Lamont, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Lamont Neighborhoods Since 2000




Lamont, 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

Lamont Housing Market Information

With 15,731 people, 3,650 houses or apartments, and a median cost of homes of $108,325, house prices in Lamont are solidly below the national average.

Single-family detached homes are the single most common housing type in Lamont, accounting for 69.95% of the town's housing units. Other types of housing that are prevalent in Lamont include large apartment complexes or high rise apartments ( 10.82%), duplexes, homes converted to apartments or other small apartment buildings ( 9.99%), and a few mobile homes or trailers ( 6.56%).

The most prevalent building size and type in Lamont are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 40.88% owning and 59.12% renting.

There is a lot of housing in Lamont 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 Lamont built between 1940-1969 ( 39.70%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.74%). There's also some housing in Lamont built before 1939 ( 8.13%).

Lamont Home Appreciation Rates

Homes have actually lost value in Lamont over the last then years, as home values have seen a decline of 40.84% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Lamont home appreciation rates at -0.13%, which equates to an annual appreciation rate of -0.52%.

Over the last year, Lamont appreciation rates have trailed the rest of the nation. In the last twelve months, Lamont's appreciation rate has been 2.48%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lamont were at -0.13%, which equates to an annual appreciation rate of -0.52%.

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

Average Home Values

 

Median Home Value:
$108,325

Lamont, CA HOME PRICES

Value Range
> $1,270,000 0.0
$952,001 - $1,270,000 0.0
$635,001 - $952,000 0.5
$508,001 - $635,000 0.5
$381,001 - $508,000 0.0
$254,001 - $381,000 2.8
$127,001 - $254,000 40.3
$63,001 - $127,000 41.4
$0 - $63,000 14.3

Very Low for CA
Low for Nation

Value Relative to Nation Value Relative to State
72.360248447205 98.6772486772487

Number Of Homes And Apartments:
3,650

Lamont 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
72.27% 3.20% 4 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$862 / per month

Homeownership Rate

Homeownership
Owners 40.88
Renters 59.12
Vacant 5.78

Housing Market Details

 

Age of Homes

AGE OF Lamont HOMES
2000 or Newer 11.7
1970 - 1999 40.4
1940 - 1969 39.7
1939 or Older 8.1

Types of Homes

TYPE OF Lamont HOMES
Single-Family 70.0
Townhomes 2.7
Small Apt. Buildings 10.0
Apt. Complexes 10.8
Mobile Homes 6.6
Other 0.0

Home Size

SIZE OF Lamont HOMES
No Bedroom 2.37
1 Bedroom 7.18
2 Bedrooms 36.71
3 Bedrooms 39.67
4 Bedrooms 10.94
5 or more bedrooms 3.12

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Zip Codes in Lamont, CA