Laguna Hills, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Laguna Hills Neighborhoods Since 2000




Laguna Hills, 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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Laguna Hills Housing Market Information

With a population of 31,748, 10,235 total housing units (homes and apartments), and a median house value of $774,585, Laguna Hills house prices are not only among the most expensive in California, Laguna Hills 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 Laguna Hills, accounting for 57.52% of the city's housing units. Other types of housing that are prevalent in Laguna Hills include large apartment complexes or high rise apartments ( 17.07%), row houses and other attached homes ( 16.54%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.14%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Laguna Hills. Owner-occupied housing accounts for 67.90% of Laguna Hills's homes, and 58.13% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Laguna Hills 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 Laguna Hills built between 1940-1969 ( 9.65%). A lesser amount of the housing stock also hails from between 2000 and later ( 3.08%).

Laguna Hills Home Appreciation Rates

Appreciation rates for homes in Laguna Hills have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.38%, which ranks in the top 50% nationwide. This equates to an annual average Laguna Hills house appreciation rate of 0.04%.

Appreciation rates are so strong in Laguna Hills that despite a nationwide downturn in the housing market, Laguna Hills real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Laguna Hills appreciation rates continue to be some of the highest in America, at 6.62%, which is higher than appreciation rates in 78.73% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Laguna Hills. Laguna Hills appreciation rates in the latest quarter were at 1.99%, which equates to an annual appreciation rate of 8.20%.

Importantly, this makes Laguna Hills one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to California, our data show that Laguna Hills's latest annual appreciation rate is lower than 70% 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 Laguna Hills differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Laguna Hills - 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 Laguna Hills real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$774,585

Laguna Hills, CA HOME PRICES

Value Range
> $1,272,000 15.9
$954,001 - $1,272,000 13.9
$636,001 - $954,000 27.5
$509,001 - $636,000 9.3
$382,001 - $509,000 10.4
$254,001 - $382,000 10.6
$128,001 - $254,000 9.4
$63,001 - $128,000 1.7
$0 - $63,000 1.5

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
2.10359779678894 19.7089947089947

Number Of Homes And Apartments:
10,235

Laguna Hills Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
118.13% 4.62% 8 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,418 / per month

Homeownership Rate

Homeownership
Owners 67.90
Renters 32.10
Vacant 5.40

Housing Market Details

 

Age of Homes

AGE OF Laguna Hills HOMES
2000 or Newer 3.1
1970 - 1999 86.6
1940 - 1969 9.6
1939 or Older 0.7

Types of Homes

TYPE OF Laguna Hills HOMES
Single-Family 57.5
Townhomes 16.5
Small Apt. Buildings 7.1
Apt. Complexes 17.1
Mobile Homes 1.7
Other 0.0

Home Size

SIZE OF Laguna Hills HOMES
No Bedroom 2.14
1 Bedroom 10.95
2 Bedrooms 18.89
3 Bedrooms 28.27
4 Bedrooms 29.86
5 or more bedrooms 9.88