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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 12,877 people, 5,499 houses or apartments, and a median cost of homes of $1,191,237, Malibu house prices are not only among the most expensive in California, Malibu real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Malibu, accounting for 61.12% of the city's housing units. Other types of housing that are prevalent in Malibu include mobile homes or trailers ( 11.94%), duplexes, homes converted to apartments or other small apartment buildings ( 9.48%), and a few row houses and other attached homes ( 8.92%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Malibu. Owner-occupied housing accounts for 72.97% of Malibu's homes, and 52.87% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Malibu 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 Malibu built between 1940-1969 ( 34.52%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.13%). There's also some housing in Malibu built before 1939 ( 5.09%).
Vacant housing appears to be an issue in Malibu. Fully 26.17% of the housing stock is classified as vacant. Left unchecked, vacant Malibu homes and apartments can be a drag on the real estate market, holding Malibu real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Homes have actually lost value in Malibu over the last then years, as home values have seen a decline of 6.58% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Malibu home appreciation rates at 0.39%, which equates to an annual appreciation rate of 1.55%.
Over the last year, Malibu appreciation rates have trailed the rest of the nation. In the last twelve months, Malibu's appreciation rate has been -31.51%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Malibu were at 0.39%, which equates to an annual appreciation rate of 1.55%.
Relative to California, our data show that Malibu's latest annual appreciation rate is lower than 90% of the other cities and towns in California.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Malibu differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Malibu - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Malibu real estate investment or home purchase decisions.
|$614,001 - $820,000||6.2|
|$410,001 - $614,000||12.0|
|$328,001 - $410,000||0.9|
|$246,001 - $328,000||3.1|
|$164,001 - $246,000||1.8|
|$82,001 - $164,000||3.6|
|$41,001 - $82,000||0.6|
|$0 - $41,000||2.3|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
2000 Q1 - 2019 Q1
|* 10 is highest|
|AGE OF Malibu HOMES|
|2000 or Newer||9.1|
|1970 - 1999||51.3|
|1940 - 1969||34.5|
|1939 or Older||5.1|
|TYPE OF Malibu HOMES|
|Small Apt. Buildings||9.5|
|SIZE OF Malibu HOMES|
|5 or more bedrooms||10.24|