Los Altos Hills, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Los Altos Hills Neighborhoods Since 2000




Los Altos 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

Los Altos Hills Housing Market Information

With 8,419 people, 3,047 houses or apartments, and a median cost of homes of $3,768,602, Los Altos Hills house prices are not only among the most expensive in California, Los Altos Hills real estate also is some of the most expensive in all of America.

Los Altos Hills is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Los Altos Hills than is found in 98% of the communities in America.

The large homes that make up Los Altos Hills are primarily owner-occupied ( 89.05%).

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Los Altos Hills's housing was primarily built during this period, from the '40s through the '60s. A full 45.63% of the town's housing hails from this era. Other housing ages represented in Los Altos Hills include homes built between 1970-1999 ( 38.36%) and housing constructed between 2000 and later ( 10.68%). There's also some housing in Los Altos Hills built before 1939 ( 5.33%).

Los Altos Hills Home Appreciation Rates

In the last 10 years, Los Altos Hills has experienced some of the highest home appreciation rates of any community in the nation. Los Altos Hills real estate appreciated 55.50% over the last ten years, which is an average annual home appreciation rate of 4.51%, putting Los Altos Hills in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Los Altos Hills definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Los Altos Hills that despite a nationwide downturn in the housing market, Los Altos Hills real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Los Altos Hills appreciation rates continue to be some of the highest in America, at 6.94%, which is higher than appreciation rates in 80.95% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Los Altos Hills. Los Altos Hills appreciation rates in the latest quarter were at 0.59%, which equates to an annual appreciation rate of 2.39%.

Relative to California, our data show that Los Altos Hills's latest annual appreciation rate is lower than 60% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$3,768,602

Los Altos Hills, CA HOME PRICES

Value Range
> $1,311,000 92.7
$983,001 - $1,311,000 1.4
$655,001 - $983,000 1.6
$524,001 - $655,000 0.3
$393,001 - $524,000 0.0
$262,001 - $393,000 0.6
$131,001 - $262,000 0.7
$66,001 - $131,000 0.0
$0 - $66,000 2.6

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.017578811672331 0.396825396825397

Number Of Homes And Apartments:
3,047

Los Altos 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
115.30% 4.55% 8 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,758 / per month

Homeownership Rate

Homeownership
Owners 89.05
Renters 10.95
Vacant 5.67

Housing Market Details

 

Age of Homes

AGE OF Los Altos Hills HOMES
2000 or Newer 10.7
1970 - 1999 38.4
1940 - 1969 45.6
1939 or Older 5.3

Types of Homes

TYPE OF Los Altos Hills HOMES
Single-Family 96.7
Townhomes 3.3
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Los Altos Hills HOMES
No Bedroom 0.53
1 Bedroom 1.98
2 Bedrooms 5.88
3 Bedrooms 19.91
4 Bedrooms 36.59
5 or more bedrooms 35.11

Popular Neighborhoods in Los Altos Hills

Zip Codes in Los Altos Hills, CA