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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 21,930 people, 1,688 houses or apartments, and a median cost of homes of $494,850, real estate costs in Mira Loma 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 Mira Loma, accounting for 77.32% of the town's housing units. Other types of housing that are prevalent in Mira Loma include large apartment complexes or high rise apartments ( 9.21%), mobile homes or trailers ( 5.53%), and a few row houses and other attached homes ( 4.35%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mira Loma. Owner-occupied housing accounts for 68.60% of Mira Loma's homes, and 58.31% have either three or four bedrooms, which is average sized relative to America.
Mira Loma homes and real estate are some of the newest in America. 40.44% of Mira Loma's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Mira Loma real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.46%), and between 1940-1969 ( 20.66%). There's also some housing in Mira Loma built before 1939 ( 3.44%).
Mira Loma's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Mira Loma during the period has been just -1.87%, which is lower than 80% of US communities.
Appreciation rates are so strong in Mira Loma that despite a nationwide downturn in the housing market, Mira Loma real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mira Loma appreciation rates continue to be some of the highest in America, at 5.73%, which is higher than appreciation rates in 71.71% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mira Loma. Mira Loma appreciation rates in the latest quarter were at 2.02%, which equates to an annual appreciation rate of 8.32%.
Importantly, this makes Mira Loma 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 Mira Loma's latest annual appreciation rate is lower 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 town. Individual neighborhoods within Mira Loma differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Mira Loma - 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 Mira Loma real estate investment or home purchase decisions.
|$974,001 - $1,299,000||0.5|
|$650,001 - $974,000||10.2|
|$520,001 - $650,000||23.1|
|$390,001 - $520,000||27.8|
|$260,001 - $390,000||18.6|
|$130,001 - $260,000||13.4|
|$65,001 - $130,000||0.4|
|$0 - $65,000||5.3|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Mira Loma HOMES|
|2000 or Newer||40.4|
|1970 - 1999||35.5|
|1940 - 1969||20.7|
|1939 or Older||3.4|
|TYPE OF Mira Loma HOMES|
|Small Apt. Buildings||3.5|
|SIZE OF Mira Loma HOMES|
|5 or more bedrooms||13.91|