Fullerton, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Fullerton Neighborhoods Since 2000




Fullerton, 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

Fullerton Housing Market Information

With 140,847 people, 45,031 houses or apartments, and a median cost of homes of $551,560, real estate costs in Fullerton 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 Fullerton, accounting for 51.06% of the city's housing units. Other types of housing that are prevalent in Fullerton include large apartment complexes or high rise apartments ( 29.43%), row houses and other attached homes ( 9.75%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.95%).

The most prevalent building size and type in Fullerton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.23% owning and 48.77% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Fullerton's housing was primarily built during this period, from the '40s through the '60s. A full 46.93% of the city's housing hails from this era. Other housing ages represented in Fullerton include homes built between 1970-1999 ( 38.17%) and housing constructed between 2000 and later ( 9.55%). There's also some housing in Fullerton built before 1939 ( 5.35%).

Fullerton Home Appreciation Rates

Real estate appreciation rates in Fullerton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.32% during the period.

Appreciation rates are so strong in Fullerton that despite a nationwide downturn in the housing market, Fullerton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Fullerton appreciation rates continue to be some of the highest in America, at 7.13%, which is higher than appreciation rates in 82.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Fullerton. Fullerton appreciation rates in the latest quarter were at 1.99%, which equates to an annual appreciation rate of 8.20%.

Importantly, this makes Fullerton 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 Fullerton's latest annual appreciation rate is lower than 60% 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 Fullerton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fullerton - 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 Fullerton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$551,560

Fullerton, CA HOME PRICES

Value Range
> $1,280,000 4.3
$960,001 - $1,280,000 10.8
$640,001 - $960,000 27.4
$512,001 - $640,000 19.9
$384,001 - $512,000 21.9
$256,001 - $384,000 9.2
$128,001 - $256,000 2.6
$64,001 - $128,000 1.5
$0 - $64,000 2.4

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
4.71112152818469 32.9365079365079

Number Of Homes And Apartments:
45,031

Fullerton 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
125.18% 4.82% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,770 / per month

Homeownership Rate

Homeownership
Owners 51.23
Renters 48.77
Vacant 4.84

Housing Market Details

 

Age of Homes

AGE OF Fullerton HOMES
2000 or Newer 9.6
1970 - 1999 38.2
1940 - 1969 46.9
1939 or Older 5.4

Types of Homes

TYPE OF Fullerton HOMES
Single-Family 51.1
Townhomes 9.8
Small Apt. Buildings 7.9
Apt. Complexes 29.4
Mobile Homes 1.8
Other 0.1

Home Size

SIZE OF Fullerton HOMES
No Bedroom 3.97
1 Bedroom 18.22
2 Bedrooms 23.84
3 Bedrooms 30.10
4 Bedrooms 19.39
5 or more bedrooms 4.49