Hesperia, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hesperia Neighborhoods Since 2000




Hesperia, CA Real Estate Data


Hesperia Housing Market Information

With a population of 93,295, 26,203 total housing units (homes and apartments), and a median house value of $228,413, Hesperia real estate values are some of the lowest in California, although compared to real estate around the nation, Hesperia homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Hesperia, accounting for 80.52% of the city's housing units. Other types of housing that are prevalent in Hesperia include large apartment complexes or high rise apartments ( 8.78%), duplexes, homes converted to apartments or other small apartment buildings ( 5.04%), and a few mobile homes or trailers ( 3.98%).

The most prevalent building size and type in Hesperia are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.26% owning and 36.74% renting.

There is a lot of housing in Hesperia 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 Hesperia built between 2000 and later ( 22.77%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.62%).

Hesperia Home Appreciation Rates

Homes have actually lost value in Hesperia over the last then years, as home values have seen a decline of 34.59% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Hesperia home appreciation rates at 1.54%, which equates to an annual appreciation rate of 6.30%.

NeighborhoodScout's data show that during the latest twelve months, Hesperia's appreciation rate, at 5.13%, has been at or slightly above the national average. In the latest quarter, Hesperia's appreciation rate has been 1.54%, which annualizes to a rate of 6.30%.

Relative to California, our data show that Hesperia'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 city. Individual neighborhoods within Hesperia differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Hesperia - 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 Hesperia real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$228,413

Hesperia, CA HOME PRICES

Value Range
> $1,538,000 0.4
$1,153,001 - $1,538,000 0.4
$769,001 - $1,153,000 1.3
$615,001 - $769,000 2.1
$461,001 - $615,000 4.5
$308,001 - $461,000 15.8
$154,001 - $308,000 52.3
$77,001 - $154,000 16.5
$0 - $77,000 6.7

Very Low for CA
High for Nation

Value Relative to Nation Value Relative to State
26.8841131346255 82.4306472919419

Number Of Homes And Apartments:
26,203

Rent & Ownership

 

Average Market Rent:
$1,344 / per month

Homeownership Rate

Homeownership
Owners 63.26
Renters 36.74
Vacant 9.32

Housing Market Details

 

Age of Homes

AGE OF Hesperia HOMES
2000 or Newer 22.8
1970 - 1999 64.1
1940 - 1969 12.6
1939 or Older 0.5

Types of Homes

TYPE OF Hesperia HOMES
Single-Family 80.5
Townhomes 1.5
Small Apt. Buildings 5.0
Apt. Complexes 8.8
Mobile Homes 4.0
Other 0.2

Home Size

SIZE OF Hesperia HOMES
No Bedroom 1.19
1 Bedroom 5.40
2 Bedrooms 19.67
3 Bedrooms 48.14
4 Bedrooms 21.69
5 or more bedrooms 3.90

Hesperia Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
84.79% 3.68% 6 9
* 10 is highest