Loomis, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Loomis Neighborhoods Since 2000




Loomis, CA Real Estate Data


Loomis Housing Market Information

With a population of 6,733, 2,251 total housing units (homes and apartments), and a median house value of $460,880, real estate costs in Loomis 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 Loomis, accounting for 79.75% of the town's housing units. Other types of housing that are prevalent in Loomis include row houses and other attached homes ( 10.52%), duplexes, homes converted to apartments or other small apartment buildings ( 5.81%), and a few mobile homes or trailers ( 3.18%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Loomis. Owner-occupied housing accounts for 76.54% of Loomis's homes, and 77.40% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Loomis 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 Loomis built between 1940-1969 ( 22.23%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.25%). There's also some housing in Loomis built before 1939 ( 7.05%).

Loomis Home Appreciation Rates

Loomis's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Loomis during the period has been just -1.43%, which is lower than 80% of US communities.

Appreciation rates are so strong in Loomis that despite a nationwide downturn in the housing market, Loomis real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Loomis appreciation rates continue to be some of the highest in America, at 7.41%, which is higher than appreciation rates in 87.97% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Loomis. Loomis appreciation rates in the latest quarter were at 2.58%, which equates to an annual appreciation rate of 10.74%.

Relative to California, our data show that Loomis's latest annual appreciation rate is higher than 70% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$460,880

Loomis, CA HOME PRICES

Value Range
> $1,393,000 3.7
$1,045,001 - $1,393,000 4.1
$696,001 - $1,045,000 14.1
$557,001 - $696,000 9.7
$418,001 - $557,000 16.7
$278,001 - $418,000 39.2
$140,001 - $278,000 6.1
$69,001 - $140,000 1.3
$0 - $69,000 5.2

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
7.32564267728524 45.0462351387054

Number Of Homes And Apartments:
2,251

Rent & Ownership

 

Average Market Rent:
$1,546 / per month

Homeownership Rate

Homeownership
Owners 76.54
Renters 23.46
Vacant 7.18

Housing Market Details

 

Age of Homes

AGE OF Loomis HOMES
2000 or Newer 12.2
1970 - 1999 58.5
1940 - 1969 22.2
1939 or Older 7.1

Types of Homes

TYPE OF Loomis HOMES
Single-Family 79.8
Townhomes 10.5
Small Apt. Buildings 5.8
Apt. Complexes 0.7
Mobile Homes 3.2
Other 0.0

Home Size

SIZE OF Loomis HOMES
No Bedroom 1.77
1 Bedroom 2.80
2 Bedrooms 12.41
3 Bedrooms 44.29
4 Bedrooms 33.11
5 or more bedrooms 5.61

Loomis 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
80.28% 3.53% 6 9
* 10 is highest