Manteca, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Manteca, CA Real Estate Data


Manteca Housing Market Information

With 75,448 people, 22,396 houses or apartments, and a median cost of homes of $327,262, real estate costs in Manteca 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 Manteca, accounting for 76.26% of the city's housing units. Other types of housing that are prevalent in Manteca include large apartment complexes or high rise apartments ( 10.80%), row houses and other attached homes ( 5.36%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.16%).

The most prevalent building size and type in Manteca are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.50% owning and 40.50% renting.

There is a lot of housing in Manteca 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 Manteca built between 2000 and later ( 29.17%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.05%). There's also some housing in Manteca built before 1939 ( 1.84%).

Manteca Home Appreciation Rates

Homes have actually lost value in Manteca over the last then years, as home values have seen a decline of 29.63% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Manteca home appreciation rates at 1.90%, which equates to an annual appreciation rate of 7.83%.

Appreciation rates are so strong in Manteca that despite a nationwide downturn in the housing market, Manteca real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Manteca appreciation rates continue to be some of the highest in America, at 6.98%, which is higher than appreciation rates in 84.54% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Manteca. Manteca appreciation rates in the latest quarter were at 1.90%, which equates to an annual appreciation rate of 7.83%.

Relative to California, our data show that Manteca's latest annual appreciation rate is higher than 50% 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 Manteca differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Manteca - 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 Manteca real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$327,262

Manteca, CA HOME PRICES

Value Range
> $1,563,000 0.8
$1,172,001 - $1,563,000 0.5
$781,001 - $1,172,000 2.0
$625,001 - $781,000 3.3
$469,001 - $625,000 14.0
$313,001 - $469,000 31.3
$156,001 - $313,000 39.2
$78,001 - $156,000 3.1
$0 - $78,000 5.8

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
14.329214733267 64.2007926023778

Number Of Homes And Apartments:
22,396

Rent & Ownership

 

Average Market Rent:
$1,612 / per month

Homeownership Rate

Homeownership
Owners 59.50
Renters 40.50
Vacant 6.40

Housing Market Details

 

Age of Homes

AGE OF Manteca HOMES
2000 or Newer 29.2
1970 - 1999 50.9
1940 - 1969 18.1
1939 or Older 1.8

Types of Homes

TYPE OF Manteca HOMES
Single-Family 76.3
Townhomes 5.4
Small Apt. Buildings 4.2
Apt. Complexes 10.8
Mobile Homes 3.3
Other 0.1

Home Size

SIZE OF Manteca HOMES
No Bedroom 0.92
1 Bedroom 5.55
2 Bedrooms 22.73
3 Bedrooms 43.90
4 Bedrooms 19.56
5 or more bedrooms 7.35

Manteca 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
42.64% 2.11% 1 5
* 10 is highest