Mendota, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Mendota Neighborhoods Since 2000




Mendota, 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

Mendota Housing Market Information

With a population of 11,430, 2,913 total housing units (homes and apartments), and a median house value of $123,618, house prices in Mendota are solidly below the national average.

Single-family detached homes are the single most common housing type in Mendota, accounting for 59.23% of the city's housing units. Other types of housing that are prevalent in Mendota include duplexes, homes converted to apartments or other small apartment buildings ( 20.60%), large apartment complexes or high rise apartments ( 13.32%), and a few row houses and other attached homes ( 6.85%).

The most prevalent building size and type in Mendota are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 37.18% owning and 62.82% renting.

There is a lot of housing in Mendota 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 Mendota built between 2000 and later ( 22.20%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.82%). There's also some housing in Mendota built before 1939 ( 1.76%).

Mendota Home Appreciation Rates

Homes have actually lost value in Mendota over the last then years, as home values have seen a decline of 27.36% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Mendota home appreciation rates at 2.10%, which equates to an annual appreciation rate of 8.66%.

Appreciation rates are so strong in Mendota that despite a nationwide downturn in the housing market, Mendota real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mendota appreciation rates continue to be some of the highest in America, at 6.74%, which is higher than appreciation rates in 79.55% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mendota. Mendota appreciation rates in the latest quarter were at 2.10%, which equates to an annual appreciation rate of 8.66%.

Importantly, this makes Mendota 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 Mendota's latest annual appreciation rate is lower than 60% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$123,618

Mendota, CA HOME PRICES

Value Range
> $1,217,000 0.1
$913,001 - $1,217,000 0.0
$608,001 - $913,000 0.6
$487,001 - $608,000 0.0
$365,001 - $487,000 1.6
$244,001 - $365,000 6.4
$122,001 - $244,000 52.4
$61,001 - $122,000 37.1
$0 - $61,000 1.8

Very Low for CA
Low for Nation

Value Relative to Nation Value Relative to State
63.3891948904254 97.7513227513228

Number Of Homes And Apartments:
2,913

Mendota 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
68.79% 3.08% 3 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$934 / per month

Homeownership Rate

Homeownership
Owners 37.18
Renters 62.82
Vacant 1.29

Housing Market Details

 

Age of Homes

AGE OF Mendota HOMES
2000 or Newer 22.2
1970 - 1999 54.2
1940 - 1969 21.8
1939 or Older 1.8

Types of Homes

TYPE OF Mendota HOMES
Single-Family 59.2
Townhomes 6.8
Small Apt. Buildings 20.6
Apt. Complexes 13.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Mendota HOMES
No Bedroom 4.41
1 Bedroom 11.72
2 Bedrooms 24.64
3 Bedrooms 42.73
4 Bedrooms 14.67
5 or more bedrooms 1.83

Popular Neighborhoods in Mendota

Popular Communities Near Mendota, CA

Zip Codes in Mendota, CA