Inglewood CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Inglewood, 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Inglewood Housing Market Information

With 109,419 people, 36,604 houses or apartments, and a median cost of homes of $523,754, 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 41.35% of the city's housing units. Other types of housing that are prevalent in Inglewood include single-family detached homes ( 37.75%), duplexes, homes converted to apartments or other small apartment buildings ( 15.21%), and a few row houses and other attached homes ( 5.10%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.

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 51.06% of the city's housing hails from this era. Other housing ages represented in Inglewood include homes built between 1970-1999 ( 26.35%) and housing constructed before 1939 ( 18.49%). There's also some housing in Inglewood built between 2000 and later ( 4.09%).

Inglewood Home Appreciation Rates

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 108.69% over the last ten years, which is an average annual home appreciation rate of 7.63%, 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 5.28%, has been at or slightly above the national average. In the latest quarter, Inglewood's appreciation rate has been 1.00%, which annualizes to a rate of 4.08%.

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.

Average Home Values

 

Median Home Value:
$523,754

Inglewood, CA HOME PRICES

Value Range
> $1,388,000 1.5
$1,041,001 - $1,388,000 2.7
$694,001 - $1,041,000 23.8
$555,001 - $694,000 19.7
$417,001 - $555,000 23.9
$277,001 - $417,000 20.1
$139,001 - $277,000 6.1
$70,001 - $139,000 0.7
$0 - $70,000 1.5

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
6.8963503649635 44.5609436435125

Number Of Homes And Apartments:
36,604

Inglewood Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
232.86% 6.12%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,844 / per month

Homeownership Rate

Homeownership
Owners 35.02
Renters 64.98
Vacant 4.56

Housing Market Details

 

Age of Homes

AGE OF Inglewood HOMES
2000 or Newer 4.1
1970 - 1999 26.4
1940 - 1969 51.1
1939 or Older 18.5

Types of Homes

TYPE OF Inglewood HOMES
Single-Family 37.8
Townhomes 5.1
Small Apt. Buildings 15.2
Apt. Complexes 41.4
Mobile Homes 0.5
Other 0.1

Home Size

SIZE OF Inglewood HOMES
No Bedroom 5.29
1 Bedroom 22.74
2 Bedrooms 42.37
3 Bedrooms 24.84
4 Bedrooms 4.23
5 or more bedrooms 0.53