Inglewood, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Inglewood Neighborhoods Since 2000




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 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

Inglewood Housing Market Information

With a population of 111,666, 36,667 total housing units (homes and apartments), and a median house value of $446,681, 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 40.83% of the city's housing units. Other types of housing that are prevalent in Inglewood include single-family detached homes ( 38.35%), duplexes, homes converted to apartments or other small apartment buildings ( 14.84%), and a few row houses and other attached homes ( 5.56%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and often have a lively downtown.

Inglewood is dominated by renter-occupied one, two, or no bedrooms apartments. 65.49% of Inglewood'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. Inglewood's housing was primarily built during this period, from the '40s through the '60s. A full 53.47% of the city's housing hails from this era. Other housing ages represented in Inglewood include homes built between 1970-1999 ( 26.55%) and housing constructed before 1939 ( 16.83%). There's also some housing in Inglewood built between 2000 and later ( 3.15%).

Inglewood Home Appreciation Rates

Inglewood's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Inglewood during the period has been just -1.01%, which is lower than 70% of US communities.

Appreciation rates are so strong in Inglewood that despite a nationwide downturn in the housing market, Inglewood real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Inglewood appreciation rates continue to be some of the highest in America, at 13.52%, which is higher than appreciation rates in 98.82% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Inglewood. Inglewood appreciation rates in the latest quarter were at 1.99%, which equates to an annual appreciation rate of 8.20%.

Importantly, this makes Inglewood 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 Inglewood's latest annual appreciation rate is higher than 90% 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:
$446,681

Inglewood, CA HOME PRICES

Value Range
> $1,427,000 0.4
$1,071,001 - $1,427,000 1.9
$714,001 - $1,071,000 6.5
$571,001 - $714,000 14.8
$428,001 - $571,000 26.3
$286,001 - $428,000 30.6
$143,001 - $286,000 14.5
$71,001 - $143,000 1.9
$0 - $71,000 3.2

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
7.52373139575765 46.957671957672

Number Of Homes And Apartments:
36,667

Inglewood 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
143.57% 5.30% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,516 / per month

Homeownership Rate

Homeownership
Owners 34.51
Renters 65.49
Vacant 5.28

Housing Market Details

 

Age of Homes

AGE OF Inglewood HOMES
2000 or Newer 3.2
1970 - 1999 26.6
1940 - 1969 53.5
1939 or Older 16.8

Types of Homes

TYPE OF Inglewood HOMES
Single-Family 38.3
Townhomes 5.6
Small Apt. Buildings 14.8
Apt. Complexes 40.8
Mobile Homes 0.3
Other 0.1

Home Size

SIZE OF Inglewood HOMES
No Bedroom 4.79
1 Bedroom 25.05
2 Bedrooms 40.87
3 Bedrooms 24.08
4 Bedrooms 4.41
5 or more bedrooms 0.79