Fontana CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Fontana, 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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Fontana Housing Market Information

With a population of 214,547, 53,510 total housing units (homes and apartments), and a median house value of $403,930, real estate costs in Fontana 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 Fontana, accounting for 79.82% of the city's housing units. Other types of housing that are prevalent in Fontana include large apartment complexes or high rise apartments ( 12.73%), duplexes, homes converted to apartments or other small apartment buildings ( 2.73%), and a few row houses and other attached homes ( 2.38%).

The most prevalent building size and type in Fontana are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.41% owning and 35.59% renting.

There is a lot of housing in Fontana 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 Fontana built between 2000 and later ( 24.55%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.89%). There's also some housing in Fontana built before 1939 ( 1.66%).

Fontana Home Appreciation Rates

In the last 10 years, Fontana has experienced some of the highest home appreciation rates of any community in the nation. Fontana real estate appreciated 107.33% over the last ten years, which is an average annual home appreciation rate of 7.56%, putting Fontana in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fontana definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Fontana's appreciation rate, at 4.59%, has been at or slightly above the national average. In the latest quarter, Fontana's appreciation rate has been 1.79%, which annualizes to a rate of 7.37%.

Relative to California, our data show that Fontana's latest annual appreciation rate is higher than 70% 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 Fontana differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fontana - 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 Fontana real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$403,930

Fontana, CA HOME PRICES

Value Range
> $1,261,000 0.7
$946,001 - $1,261,000 0.5
$630,001 - $946,000 5.7
$505,001 - $630,000 19.4
$378,001 - $505,000 36.0
$252,001 - $378,000 27.0
$126,001 - $252,000 6.6
$63,001 - $126,000 1.0
$0 - $63,000 3.2

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
12.3094890510949 59.8951507208388

Number Of Homes And Apartments:
53,510

Fontana Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
178.41% 5.06%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,966 / per month

Homeownership Rate

Homeownership
Owners 64.41
Renters 35.59
Vacant 3.69

Housing Market Details

 

Age of Homes

AGE OF Fontana HOMES
2000 or Newer 24.5
1970 - 1999 52.9
1940 - 1969 20.9
1939 or Older 1.7

Types of Homes

TYPE OF Fontana HOMES
Single-Family 79.8
Townhomes 2.4
Small Apt. Buildings 2.7
Apt. Complexes 12.7
Mobile Homes 2.3
Other 0.1

Home Size

SIZE OF Fontana HOMES
No Bedroom 0.99
1 Bedroom 5.21
2 Bedrooms 18.02
3 Bedrooms 38.58
4 Bedrooms 29.67
5 or more bedrooms 7.52