Escalon, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Escalon, 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

Escalon Housing Market Information

With 7,523 people, 2,590 houses or apartments, and a median cost of homes of $340,909, real estate costs in Escalon 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.

Single-family detached homes are the single most common housing type in Escalon, accounting for 87.58% of the city's housing units. Other types of housing that are prevalent in Escalon include large apartment complexes or high rise apartments ( 4.19%), duplexes, homes converted to apartments or other small apartment buildings ( 4.05%), and a few mobile homes or trailers ( 2.95%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Escalon. Owner-occupied housing accounts for 69.60% of Escalon's homes, and 75.05% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Escalon 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 Escalon built between 2000 and later ( 20.26%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.23%). There's also some housing in Escalon built before 1939 ( 3.51%).

Escalon Home Appreciation Rates

Escalon's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Escalon during the period has been just -1.60%, which is lower than 80% of US communities.

Appreciation rates are so strong in Escalon that despite a nationwide downturn in the housing market, Escalon real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Escalon appreciation rates continue to be some of the highest in America, at 9.92%, which is higher than appreciation rates in 93.69% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Escalon. Escalon appreciation rates in the latest quarter were at 2.24%, which equates to an annual appreciation rate of 9.28%.

Importantly, this makes Escalon 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 Escalon's latest annual appreciation rate is higher than 80% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$340,909

Escalon, CA HOME PRICES

Value Range
> $1,451,000 0.1
$1,088,001 - $1,451,000 0.2
$725,001 - $1,088,000 0.5
$580,001 - $725,000 1.8
$435,001 - $580,000 21.6
$290,001 - $435,000 42.8
$145,001 - $290,000 22.0
$73,001 - $145,000 3.6
$0 - $73,000 7.5

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
12.8266729169108 61.5079365079365

Number Of Homes And Apartments:
2,590

Escalon 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
69.35% 3.10% 3 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,370 / per month

Homeownership Rate

Homeownership
Owners 69.60
Renters 30.40
Vacant 8.09

Housing Market Details

 

Age of Homes

AGE OF Escalon HOMES
2000 or Newer 20.3
1970 - 1999 56.0
1940 - 1969 20.2
1939 or Older 3.5

Types of Homes

TYPE OF Escalon HOMES
Single-Family 87.6
Townhomes 1.2
Small Apt. Buildings 4.0
Apt. Complexes 4.2
Mobile Homes 2.9
Other 0.0

Home Size

SIZE OF Escalon HOMES
No Bedroom 1.60
1 Bedroom 3.55
2 Bedrooms 17.64
3 Bedrooms 56.60
4 Bedrooms 18.45
5 or more bedrooms 2.16

Popular Neighborhoods in Escalon

Zip Codes in Escalon, CA