Manteca, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Manteca Neighborhoods Since 2000




Manteca, 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

Manteca Housing Market Information

With 75,448 people, 22,639 houses or apartments, and a median cost of homes of $301,077, Manteca real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Manteca, accounting for 76.42% of the city's housing units. Other types of housing that are prevalent in Manteca include large apartment complexes or high rise apartments ( 11.87%), duplexes, homes converted to apartments or other small apartment buildings ( 4.50%), and a few row houses and other attached homes ( 4.23%).

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 59.00% owning and 41.00% 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 ( 30.65%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.56%). There's also some housing in Manteca built before 1939 ( 1.63%).

Manteca Home Appreciation Rates

Homes have actually lost value in Manteca over the last then years, as home values have seen a decline of 22.57% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Manteca home appreciation rates at 2.24%, which equates to an annual appreciation rate of 9.28%.

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 9.63%, which is higher than appreciation rates in 92.74% 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 2.24%, which equates to an annual appreciation rate of 9.28%.

Importantly, this makes Manteca 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 Manteca's latest annual appreciation rate is higher than 80% 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:
$301,077

Manteca, CA HOME PRICES

Value Range
> $1,476,000 0.6
$1,107,001 - $1,476,000 0.4
$738,001 - $1,107,000 2.8
$590,001 - $738,000 5.5
$443,001 - $590,000 16.7
$296,001 - $443,000 32.0
$148,001 - $296,000 34.0
$74,001 - $148,000 2.8
$0 - $74,000 5.1

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
16.2135239657799 66.005291005291

Number Of Homes And Apartments:
22,639

Manteca 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
50.00% 2.38% 1 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,505 / per month

Homeownership Rate

Homeownership
Owners 59.00
Renters 41.00
Vacant 6.07

Housing Market Details

 

Age of Homes

AGE OF Manteca HOMES
2000 or Newer 30.7
1970 - 1999 50.2
1940 - 1969 17.6
1939 or Older 1.6

Types of Homes

TYPE OF Manteca HOMES
Single-Family 76.4
Townhomes 4.2
Small Apt. Buildings 4.5
Apt. Complexes 11.9
Mobile Homes 2.9
Other 0.1

Home Size

SIZE OF Manteca HOMES
No Bedroom 0.98
1 Bedroom 5.99
2 Bedrooms 22.23
3 Bedrooms 44.02
4 Bedrooms 19.58
5 or more bedrooms 7.20