $58,000
0.6%
0.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for CA

Value Relative To Nation

Number Of Homes And Apartments:
6,568

Emeryville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
221.99% 5.73%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$4,298 / per month

Homeownership Rate

Owners
34.2%
34.2%
Renters
65.8%
65.8%
Vacant
8.0%
8.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
33.3%
33.3%
1970 - 1999
49.8%
49.8%
1940 - 1969
9.3%
9.3%
1939 or Older
7.6%
7.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
8.0%
8.0%
Townhomes
5.0%
5.0%
Small Apt. Buildings
7.8%
7.8%
Apt. Complexes
78.9%
78.9%
Mobile Homes
0.3%
0.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
16.5%
16.5%
1 Bedroom
48.1%
48.1%
2 Bedrooms
28.5%
28.5%
3 Bedrooms
5.3%
5.3%
4 Bedrooms
1.7%
1.7%
5 or more bedrooms
0.0%
0.0%
0.0% 100.0%
% OF HOMES