Malibu, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Malibu Neighborhoods Since 2000




Malibu, 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

Malibu Housing Market Information

With a population of 12,965, 5,498 total housing units (homes and apartments), and a median house value of $2,023,890, 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 61.52% of the city's housing units. Other types of housing that are prevalent in Malibu include mobile homes or trailers ( 12.51%), large apartment complexes or high rise apartments ( 10.35%), and a few row houses and other attached homes ( 7.91%).

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 70.50% of Malibu's homes, and 50.80% 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 ( 31.25%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.41%). There's also some housing in Malibu built before 1939 ( 2.90%).

Vacant housing appears to be an issue in Malibu. Fully 25.40% 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.

Malibu Home Appreciation Rates

Appreciation rates for homes in Malibu have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.77%, which ranks in the top 40% nationwide. This equates to an annual average Malibu house appreciation rate of 0.47%.

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 -2.99%, 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 1.99%, which equates to an annual appreciation rate of 8.20%.

Importantly, this makes Malibu 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 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.

Average Home Values

 

Median Home Value:
$2,023,890

Malibu, CA HOME PRICES

Value Range
> $1,209,000 70.0
$907,001 - $1,209,000 7.1
$605,001 - $907,000 9.9
$484,001 - $605,000 4.1
$362,001 - $484,000 2.9
$242,001 - $362,000 1.0
$121,001 - $242,000 2.3
$61,001 - $121,000 1.3
$0 - $61,000 1.4

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.158209305050979 2.51322751322751

Number Of Homes And Apartments:
5,498

Malibu 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
118.39% 4.63% 8 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$4,168 / per month

Homeownership Rate

Homeownership
Owners 70.50
Renters 29.50
Vacant 25.40

Housing Market Details

 

Age of Homes

AGE OF Malibu HOMES
2000 or Newer 7.4
1970 - 1999 58.4
1940 - 1969 31.2
1939 or Older 2.9

Types of Homes

TYPE OF Malibu HOMES
Single-Family 61.5
Townhomes 7.9
Small Apt. Buildings 7.7
Apt. Complexes 10.4
Mobile Homes 12.5
Other 0.0

Home Size

SIZE OF Malibu HOMES
No Bedroom 1.70
1 Bedroom 12.05
2 Bedrooms 25.56
3 Bedrooms 33.69
4 Bedrooms 17.11
5 or more bedrooms 9.89