La Canada Flintridge CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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La Canada Flintridge, 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 Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

La Canada Flintridge Housing Market Information

With a population of 20,227, 6,583 total housing units (homes and apartments), and a median house value of $1,565,658, La Canada Flintridge house prices are not only among the most expensive in California, La Canada Flintridge real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in La Canada Flintridge, accounting for 93.93% of the city's housing units. Other types of housing that are prevalent in La Canada Flintridge include row houses and other attached homes ( 2.86%), large apartment complexes or high rise apartments ( 2.22%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in La Canada Flintridge. Owner-occupied housing accounts for 89.30% of La Canada Flintridge's homes, and 76.40% have either three or four bedrooms, which is average sized relative to America.

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. La Canada Flintridge's housing was primarily built during this period, from the '40s through the '60s. A full 67.36% of the city's housing hails from this era. Other housing ages represented in La Canada Flintridge include homes built between 1970-1999 ( 16.83%) and housing constructed before 1939 ( 11.63%). There's also some housing in La Canada Flintridge built between 2000 and later ( 4.18%).

La Canada Flintridge Home Appreciation Rates

Appreciation rates for homes in La Canada Flintridge have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 46.56%, which ranks in the top 30% nationwide. This equates to an annual average La Canada Flintridge house appreciation rate of 3.90%.

Over the last year, La Canada Flintridge appreciation rates have trailed the rest of the nation. In the last twelve months, La Canada Flintridge's appreciation rate has been 3.35%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in La Canada Flintridge were at 1.28%, which equates to an annual appreciation rate of 5.23%.

Relative to California, our data show that La Canada Flintridge's latest annual appreciation rate is lower than 60% 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 La Canada Flintridge differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in La Canada Flintridge - 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 La Canada Flintridge real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$1,565,658

La Canada Flintridge, CA HOME PRICES

Value Range
> $1,085,000 78.1
$814,001 - $1,085,000 11.3
$542,001 - $814,000 4.7
$434,001 - $542,000 2.3
$326,001 - $434,000 1.4
$217,001 - $326,000 0.8
$108,001 - $217,000 1.1
$54,001 - $108,000 0.0
$0 - $54,000 0.4

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.467153284671533 5.24246395806029

Number Of Homes And Apartments:
6,583

La Canada Flintridge Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
152.74% 4.63%
8
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$4,627 / per month

Homeownership Rate

Homeownership
Owners 89.30
Renters 10.70
Vacant 6.17

Housing Market Details

 

Age of Homes

AGE OF La Canada Flintridge HOMES
2000 or Newer 4.2
1970 - 1999 16.8
1940 - 1969 67.4
1939 or Older 11.6

Types of Homes

TYPE OF La Canada Flintridge HOMES
Single-Family 93.9
Townhomes 2.9
Small Apt. Buildings 1.0
Apt. Complexes 2.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF La Canada Flintridge HOMES
No Bedroom 0.00
1 Bedroom 0.94
2 Bedrooms 8.34
3 Bedrooms 43.99
4 Bedrooms 32.41
5 or more bedrooms 14.32