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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 7,289 people, 2,855 houses or apartments, and a median cost of homes of $381,933, real estate costs in Fort Bragg 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 Fort Bragg, accounting for 66.20% of the city's housing units. Other types of housing that are prevalent in Fort Bragg include duplexes, homes converted to apartments or other small apartment buildings ( 14.99%), large apartment complexes or high rise apartments ( 10.64%), and a few row houses and other attached homes ( 4.22%).
People in Fort Bragg primarily live in small (one, two or no bedroom) single-family detached homes. Fort Bragg has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Fort Bragg 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 Fort Bragg built between 1940-1969 ( 26.33%). A lesser amount of the housing stock also hails from before 1939 ( 24.48%). There's also some housing in Fort Bragg built between 2000 and later ( 5.67%).
Vacant housing appears to be an issue in Fort Bragg. Fully 11.96% of the housing stock is classified as vacant. Left unchecked, vacant Fort Bragg homes and apartments can be a drag on the real estate market, holding Fort Bragg real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Fort Bragg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fort Bragg during the period has been just -1.79%, which is lower than 80% of US communities.
Appreciation rates are so strong in Fort Bragg that despite a nationwide downturn in the housing market, Fort Bragg real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Fort Bragg appreciation rates continue to be some of the highest in America, at 10.22%, which is higher than appreciation rates in 94.39% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Fort Bragg. Fort Bragg appreciation rates in the latest quarter were at 1.82%, which equates to an annual appreciation rate of 7.47%.
Importantly, this makes Fort Bragg 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 Fort Bragg's latest annual appreciation rate is higher than 80% of the other cities and towns in California.
|$981,001 - $1,308,000||2.1|
|$654,001 - $981,000||4.5|
|$523,001 - $654,000||9.7|
|$393,001 - $523,000||31.2|
|$262,001 - $393,000||29.1|
|$131,001 - $262,000||16.0|
|$66,001 - $131,000||4.5|
|$0 - $66,000||2.7|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Fort Bragg HOMES|
|2000 or Newer||5.7|
|1970 - 1999||43.5|
|1940 - 1969||26.3|
|1939 or Older||24.5|
|TYPE OF Fort Bragg HOMES|
|Small Apt. Buildings||15.0|
|SIZE OF Fort Bragg HOMES|
|5 or more bedrooms||0.59|