Hawaiian Gardens, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hawaiian Gardens, 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

Hawaiian Gardens Housing Market Information

With 14,592 people, 3,909 houses or apartments, and a median cost of homes of $399,285, real estate costs in Hawaiian Gardens 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 Hawaiian Gardens, accounting for 39.14% of the city's housing units. Other types of housing that are prevalent in Hawaiian Gardens include large apartment complexes or high rise apartments ( 32.68%), duplexes, homes converted to apartments or other small apartment buildings ( 12.90%), and a few row houses and other attached homes ( 9.99%).

People in Hawaiian Gardens primarily live in small (one, two or no bedroom) single-family detached homes. Hawaiian Gardens has a mixture of owner-occupied and renter-occupied housing.

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. Hawaiian Gardens's housing was primarily built during this period, from the '40s through the '60s. A full 55.83% of the city's housing hails from this era. Other housing ages represented in Hawaiian Gardens include homes built between 1970-1999 ( 38.32%) and housing constructed before 1939 ( 3.80%). There's also some housing in Hawaiian Gardens built between 2000 and later ( 2.05%).

Hawaiian Gardens Home Appreciation Rates

Hawaiian Gardens's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hawaiian Gardens during the period has been just -1.31%, which is lower than 70% of US communities.

Appreciation rates are so strong in Hawaiian Gardens that despite a nationwide downturn in the housing market, Hawaiian Gardens real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hawaiian Gardens appreciation rates continue to be some of the highest in America, at 10.28%, which is higher than appreciation rates in 94.54% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hawaiian Gardens. Hawaiian Gardens appreciation rates in the latest quarter were at 1.99%, which equates to an annual appreciation rate of 8.20%.

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

Average Home Values

 

Median Home Value:
$399,285

Hawaiian Gardens, CA HOME PRICES

Value Range
> $1,344,000 2.0
$1,008,001 - $1,344,000 0.3
$672,001 - $1,008,000 3.9
$537,001 - $672,000 6.4
$403,001 - $537,000 25.3
$269,001 - $403,000 35.8
$134,001 - $269,000 12.1
$67,001 - $134,000 5.8
$0 - $67,000 8.4

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
9.49841790694949 54.3650793650794

Number Of Homes And Apartments:
3,909

Hawaiian Gardens 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
110.28% 4.40% 8 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,620 / per month

Homeownership Rate

Homeownership
Owners 38.26
Renters 61.74
Vacant 3.60

Housing Market Details

 

Age of Homes

AGE OF Hawaiian Gardens HOMES
2000 or Newer 2.0
1970 - 1999 38.3
1940 - 1969 55.8
1939 or Older 3.8

Types of Homes

TYPE OF Hawaiian Gardens HOMES
Single-Family 39.1
Townhomes 10.0
Small Apt. Buildings 12.9
Apt. Complexes 32.7
Mobile Homes 5.3
Other 0.0

Home Size

SIZE OF Hawaiian Gardens HOMES
No Bedroom 4.59
1 Bedroom 7.47
2 Bedrooms 57.71
3 Bedrooms 25.62
4 Bedrooms 4.39
5 or more bedrooms 0.22

Popular Neighborhoods in Hawaiian Gardens

Zip Codes in Hawaiian Gardens, CA