Indian Wells, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Indian Wells Neighborhoods Since 2000




Indian Wells, 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

Indian Wells Housing Market Information

With a population of 5,289, 2,798 total housing units (homes and apartments), and a median house value of $817,984, Indian Wells house prices are not only among the most expensive in California, Indian Wells real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Indian Wells, accounting for 64.57% of the city's housing units. Other types of housing that are prevalent in Indian Wells include row houses and other attached homes ( 22.38%), large apartment complexes or high rise apartments ( 6.77%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.60%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Indian Wells. Owner-occupied housing accounts for 83.45% of Indian Wells's homes, and 67.05% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Indian Wells 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 Indian Wells built between 2000 and later ( 22.03%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.97%).

A decent proportion of the Indian Wells housing stock is seasonally occupied. That is, homes and condos in Indian Wells 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 Indian Wells housing market speaks to its popularity as a vacation location of choice.

Indian Wells Home Appreciation Rates

Indian Wells's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Indian Wells during the period has been just -1.33%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Indian Wells's appreciation rate, at 3.29%, has been at or slightly above the national average. In the latest quarter, Indian Wells's appreciation rate has been 2.02%, which annualizes to a rate of 8.32%.

Importantly, this makes Indian Wells 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 Indian Wells's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$817,984

Indian Wells, CA HOME PRICES

Value Range
> $1,197,000 14.3
$897,001 - $1,197,000 16.9
$599,001 - $897,000 23.9
$479,001 - $599,000 9.2
$359,001 - $479,000 14.2
$240,001 - $359,000 10.0
$120,001 - $240,000 8.0
$60,001 - $120,000 1.5
$0 - $60,000 2.0

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
1.81647720614086 17.5925925925926

Number Of Homes And Apartments:
2,798

Indian Wells 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
77.21% 3.37% 4 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,319 / per month

Homeownership Rate

Homeownership
Owners 83.45
Renters 16.55
Vacant 48.92

Housing Market Details

 

Age of Homes

AGE OF Indian Wells HOMES
2000 or Newer 22.0
1970 - 1999 62.5
1940 - 1969 15.0
1939 or Older 0.5

Types of Homes

TYPE OF Indian Wells HOMES
Single-Family 64.6
Townhomes 22.4
Small Apt. Buildings 5.6
Apt. Complexes 6.8
Mobile Homes 0.7
Other 0.0

Home Size

SIZE OF Indian Wells HOMES
No Bedroom 2.19
1 Bedroom 6.72
2 Bedrooms 23.02
3 Bedrooms 45.05
4 Bedrooms 22.00
5 or more bedrooms 1.02

Popular Neighborhoods in Indian Wells

Zip Codes in Indian Wells, CA