Exeter, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Exeter, CA Real Estate Data


Exeter Housing Market Information

With 10,548 people, 3,308 houses or apartments, and a median cost of homes of $219,672, Exeter real estate values are some of the lowest in California, although compared to real estate around the nation, Exeter homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Exeter, accounting for 82.03% of the city's housing units. Other types of housing that are prevalent in Exeter include duplexes, homes converted to apartments or other small apartment buildings ( 7.32%), mobile homes or trailers ( 5.65%), and a few large apartment complexes or high rise apartments ( 2.94%).

The most prevalent building size and type in Exeter are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.18% owning and 40.82% renting.

There is a lot of housing in Exeter 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 Exeter built between 1940-1969 ( 23.76%). A lesser amount of the housing stock also hails from before 1939 ( 12.72%). There's also some housing in Exeter built between 2000 and later ( 12.29%).

Exeter Home Appreciation Rates

Exeter's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Exeter during the period has been just -2.00%, which is lower than 80% of US communities.

Appreciation rates are so strong in Exeter that despite a nationwide downturn in the housing market, Exeter real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Exeter appreciation rates continue to be some of the highest in America, at 6.23%, which is higher than appreciation rates in 77.14% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Exeter. Exeter appreciation rates in the latest quarter were at 0.57%, which equates to an annual appreciation rate of 2.29%.

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

Relative to California, our data show that Exeter's latest annual appreciation rate is lower than 50% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$219,672

Exeter, CA HOME PRICES

Value Range
> $1,328,000 0.3
$996,001 - $1,328,000 0.8
$664,001 - $996,000 0.4
$531,001 - $664,000 1.8
$399,001 - $531,000 8.9
$266,001 - $399,000 21.3
$133,001 - $266,000 44.2
$67,001 - $133,000 14.3
$0 - $67,000 8.0

Very Low for CA
High for Nation

Value Relative to Nation Value Relative to State
28.6584294665339 84.2800528401585

Number Of Homes And Apartments:
3,308

Rent & Ownership

 

Average Market Rent:
$1,100 / per month

Homeownership Rate

Homeownership
Owners 59.18
Renters 40.82
Vacant 6.53

Housing Market Details

 

Age of Homes

AGE OF Exeter HOMES
2000 or Newer 12.3
1970 - 1999 51.2
1940 - 1969 23.8
1939 or Older 12.7

Types of Homes

TYPE OF Exeter HOMES
Single-Family 82.0
Townhomes 2.1
Small Apt. Buildings 7.3
Apt. Complexes 2.9
Mobile Homes 5.7
Other 0.0

Home Size

SIZE OF Exeter HOMES
No Bedroom 0.57
1 Bedroom 8.76
2 Bedrooms 21.45
3 Bedrooms 52.90
4 Bedrooms 14.35
5 or more bedrooms 1.98

Exeter Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
80.06% 3.52% 6 9
* 10 is highest

Popular Neighborhoods in Exeter

Zip Codes in Exeter, CA