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 109,419 people, 36,481 houses or apartments, and a median cost of homes of $555,300, real estate costs in Inglewood 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.
Large apartment complexes or high rise apartments are the single most common housing type in Inglewood, accounting for 41.12% of the city's housing units. Other types of housing that are prevalent in Inglewood include single-family detached homes ( 38.43%), duplexes, homes converted to apartments or other small apartment buildings ( 14.68%), and a few row houses and other attached homes ( 5.26%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
People in Inglewood primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Inglewood has a mixture of owner-occupied and renter-occupied housing.
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. Inglewood's housing was primarily built during this period, from the '40s through the '60s. A full 51.35% of the city's housing hails from this era. Other housing ages represented in Inglewood include homes built between 1970-1999 ( 26.31%) and housing constructed before 1939 ( 18.66%). There's also some housing in Inglewood built between 2000 and later ( 3.68%).
In the last 10 years, Inglewood has experienced some of the highest home appreciation rates of any community in the nation. Inglewood real estate appreciated 91.38% over the last ten years, which is an average annual home appreciation rate of 6.71%, putting Inglewood in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Inglewood definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Inglewood's appreciation rate, at 3.36%, has been at or slightly above the national average. In the latest quarter, Inglewood's appreciation rate has been 0.75%, which annualizes to a rate of 3.05%.
Notably, Inglewood's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Inglewood's latest annual appreciation rate is higher than 70% 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 Inglewood differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Inglewood - 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 Inglewood real estate investment or home purchase decisions.
|$1,116,001 - $1,488,000||2.2|
|$744,001 - $1,116,000||18.0|
|$595,001 - $744,000||20.3|
|$446,001 - $595,000||25.0|
|$298,001 - $446,000||22.8|
|$149,001 - $298,000||7.5|
|$74,001 - $149,000||0.8|
|$0 - $74,000||3.0|
|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 Inglewood HOMES|
|2000 or Newer||3.7|
|1970 - 1999||26.3|
|1940 - 1969||51.3|
|1939 or Older||18.7|
|TYPE OF Inglewood HOMES|
|Small Apt. Buildings||14.7|
|SIZE OF Inglewood HOMES|
|5 or more bedrooms||0.49|