Imperial, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Imperial Neighborhoods Since 2000




Imperial, 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 Housing Market Information

With 17,095 people, 4,471 houses or apartments, and a median cost of homes of $241,444, Imperial real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Imperial, accounting for 81.73% of the city's housing units. Other types of housing that are prevalent in Imperial include large apartment complexes or high rise apartments ( 6.20%), row houses and other attached homes ( 5.90%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.58%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Imperial. Owner-occupied housing accounts for 71.65% of Imperial's homes, and 71.96% have either three or four bedrooms, which is average sized relative to America.

Imperial homes and real estate are some of the newest in America. 52.78% of Imperial's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Imperial real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 34.84%), and between 1940-1969 ( 11.96%).

Vacant housing appears to be an issue in Imperial. Fully 12.62% of the housing stock is classified as vacant. Left unchecked, vacant Imperial homes and apartments can be a drag on the real estate market, holding Imperial real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Imperial Home Appreciation Rates

Homes have actually lost value in Imperial over the last then years, as home values have seen a decline of 21.92% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Imperial home appreciation rates at 0.53%, which equates to an annual appreciation rate of 2.14%.

Appreciation rates are so strong in Imperial that despite a nationwide downturn in the housing market, Imperial real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Imperial appreciation rates continue to be some of the highest in America, at 8.28%, which is higher than appreciation rates in 88.01% 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. Imperial appreciation rates in the latest quarter were at 0.53%, which equates to an annual appreciation rate of 2.14%.

Relative to California, our data show that Imperial's latest annual appreciation rate is higher than 50% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$241,444

Imperial, CA HOME PRICES

Value Range
> $1,330,000 0.0
$998,001 - $1,330,000 0.0
$665,001 - $998,000 0.6
$532,001 - $665,000 0.0
$399,001 - $532,000 5.4
$266,001 - $399,000 31.7
$133,001 - $266,000 51.9
$66,001 - $133,000 7.2
$0 - $66,000 3.1

Low for CA
High for Nation

Value Relative to Nation Value Relative to State
23.8954646665885 78.0423280423281

Number Of Homes And Apartments:
4,471

Imperial 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
61.81% 2.83% 2 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,449 / per month

Homeownership Rate

Homeownership
Owners 71.65
Renters 28.35
Vacant 12.62

Housing Market Details

 

Age of Homes

AGE OF Imperial HOMES
2000 or Newer 52.8
1970 - 1999 34.8
1940 - 1969 12.0
1939 or Older 0.4

Types of Homes

TYPE OF Imperial HOMES
Single-Family 81.7
Townhomes 5.9
Small Apt. Buildings 3.6
Apt. Complexes 6.2
Mobile Homes 2.6
Other 0.0

Home Size

SIZE OF Imperial HOMES
No Bedroom 1.11
1 Bedroom 4.79
2 Bedrooms 12.80
3 Bedrooms 36.60
4 Bedrooms 35.35
5 or more bedrooms 9.34

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Zip Codes in Imperial, CA