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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 4,153, 1,242 total housing units (homes and apartments), and a median house value of $375,382, real estate costs in Idyllwild-Pine Cove 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 Idyllwild-Pine Cove, accounting for 92.75% of the town's housing units. Other types of housing that are prevalent in Idyllwild-Pine Cove include mobile homes or trailers ( 5.01%).
Dwellings in Idyllwild-Pine Cove tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 61.75% of the homes in Idyllwild-Pine Cove have two or fewer bedrooms.
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. Idyllwild-Pine Cove's housing was primarily built during this period, from the '40s through the '60s. A full 44.82% of the town's housing hails from this era. Other housing ages represented in Idyllwild-Pine Cove include homes built between 1970-1999 ( 40.76%) and housing constructed between 2000 and later ( 7.70%). There's also some housing in Idyllwild-Pine Cove built before 1939 ( 6.72%).
A decent proportion of the Idyllwild-Pine Cove housing stock is seasonally occupied. That is, homes and condos in Idyllwild-Pine Cove are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Idyllwild-Pine Cove housing market speaks to its popularity as a vacation location of choice.
In the last 10 years, Idyllwild-Pine Cove has experienced some of the highest home appreciation rates of any community in the nation. Idyllwild-Pine Cove real estate appreciated 63.97% over the last ten years, which is an average annual home appreciation rate of 5.07%, putting Idyllwild-Pine Cove in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Idyllwild-Pine Cove definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Idyllwild-Pine Cove appreciation rates have trailed the rest of the nation. In the last twelve months, Idyllwild-Pine Cove's appreciation rate has been 2.22%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Idyllwild-Pine Cove were at 1.21%, which equates to an annual appreciation rate of 4.94%.
Relative to California, our data show that Idyllwild-Pine Cove's latest annual appreciation rate is higher than 50% of the other cities and towns in California.
|$923,001 - $1,231,000||0.0|
|$616,001 - $923,000||4.3|
|$492,001 - $616,000||10.5|
|$369,001 - $492,000||23.7|
|$247,001 - $369,000||36.4|
|$123,001 - $247,000||13.9|
|$61,001 - $123,000||0.7|
|$0 - $61,000||7.1|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
2000 Q1 - 2019 Q3
|* 10 is highest|
|AGE OF Idyllwild-Pine Cove HOMES|
|2000 or Newer||7.7|
|1970 - 1999||40.8|
|1940 - 1969||44.8|
|1939 or Older||6.7|
|TYPE OF Idyllwild-Pine Cove HOMES|
|Small Apt. Buildings||0.9|
|SIZE OF Idyllwild-Pine Cove HOMES|
|5 or more bedrooms||1.04|