Malibu, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q3 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Malibu Housing Market Information

With 12,877 people, 5,589 houses or apartments, and a median cost of homes of $1,952,916, 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 62.69% of the city's housing units. Other types of housing that are prevalent in Malibu include mobile homes or trailers ( 11.81%), large apartment complexes or high rise apartments ( 9.04%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.48%).

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 69.94% of Malibu's homes, and 50.58% 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 ( 31.87%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.17%). There's also some housing in Malibu built before 1939 ( 3.21%).

Vacant housing appears to be an issue in Malibu. Fully 24.25% 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

In the last 10 years, Malibu has experienced some of the highest home appreciation rates of any community in the nation. Malibu real estate appreciated 59.42% over the last ten years, which is an average annual home appreciation rate of 4.77%, putting Malibu in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Malibu 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 Malibu that despite a nationwide downturn in the housing market, Malibu real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Malibu appreciation rates continue to be some of the highest in America, at 12.46%, which is higher than appreciation rates in 98.12% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Malibu. Malibu appreciation rates in the latest quarter were at 2.08%, which equates to an annual appreciation rate of 8.60%.

Relative to California, our data show that Malibu's latest annual appreciation rate is higher 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:
$1,952,916

Malibu, CA HOME PRICES

Value Range
> $1,441,000 67.6
$1,081,001 - $1,441,000 7.7
$721,001 - $1,081,000 12.2
$576,001 - $721,000 1.5
$432,001 - $576,000 3.1
$288,001 - $432,000 1.6
$144,001 - $288,000 3.4
$72,001 - $144,000 1.3
$0 - $72,000 1.7

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.28029197080292 3.93184796854522

Number Of Homes And Apartments:
5,589

Malibu Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
Since 2000:
2000 Q1 - 2018 Q3
183.80% 5.72%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$4,733 / per month

Homeownership Rate

Homeownership
Owners 69.94
Renters 30.06
Vacant 24.25

Housing Market Details

 

Age of Homes

AGE OF Malibu HOMES
2000 or Newer 8.2
1970 - 1999 56.7
1940 - 1969 31.9
1939 or Older 3.2

Types of Homes

TYPE OF Malibu HOMES
Single-Family 62.7
Townhomes 8.0
Small Apt. Buildings 8.5
Apt. Complexes 9.0
Mobile Homes 11.8
Other 0.0

Home Size

SIZE OF Malibu HOMES
No Bedroom 1.65
1 Bedroom 9.95
2 Bedrooms 27.89
3 Bedrooms 34.36
4 Bedrooms 16.22
5 or more bedrooms 9.92