Hacienda Heights, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Hacienda Heights Neighborhoods Since 2000




Hacienda Heights, 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

Hacienda Heights Housing Market Information

With a population of 55,625, 16,020 total housing units (homes and apartments), and a median house value of $661,149, real estate costs in Hacienda Heights 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 Hacienda Heights, accounting for 80.06% of the town's housing units. Other types of housing that are prevalent in Hacienda Heights include large apartment complexes or high rise apartments ( 7.49%), row houses and other attached homes ( 6.73%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.31%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hacienda Heights. Owner-occupied housing accounts for 76.69% of Hacienda Heights's homes, and 76.02% 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. Hacienda Heights's housing was primarily built during this period, from the '40s through the '60s. A full 53.91% of the town's housing hails from this era. Other housing ages represented in Hacienda Heights include homes built between 1970-1999 ( 43.89%) and housing constructed before 1939 ( 1.13%). There's also some housing in Hacienda Heights built between 2000 and later ( 1.08%).

Hacienda Heights Home Appreciation Rates

Real estate appreciation rates in Hacienda Heights's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.23% during the period.

NeighborhoodScout's data show that during the latest twelve months, Hacienda Heights's appreciation rate, at 5.55%, has been at or slightly above the national average. In the latest quarter, Hacienda Heights's appreciation rate has been 1.99%, which annualizes to a rate of 8.20%.

Importantly, this makes Hacienda Heights one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to California, our data show that Hacienda Heights's latest annual appreciation rate is lower than 80% 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 town. Individual neighborhoods within Hacienda Heights differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Hacienda Heights - 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 Hacienda Heights real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$661,149

Hacienda Heights, CA HOME PRICES

Value Range
> $1,257,000 2.2
$942,001 - $1,257,000 5.7
$628,001 - $942,000 35.9
$502,001 - $628,000 18.5
$377,001 - $502,000 20.8
$251,001 - $377,000 11.4
$126,001 - $251,000 2.0
$63,001 - $126,000 1.4
$0 - $63,000 2.2

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
3.04699402320403 25.2645502645503

Number Of Homes And Apartments:
16,020

Hacienda Heights 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
133.65% 5.04% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,361 / per month

Homeownership Rate

Homeownership
Owners 76.69
Renters 23.31
Vacant 5.55

Housing Market Details

 

Age of Homes

AGE OF Hacienda Heights HOMES
2000 or Newer 1.1
1970 - 1999 43.9
1940 - 1969 53.9
1939 or Older 1.1

Types of Homes

TYPE OF Hacienda Heights HOMES
Single-Family 80.1
Townhomes 6.7
Small Apt. Buildings 3.3
Apt. Complexes 7.5
Mobile Homes 2.4
Other 0.0

Home Size

SIZE OF Hacienda Heights HOMES
No Bedroom 1.04
1 Bedroom 5.11
2 Bedrooms 10.25
3 Bedrooms 42.70
4 Bedrooms 33.33
5 or more bedrooms 7.58