McKinleyville, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating McKinleyville Neighborhoods Since 2000




McKinleyville, 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

McKinleyville Housing Market Information

With a population of 15,179, 6,246 total housing units (homes and apartments), and a median house value of $381,269, real estate costs in McKinleyville 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 McKinleyville, accounting for 71.20% of the town's housing units. Other types of housing that are prevalent in McKinleyville include duplexes, homes converted to apartments or other small apartment buildings ( 10.35%), mobile homes or trailers ( 9.93%), and a few large apartment complexes or high rise apartments ( 4.31%).

The most prevalent building size and type in McKinleyville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 58.69% owning and 41.31% renting.

There is a lot of housing in McKinleyville 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 McKinleyville built between 1940-1969 ( 24.58%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.67%). There's also some housing in McKinleyville built before 1939 ( 4.52%).

McKinleyville Home Appreciation Rates

McKinleyville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in McKinleyville during the period has been just -0.96%, which is lower than 70% of US communities.

Appreciation rates are so strong in McKinleyville that despite a nationwide downturn in the housing market, McKinleyville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, McKinleyville appreciation rates continue to be some of the highest in America, at 6.51%, which is higher than appreciation rates in 77.96% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in McKinleyville. McKinleyville appreciation rates in the latest quarter were at 1.82%, which equates to an annual appreciation rate of 7.47%.

Importantly, this makes McKinleyville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to California, our data show that McKinleyville's latest annual appreciation rate is lower than 70% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$381,269

McKinleyville, CA HOME PRICES

Value Range
> $1,163,000 0.9
$872,001 - $1,163,000 1.3
$581,001 - $872,000 8.7
$465,001 - $581,000 10.9
$349,001 - $465,000 21.4
$232,001 - $349,000 43.8
$116,001 - $232,000 3.5
$58,001 - $116,000 5.5
$0 - $58,000 4.1

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
10.324622055549 55.8201058201058

Number Of Homes And Apartments:
6,246

McKinleyville 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
92.35% 3.87% 6 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,267 / per month

Homeownership Rate

Homeownership
Owners 58.69
Renters 41.31
Vacant 7.81

Housing Market Details

 

Age of Homes

AGE OF McKinleyville HOMES
2000 or Newer 14.7
1970 - 1999 56.2
1940 - 1969 24.6
1939 or Older 4.5

Types of Homes

TYPE OF McKinleyville HOMES
Single-Family 71.2
Townhomes 4.2
Small Apt. Buildings 10.3
Apt. Complexes 4.3
Mobile Homes 9.9
Other 0.0

Home Size

SIZE OF McKinleyville HOMES
No Bedroom 0.53
1 Bedroom 11.45
2 Bedrooms 21.25
3 Bedrooms 52.59
4 Bedrooms 12.34
5 or more bedrooms 1.83

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Zip Codes in McKinleyville, CA