Firebaugh, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Firebaugh Neighborhoods Since 2000




Firebaugh, 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

Firebaugh Housing Market Information

With a population of 8,330, 2,094 total housing units (homes and apartments), and a median house value of $164,340, Firebaugh real estate values are some of the lowest in California, although compared to real estate around the nation, Firebaugh homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Firebaugh, accounting for 62.81% of the city's housing units. Other types of housing that are prevalent in Firebaugh include duplexes, homes converted to apartments or other small apartment buildings ( 16.68%), mobile homes or trailers ( 8.45%), and a few large apartment complexes or high rise apartments ( 7.07%).

The most prevalent building size and type in Firebaugh are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.32% owning and 47.68% renting.

There is a lot of housing in Firebaugh 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 Firebaugh built between 2000 and later ( 21.13%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.42%). There's also some housing in Firebaugh built before 1939 ( 2.85%).

Firebaugh Home Appreciation Rates

Homes have actually lost value in Firebaugh over the last then years, as home values have seen a decline of 22.49% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Firebaugh home appreciation rates at 2.10%, which equates to an annual appreciation rate of 8.66%.

Appreciation rates are so strong in Firebaugh that despite a nationwide downturn in the housing market, Firebaugh real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Firebaugh appreciation rates continue to be some of the highest in America, at 10.65%, which is higher than appreciation rates in 95.42% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Firebaugh. Firebaugh appreciation rates in the latest quarter were at 2.10%, which equates to an annual appreciation rate of 8.66%.

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

Average Home Values

 

Median Home Value:
$164,340

Firebaugh, CA HOME PRICES

Value Range
> $1,299,000 0.6
$974,001 - $1,299,000 0.0
$649,001 - $974,000 0.0
$520,001 - $649,000 0.0
$389,001 - $520,000 3.1
$260,001 - $389,000 8.7
$130,001 - $260,000 57.3
$65,001 - $130,000 22.6
$0 - $65,000 7.8

Very Low for CA
Average for Nation

Value Relative to Nation Value Relative to State
43.9235907652643 93.2539682539683

Number Of Homes And Apartments:
2,094

Firebaugh 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
62.86% 2.87% 2 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$895 / per month

Homeownership Rate

Homeownership
Owners 52.32
Renters 47.68
Vacant 6.85

Housing Market Details

 

Age of Homes

AGE OF Firebaugh HOMES
2000 or Newer 21.1
1970 - 1999 57.6
1940 - 1969 18.4
1939 or Older 2.8

Types of Homes

TYPE OF Firebaugh HOMES
Single-Family 62.8
Townhomes 5.0
Small Apt. Buildings 16.7
Apt. Complexes 7.1
Mobile Homes 8.5
Other 0.0

Home Size

SIZE OF Firebaugh HOMES
No Bedroom 3.74
1 Bedroom 7.61
2 Bedrooms 30.47
3 Bedrooms 39.95
4 Bedrooms 17.39
5 or more bedrooms 0.85

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Zip Codes in Firebaugh, CA