Huntington Park, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Huntington Park Neighborhoods Since 2000




Huntington Park, 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

Huntington Park Housing Market Information

With 59,430 people, 14,559 houses or apartments, and a median cost of homes of $411,164, real estate costs in Huntington Park 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 Huntington Park, accounting for 39.14% of the city's housing units. Other types of housing that are prevalent in Huntington Park include large apartment complexes or high rise apartments ( 35.12%), duplexes, homes converted to apartments or other small apartment buildings ( 15.96%), and a few row houses and other attached homes ( 9.66%).

Huntington Park is dominated by renter-occupied one, two, or no bedrooms apartments. 76.04% of Huntington Park's dwellings are rentals.

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. Huntington Park's housing was primarily built during this period, from the '40s through the '60s. A full 50.90% of the city's housing hails from this era. Other housing ages represented in Huntington Park include homes built before 1939 ( 25.19%) and housing constructed between 1970-1999 ( 22.78%). There's also some housing in Huntington Park built between 2000 and later ( 1.12%).

Huntington Park Home Appreciation Rates

Huntington Park's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Huntington Park during the period has been just -1.93%, which is lower than 80% of US communities.

Appreciation rates are so strong in Huntington Park that despite a nationwide downturn in the housing market, Huntington Park real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Huntington Park appreciation rates continue to be some of the highest in America, at 7.94%, which is higher than appreciation rates in 86.42% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Huntington Park. Huntington Park appreciation rates in the latest quarter were at 1.99%, which equates to an annual appreciation rate of 8.20%.

Importantly, this makes Huntington Park 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 Huntington Park's latest annual appreciation rate is higher than 50% 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 Huntington Park differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Huntington Park - 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 Huntington Park real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$411,164

Huntington Park, CA HOME PRICES

Value Range
> $1,367,000 0.0
$1,025,001 - $1,367,000 0.1
$684,001 - $1,025,000 5.4
$546,001 - $684,000 11.2
$410,001 - $546,000 33.6
$274,001 - $410,000 31.6
$136,001 - $274,000 15.6
$68,001 - $136,000 1.3
$0 - $68,000 1.2

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
8.93003632954412 52.5132275132275

Number Of Homes And Apartments:
14,559

Huntington Park 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
130.16% 4.95% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,277 / per month

Homeownership Rate

Homeownership
Owners 23.96
Renters 76.04
Vacant 3.12

Housing Market Details

 

Age of Homes

AGE OF Huntington Park HOMES
2000 or Newer 1.1
1970 - 1999 22.8
1940 - 1969 50.9
1939 or Older 25.2

Types of Homes

TYPE OF Huntington Park HOMES
Single-Family 39.1
Townhomes 9.7
Small Apt. Buildings 16.0
Apt. Complexes 35.1
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Huntington Park HOMES
No Bedroom 9.46
1 Bedroom 34.54
2 Bedrooms 31.95
3 Bedrooms 18.53
4 Bedrooms 4.54
5 or more bedrooms 0.98