Ione, CA Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Ione, CA Housing Market Trends

With 8,568 people, 1,935 houses or apartments, and a median cost of homes of $343,909, Ione real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Ione, accounting for 79.00% of the city's housing units. Other types of housing that are prevalent in Ione include mobile homes or trailers ( 10.21%), row houses and other attached homes ( 3.93%), and a few large apartment complexes or high rise apartments ( 3.54%).

The most prevalent building size and type in Ione are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 42.73% owning and 57.27% renting.

Ione homes and real estate are some of the newest in America. 41.56% of Ione'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 Ione real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 28.91%), and between 1940-1969 ( 16.93%). There's also some housing in Ione built before 1939 ( 12.60%).

Vacant housing appears to be an issue in Ione. Fully 14.46% of the housing stock is classified as vacant. Left unchecked, vacant Ione homes and apartments can be a drag on the real estate market, holding Ione 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.

Ione Home Appreciation Rates

In the last 10 years, Ione has experienced some of the highest home appreciation rates of any community in the nation. Ione real estate appreciated 65.75% over the last ten years, which is an average annual home appreciation rate of 5.18%, putting Ione in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Ione definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Ione appreciation rates have trailed the rest of the nation. In the last twelve months, Ione's appreciation rate has been 4.99%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ione were at 1.65%, which equates to an annual appreciation rate of 6.75%.

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

Average Home Values

 

Median Home Value:
$343,909

Ione, CA HOME PRICES

> $1,212,000
1.9%
1.9%
$909,001 - $1,212,000
4.6%
4.6%
$605,001 - $909,000
9.1%
9.1%
$485,001 - $605,000
12.1%
12.1%
$363,001 - $485,000
20.0%
20.0%
$242,001 - $363,000
29.3%
29.3%
$121,001 - $242,000
12.0%
12.0%
$61,001 - $121,000
5.5%
5.5%
$0 - $61,000
5.5%
5.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Low for CA

Value Relative To Nation

Number Of Homes And Apartments:
1,935

Ione Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
120.73% 3.84%
5
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,515 / per month

Homeownership Rate

Owners
42.7%
42.7%
Renters
57.3%
57.3%
Vacant
14.5%
14.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
41.6%
41.6%
1970 - 1999
28.9%
28.9%
1940 - 1969
16.9%
16.9%
1939 or Older
12.6%
12.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
79.0%
79.0%
Townhomes
3.9%
3.9%
Small Apt. Buildings
3.3%
3.3%
Apt. Complexes
3.5%
3.5%
Mobile Homes
10.2%
10.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
3.5%
3.5%
2 Bedrooms
17.6%
17.6%
3 Bedrooms
63.7%
63.7%
4 Bedrooms
12.6%
12.6%
5 or more bedrooms
2.6%
2.6%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Ione

Zip Codes in Ione, CA