Kingsburg, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Kingsburg, CA Real Estate Data


Kingsburg Housing Market Information

With 11,824 people, 3,815 houses or apartments, and a median cost of homes of $307,144, Kingsburg real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Kingsburg, accounting for 75.97% of the city's housing units. Other types of housing that are prevalent in Kingsburg include large apartment complexes or high rise apartments ( 9.64%), duplexes, homes converted to apartments or other small apartment buildings ( 5.94%), and a few mobile homes or trailers ( 4.40%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kingsburg. Owner-occupied housing accounts for 66.20% of Kingsburg's homes, and 65.70% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Kingsburg 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 Kingsburg built between 1940-1969 ( 22.12%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.51%). There's also some housing in Kingsburg built before 1939 ( 6.79%).

Kingsburg Home Appreciation Rates

Kingsburg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Kingsburg during the period has been just -1.93%, which is lower than 80% of US communities.

Appreciation rates are so strong in Kingsburg that despite a nationwide downturn in the housing market, Kingsburg real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kingsburg appreciation rates continue to be some of the highest in America, at 6.88%, which is higher than appreciation rates in 83.61% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kingsburg. Kingsburg appreciation rates in the latest quarter were at 1.07%, which equates to an annual appreciation rate of 4.35%.

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

Average Home Values

 

Median Home Value:
$307,144

Kingsburg, CA HOME PRICES

Value Range
> $1,292,000 0.0
$969,001 - $1,292,000 1.0
$646,001 - $969,000 4.7
$517,001 - $646,000 4.6
$388,001 - $517,000 14.0
$258,001 - $388,000 32.9
$129,001 - $258,000 31.8
$65,001 - $129,000 5.4
$0 - $65,000 5.7

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
16.1972243368273 67.2391017173051

Number Of Homes And Apartments:
3,815

Rent & Ownership

 

Average Market Rent:
$1,096 / per month

Homeownership Rate

Homeownership
Owners 66.20
Renters 33.80
Vacant 4.00

Housing Market Details

 

Age of Homes

AGE OF Kingsburg HOMES
2000 or Newer 16.5
1970 - 1999 54.6
1940 - 1969 22.1
1939 or Older 6.8

Types of Homes

TYPE OF Kingsburg HOMES
Single-Family 76.0
Townhomes 4.1
Small Apt. Buildings 5.9
Apt. Complexes 9.6
Mobile Homes 4.4
Other 0.0

Home Size

SIZE OF Kingsburg HOMES
No Bedroom 0.60
1 Bedroom 11.88
2 Bedrooms 18.95
3 Bedrooms 48.64
4 Bedrooms 17.06
5 or more bedrooms 2.87

Kingsburg Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
85.08% 3.69% 6 9
* 10 is highest

Popular Neighborhoods in Kingsburg

Zip Codes in Kingsburg, CA