Gonzales, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Gonzales Neighborhoods Since 2000




Gonzales, 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

Gonzales Housing Market Information

With 8,473 people, 2,025 houses or apartments, and a median cost of homes of $287,882, Gonzales real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Gonzales, accounting for 72.77% of the city's housing units. Other types of housing that are prevalent in Gonzales include large apartment complexes or high rise apartments ( 17.51%), duplexes, homes converted to apartments or other small apartment buildings ( 4.19%), and a few mobile homes or trailers ( 4.00%).

The most prevalent building size and type in Gonzales are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.64% owning and 51.36% renting.

There is a lot of housing in Gonzales 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 Gonzales built between 1940-1969 ( 21.16%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.68%). There's also some housing in Gonzales built before 1939 ( 3.95%).

Gonzales Home Appreciation Rates

Homes have actually lost value in Gonzales over the last then years, as home values have seen a decline of 29.36% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Gonzales home appreciation rates at 2.53%, which equates to an annual appreciation rate of 10.52%.

Appreciation rates are so strong in Gonzales that despite a nationwide downturn in the housing market, Gonzales real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Gonzales appreciation rates continue to be some of the highest in America, at 9.24%, which is higher than appreciation rates in 91.49% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Gonzales. Gonzales appreciation rates in the latest quarter were at 2.53%, which equates to an annual appreciation rate of 10.52%.

Importantly, this makes Gonzales 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 Gonzales's latest annual appreciation rate is higher than 70% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$287,882

Gonzales, CA HOME PRICES

Value Range
> $1,437,000 2.3
$1,078,001 - $1,437,000 1.8
$718,001 - $1,078,000 5.8
$575,001 - $718,000 2.3
$431,001 - $575,000 17.7
$287,001 - $431,000 29.5
$144,001 - $287,000 35.4
$72,001 - $144,000 0.5
$0 - $72,000 4.7

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
17.5729520684402 69.3121693121693

Number Of Homes And Apartments:
2,025

Gonzales 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
47.49% 2.28% 1 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,414 / per month

Homeownership Rate

Homeownership
Owners 48.64
Renters 51.36
Vacant 0.10

Housing Market Details

 

Age of Homes

AGE OF Gonzales HOMES
2000 or Newer 12.7
1970 - 1999 62.2
1940 - 1969 21.2
1939 or Older 3.9

Types of Homes

TYPE OF Gonzales HOMES
Single-Family 72.8
Townhomes 1.5
Small Apt. Buildings 4.2
Apt. Complexes 17.5
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Gonzales HOMES
No Bedroom 4.98
1 Bedroom 6.91
2 Bedrooms 27.48
3 Bedrooms 35.03
4 Bedrooms 21.16
5 or more bedrooms 4.44

Popular Neighborhoods in Gonzales

Popular Communities Near Gonzales, CA

Zip Codes in Gonzales, CA