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Joshua Tree, 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 Q1 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

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

Joshua Tree, CA Housing Market Trends

With 6,489 people, 2,904 houses or apartments, and a median cost of homes of $426,561, Joshua Tree real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Joshua Tree, accounting for 84.62% of the town's housing units. Other types of housing that are prevalent in Joshua Tree include duplexes, homes converted to apartments or other small apartment buildings ( 8.09%), large apartment complexes or high rise apartments ( 5.43%), and a few mobile homes or trailers ( 1.27%).

People in Joshua Tree primarily live in small (one, two or no bedroom) single-family detached homes. Joshua Tree has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Joshua Tree 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 Joshua Tree built between 1940-1969 ( 27.99%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.22%). There's also some housing in Joshua Tree built before 1939 ( 3.21%).

Vacant housing appears to be an issue in Joshua Tree. Fully 24.94% of the housing stock is classified as vacant. Left unchecked, vacant Joshua Tree homes and apartments can be a drag on the real estate market, holding Joshua Tree 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.

Joshua Tree Home Appreciation Rates

In the last 10 years, Joshua Tree has experienced some of the highest home appreciation rates of any community in the nation. Joshua Tree real estate appreciated 322.16% over the last ten years, which is an average annual home appreciation rate of 15.49%, putting Joshua Tree in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Joshua Tree 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, Joshua Tree's appreciation rate, at 9.26%, has been at or slightly above the national average. In the latest quarter, Joshua Tree's appreciation rate has been -2.34%, which annualizes to a rate of -9.02%.

Notably, Joshua Tree's appreciation rate in the latest quarter is one of the lowest in America.

Relative to California, our data show that Joshua Tree's latest annual appreciation rate is higher than 90% of the other cities and towns in California.

Average Home Values

Median Home Value

$426,561

Joshua Tree, CA Home Prices
> $1,734,000
$1,301,001 - $1,734,000
$867,001 - $1,301,000
$694,001 - $867,000
$520,001 - $694,000
$347,001 - $520,000
$174,001 - $347,000
$87,001 - $174,000
$0 - $87,000
2.2%
2.2%
5.3%
5.3%
4.3%
4.3%
6.6%
6.6%
9.6%
9.6%
30.2%
30.2%
29.4%
29.4%
9.7%
9.7%
2.8%
2.8%
0% 100.0%
% of Homes
Low

for California

Very High

for nation

Number of Homes And Apartments:

2,904

Joshua Tree Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,897 / per month

Homeownership Rate

Owners
Renters
Vacant
56.3%
56.3%
43.7%
43.7%
24.9%
24.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
11.2%
11.2%
57.6%
57.6%
28.0%
28.0%
3.2%
3.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
84.6%
84.6%
0.0%
0.0%
8.1%
8.1%
5.4%
5.4%
1.3%
1.3%
0.6%
0.6%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.5%
4.5%
13.3%
13.3%
35.8%
35.8%
38.4%
38.4%
7.9%
7.9%
0.0%
0.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Joshua Tree

Popular Communities Near Joshua Tree, CA

Zip Codes in Joshua Tree, CA