Lathrop, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Lathrop Neighborhoods Since 2000




Lathrop, 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

Lathrop Housing Market Information

With 20,866 people, 5,039 houses or apartments, and a median cost of homes of $351,320, real estate costs in Lathrop 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 Lathrop, accounting for 92.54% of the city's housing units. Other types of housing that are prevalent in Lathrop include mobile homes or trailers ( 4.70%), row houses and other attached homes ( 1.21%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lathrop. Owner-occupied housing accounts for 69.86% of Lathrop's homes, and 79.39% have either three or four bedrooms, which is average sized relative to America.

Lathrop homes and real estate are some of the newest in America. 45.24% of Lathrop's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Lathrop real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 44.74%), and between 1940-1969 ( 8.49%). There's also some housing in Lathrop built before 1939 ( 1.53%).

Lathrop Home Appreciation Rates

Homes have actually lost value in Lathrop over the last then years, as home values have seen a decline of 23.93% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Lathrop home appreciation rates at 2.24%, which equates to an annual appreciation rate of 9.28%.

Appreciation rates are so strong in Lathrop that despite a nationwide downturn in the housing market, Lathrop real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Lathrop appreciation rates continue to be some of the highest in America, at 10.41%, which is higher than appreciation rates in 94.88% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Lathrop. Lathrop appreciation rates in the latest quarter were at 2.24%, which equates to an annual appreciation rate of 9.28%.

Importantly, this makes Lathrop 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 Lathrop's latest annual appreciation rate is higher than 80% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$351,320

Lathrop, CA HOME PRICES

Value Range
> $1,490,000 0.0
$1,118,001 - $1,490,000 0.4
$745,001 - $1,118,000 0.8
$596,001 - $745,000 4.1
$447,001 - $596,000 14.8
$298,001 - $447,000 33.7
$149,001 - $298,000 36.1
$75,001 - $149,000 5.4
$0 - $75,000 4.7

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
12.111801242236 60.1851851851852

Number Of Homes And Apartments:
5,039

Lathrop 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
53.24% 2.51% 1 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,914 / per month

Homeownership Rate

Homeownership
Owners 69.86
Renters 30.14
Vacant 4.55

Housing Market Details

 

Age of Homes

AGE OF Lathrop HOMES
2000 or Newer 45.2
1970 - 1999 44.7
1940 - 1969 8.5
1939 or Older 1.5

Types of Homes

TYPE OF Lathrop HOMES
Single-Family 92.5
Townhomes 1.2
Small Apt. Buildings 0.9
Apt. Complexes 0.4
Mobile Homes 4.7
Other 0.3

Home Size

SIZE OF Lathrop HOMES
No Bedroom 0.59
1 Bedroom 2.50
2 Bedrooms 5.82
3 Bedrooms 43.70
4 Bedrooms 35.69
5 or more bedrooms 11.71

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Zip Codes in Lathrop, CA