Imperial Beach, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Imperial Beach Neighborhoods Since 2000




Imperial Beach, 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

Imperial Beach Housing Market Information

With 27,408 people, 9,014 houses or apartments, and a median cost of homes of $492,570, real estate costs in Imperial Beach 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 Imperial Beach, accounting for 46.02% of the city's housing units. Other types of housing that are prevalent in Imperial Beach include large apartment complexes or high rise apartments ( 32.56%), row houses and other attached homes ( 10.50%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.84%).

Imperial Beach is dominated by renter-occupied one, two, or no bedrooms apartments. 69.05% of Imperial Beach'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. Imperial Beach's housing was primarily built during this period, from the '40s through the '60s. A full 48.76% of the city's housing hails from this era. Other housing ages represented in Imperial Beach include homes built between 1970-1999 ( 45.26%) and housing constructed between 2000 and later ( 3.20%). There's also some housing in Imperial Beach built before 1939 ( 2.78%).

Imperial Beach Home Appreciation Rates

Appreciation rates for homes in Imperial Beach have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.39%, which ranks in the top 50% nationwide. This equates to an annual average Imperial Beach house appreciation rate of 0.24%.

Appreciation rates are so strong in Imperial Beach that despite a nationwide downturn in the housing market, Imperial Beach real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Imperial Beach appreciation rates continue to be some of the highest in America, at 9.92%, which is higher than appreciation rates in 93.67% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Imperial Beach. Imperial Beach appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.89%.

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

Average Home Values

 

Median Home Value:
$492,570

Imperial Beach, CA HOME PRICES

Value Range
> $1,422,000 2.4
$1,066,001 - $1,422,000 2.0
$711,001 - $1,066,000 8.2
$569,001 - $711,000 19.3
$426,001 - $569,000 30.2
$284,001 - $426,000 22.1
$142,001 - $284,000 9.3
$71,001 - $142,000 1.8
$0 - $71,000 4.7

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
6.12914566975272 40.8730158730159

Number Of Homes And Apartments:
9,014

Imperial Beach 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
117.95% 4.62% 8 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,733 / per month

Homeownership Rate

Homeownership
Owners 30.95
Renters 69.05
Vacant 8.24

Housing Market Details

 

Age of Homes

AGE OF Imperial Beach HOMES
2000 or Newer 3.2
1970 - 1999 45.3
1940 - 1969 48.8
1939 or Older 2.8

Types of Homes

TYPE OF Imperial Beach HOMES
Single-Family 46.0
Townhomes 10.5
Small Apt. Buildings 9.8
Apt. Complexes 32.6
Mobile Homes 0.7
Other 0.4

Home Size

SIZE OF Imperial Beach HOMES
No Bedroom 3.06
1 Bedroom 17.74
2 Bedrooms 40.08
3 Bedrooms 30.20
4 Bedrooms 7.99
5 or more bedrooms 0.92