Glendora, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Glendora Neighborhoods Since 2000




Glendora, 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

Glendora Housing Market Information

With 52,009 people, 16,722 houses or apartments, and a median cost of homes of $594,393, real estate costs in Glendora 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 Glendora, accounting for 73.16% of the city's housing units. Other types of housing that are prevalent in Glendora include large apartment complexes or high rise apartments ( 10.94%), row houses and other attached homes ( 6.60%), and a few mobile homes or trailers ( 4.71%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Glendora. Owner-occupied housing accounts for 67.58% of Glendora's homes, and 69.02% have either three or four bedrooms, which is average sized relative to America.

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. Glendora's housing was primarily built during this period, from the '40s through the '60s. A full 61.20% of the city's housing hails from this era. Other housing ages represented in Glendora include homes built between 1970-1999 ( 29.72%) and housing constructed between 2000 and later ( 4.65%). There's also some housing in Glendora built before 1939 ( 4.43%).

Glendora Home Appreciation Rates

Appreciation rates for homes in Glendora have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.15%, which ranks in the top 50% nationwide. This equates to an annual average Glendora house appreciation rate of 0.21%.

Appreciation rates are so strong in Glendora that despite a nationwide downturn in the housing market, Glendora real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Glendora appreciation rates continue to be some of the highest in America, at 7.02%, which is higher than appreciation rates in 81.47% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Glendora. Glendora appreciation rates in the latest quarter were at 1.99%, which equates to an annual appreciation rate of 8.20%.

Importantly, this makes Glendora 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 Glendora'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 Glendora differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Glendora - 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 Glendora real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$594,393

Glendora, CA HOME PRICES

Value Range
> $1,280,000 4.9
$960,001 - $1,280,000 6.8
$640,001 - $960,000 27.5
$512,001 - $640,000 21.9
$384,001 - $512,000 25.0
$256,001 - $384,000 5.5
$128,001 - $256,000 1.3
$64,001 - $128,000 1.8
$0 - $64,000 5.3

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
4.01382866518223 30.5555555555556

Number Of Homes And Apartments:
16,722

Glendora 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
123.86% 4.78% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,097 / per month

Homeownership Rate

Homeownership
Owners 67.58
Renters 32.42
Vacant 3.45

Housing Market Details

 

Age of Homes

AGE OF Glendora HOMES
2000 or Newer 4.7
1970 - 1999 29.7
1940 - 1969 61.2
1939 or Older 4.4

Types of Homes

TYPE OF Glendora HOMES
Single-Family 73.2
Townhomes 6.6
Small Apt. Buildings 4.6
Apt. Complexes 10.9
Mobile Homes 4.7
Other 0.0

Home Size

SIZE OF Glendora HOMES
No Bedroom 1.79
1 Bedroom 6.74
2 Bedrooms 18.89
3 Bedrooms 47.40
4 Bedrooms 21.62
5 or more bedrooms 3.56