Live Oak, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Live Oak, CA Real Estate Data


Live Oak Housing Market Information

With a population of 8,531, 2,405 total housing units (homes and apartments), and a median house value of $230,803, Live Oak real estate values are some of the lowest in California, although compared to real estate around the nation, Live Oak homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Live Oak, accounting for 72.22% of the city's housing units. Other types of housing that are prevalent in Live Oak include duplexes, homes converted to apartments or other small apartment buildings ( 10.46%), row houses and other attached homes ( 7.85%), and a few mobile homes or trailers ( 5.51%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Live Oak. Owner-occupied housing accounts for 65.35% of Live Oak's homes, and 69.20% have either three or four bedrooms, which is average sized relative to America.

Live Oak homes and real estate are some of the newest in America. 34.09% of Live Oak'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 Live Oak real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 30.56%), and between 1940-1969 ( 29.01%). There's also some housing in Live Oak built before 1939 ( 6.34%).

Live Oak Home Appreciation Rates

Homes have actually lost value in Live Oak over the last then years, as home values have seen a decline of 28.47% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Live Oak home appreciation rates at 2.29%, which equates to an annual appreciation rate of 9.48%.

Appreciation rates are so strong in Live Oak that despite a nationwide downturn in the housing market, Live Oak real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Live Oak appreciation rates continue to be some of the highest in America, at 9.23%, which is higher than appreciation rates in 96.23% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Live Oak. Live Oak appreciation rates in the latest quarter were at 2.29%, which equates to an annual appreciation rate of 9.48%.

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

Average Home Values

 

Median Home Value:
$230,803

Live Oak, CA HOME PRICES

Value Range
> $1,381,000 1.5
$1,036,001 - $1,381,000 1.3
$690,001 - $1,036,000 3.7
$553,001 - $690,000 4.0
$415,001 - $553,000 3.1
$276,001 - $415,000 15.9
$138,001 - $276,000 46.8
$69,001 - $138,000 17.9
$0 - $69,000 5.6

Very Low for CA
High for Nation

Value Relative to Nation Value Relative to State
26.4390700942789 81.7701453104359

Number Of Homes And Apartments:
2,405

Rent & Ownership

 

Average Market Rent:
$1,126 / per month

Homeownership Rate

Homeownership
Owners 65.35
Renters 34.65
Vacant 4.68

Housing Market Details

 

Age of Homes

AGE OF Live Oak HOMES
2000 or Newer 34.1
1970 - 1999 30.6
1940 - 1969 29.0
1939 or Older 6.3

Types of Homes

TYPE OF Live Oak HOMES
Single-Family 72.2
Townhomes 7.8
Small Apt. Buildings 10.5
Apt. Complexes 4.0
Mobile Homes 5.5
Other 0.0

Home Size

SIZE OF Live Oak HOMES
No Bedroom 0.55
1 Bedroom 7.65
2 Bedrooms 16.88
3 Bedrooms 52.40
4 Bedrooms 16.81
5 or more bedrooms 5.71

Live Oak 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
72.83% 3.27% 5 9
* 10 is highest

Popular Neighborhoods in Live Oak

Zip Codes in Live Oak, CA