Encinitas, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Encinitas Neighborhoods Since 2000




Encinitas, CA Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Encinitas Housing Market Information

With a population of 62,930, 23,465 total housing units (homes and apartments), and a median house value of $980,115, Encinitas house prices are not only among the most expensive in California, Encinitas real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Encinitas, accounting for 58.08% of the city's housing units. Other types of housing that are prevalent in Encinitas include row houses and other attached homes ( 17.66%), large apartment complexes or high rise apartments ( 12.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.60%).

The most prevalent building size and type in Encinitas are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.37% owning and 35.63% renting.

There is a lot of housing in Encinitas 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 Encinitas built between 1940-1969 ( 21.98%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.06%). There's also some housing in Encinitas built before 1939 ( 2.71%).

Encinitas Home Appreciation Rates

In the last 10 years, Encinitas has experienced some of the highest home appreciation rates of any community in the nation. Encinitas real estate appreciated 22.56% over the last ten years, which is an average annual home appreciation rate of 2.06%, putting Encinitas in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Encinitas definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Encinitas that despite a nationwide downturn in the housing market, Encinitas real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Encinitas appreciation rates continue to be some of the highest in America, at 7.49%, which is higher than appreciation rates in 84.10% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Encinitas. Encinitas appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.89%.

Importantly, this makes Encinitas 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 Encinitas'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 Encinitas differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Encinitas - 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 Encinitas real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$980,115

Encinitas, CA HOME PRICES

Value Range
> $1,304,000 27.0
$978,001 - $1,304,000 22.6
$652,001 - $978,000 29.3
$522,001 - $652,000 7.9
$391,001 - $522,000 5.6
$261,001 - $391,000 2.7
$130,001 - $261,000 1.7
$65,001 - $130,000 1.6
$0 - $65,000 1.6

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
1.13676315481073 12.037037037037

Number Of Homes And Apartments:
23,465

Encinitas Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
135.53% 5.09% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,508 / per month

Homeownership Rate

Homeownership
Owners 64.37
Renters 35.63
Vacant 7.72

Housing Market Details

 

Age of Homes

AGE OF Encinitas HOMES
2000 or Newer 11.1
1970 - 1999 64.3
1940 - 1969 22.0
1939 or Older 2.7

Types of Homes

TYPE OF Encinitas HOMES
Single-Family 58.1
Townhomes 17.7
Small Apt. Buildings 8.6
Apt. Complexes 12.5
Mobile Homes 3.0
Other 0.1

Home Size

SIZE OF Encinitas HOMES
No Bedroom 2.78
1 Bedroom 9.51
2 Bedrooms 26.27
3 Bedrooms 32.73
4 Bedrooms 22.18
5 or more bedrooms 6.52