Greenfield, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Greenfield Neighborhoods Since 2000




Greenfield, 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

Greenfield Housing Market Information

With 17,184 people, 3,622 houses or apartments, and a median cost of homes of $319,977, real estate costs in Greenfield 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 Greenfield, accounting for 74.00% of the city's housing units. Other types of housing that are prevalent in Greenfield include large apartment complexes or high rise apartments ( 13.56%), duplexes, homes converted to apartments or other small apartment buildings ( 7.15%), and a few row houses and other attached homes ( 4.00%).

The most prevalent building size and type in Greenfield are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.92% owning and 52.08% renting.

There is a lot of housing in Greenfield 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 Greenfield built between 2000 and later ( 30.05%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.80%). There's also some housing in Greenfield built before 1939 ( 3.13%).

Greenfield Home Appreciation Rates

Homes have actually lost value in Greenfield over the last then years, as home values have seen a decline of 37.81% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Greenfield home appreciation rates at 2.53%, which equates to an annual appreciation rate of 10.52%.

Appreciation rates are so strong in Greenfield that despite a nationwide downturn in the housing market, Greenfield real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Greenfield appreciation rates continue to be some of the highest in America, at 10.49%, which is higher than appreciation rates in 95.11% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Greenfield. Greenfield appreciation rates in the latest quarter were at 2.53%, which equates to an annual appreciation rate of 10.52%.

Importantly, this makes Greenfield 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 Greenfield's latest annual appreciation rate is higher than 80% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$319,977

Greenfield, CA HOME PRICES

Value Range
> $1,536,000 0.5
$1,152,001 - $1,536,000 0.1
$768,001 - $1,152,000 3.1
$614,001 - $768,000 0.1
$461,001 - $614,000 9.9
$307,001 - $461,000 45.5
$154,001 - $307,000 32.7
$77,001 - $154,000 5.6
$0 - $77,000 2.4

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
14.5493964607992 64.6825396825397

Number Of Homes And Apartments:
3,622

Greenfield 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
54.79% 2.56% 2 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,564 / per month

Homeownership Rate

Homeownership
Owners 47.92
Renters 52.08
Vacant 4.78

Housing Market Details

 

Age of Homes

AGE OF Greenfield HOMES
2000 or Newer 30.0
1970 - 1999 50.0
1940 - 1969 16.8
1939 or Older 3.1

Types of Homes

TYPE OF Greenfield HOMES
Single-Family 74.0
Townhomes 4.0
Small Apt. Buildings 7.2
Apt. Complexes 13.6
Mobile Homes 1.3
Other 0.0

Home Size

SIZE OF Greenfield HOMES
No Bedroom 5.68
1 Bedroom 6.81
2 Bedrooms 20.58
3 Bedrooms 45.87
4 Bedrooms 18.82
5 or more bedrooms 2.23

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Zip Codes in Greenfield, CA