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 a population of 4,007, 1,319 total housing units (homes and apartments), and a median house value of $470,696, real estate costs in Kings Beach 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.
Single-family detached homes are the single most common housing type in Kings Beach, accounting for 63.06% of the town's housing units. Other types of housing that are prevalent in Kings Beach include duplexes, homes converted to apartments or other small apartment buildings ( 18.02%), large apartment complexes or high rise apartments ( 12.73%), and a few mobile homes or trailers ( 3.39%).
People in Kings Beach primarily live in small (one, two or no bedroom) single-family detached homes. Kings Beach has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Kings Beach 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 Kings Beach built between 1940-1969 ( 31.69%). A lesser amount of the housing stock also hails from before 1939 ( 10.00%). There's also some housing in Kings Beach built between 2000 and later ( 8.51%).
A decent proportion of the Kings Beach housing stock is seasonally occupied. That is, homes and condos in Kings Beach are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Kings Beach housing market speaks to its popularity as a vacation location of choice.
Real estate appreciation rates in Kings Beach's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.10% during the period.
Appreciation rates are so strong in Kings Beach that despite a nationwide downturn in the housing market, Kings Beach real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kings Beach appreciation rates continue to be some of the highest in America, at 9.70%, which is higher than appreciation rates in 92.95% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kings Beach. Kings Beach appreciation rates in the latest quarter were at 2.60%, which equates to an annual appreciation rate of 10.82%.
Importantly, this makes Kings Beach one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to California, our data show that Kings Beach's latest annual appreciation rate is higher than 80% of the other cities and towns in California.
|$1,006,001 - $1,341,000||3.0|
|$670,001 - $1,006,000||8.6|
|$537,001 - $670,000||21.8|
|$402,001 - $537,000||24.5|
|$268,001 - $402,000||18.6|
|$134,001 - $268,000||5.4|
|$67,001 - $134,000||0.2|
|$0 - $67,000||10.6|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Kings Beach HOMES|
|2000 or Newer||8.5|
|1970 - 1999||49.8|
|1940 - 1969||31.7|
|1939 or Older||10.0|
|TYPE OF Kings Beach HOMES|
|Small Apt. Buildings||18.0|
|SIZE OF Kings Beach HOMES|
|5 or more bedrooms||3.18|