Mountain View, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Mountain View Neighborhoods Since 2000




Mountain View, 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

Mountain View Housing Market Information

With a population of 80,435, 32,714 total housing units (homes and apartments), and a median house value of $1,157,397, Mountain View house prices are not only among the most expensive in California, Mountain View real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Mountain View, accounting for 47.22% of the city's housing units. Other types of housing that are prevalent in Mountain View include single-family detached homes ( 29.48%), row houses and other attached homes ( 12.31%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.95%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.

People in Mountain View primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Mountain View has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Mountain View 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 Mountain View built between 1940-1969 ( 43.95%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.63%). There's also some housing in Mountain View built before 1939 ( 4.14%).

Mountain View Home Appreciation Rates

In the last 10 years, Mountain View has experienced some of the highest home appreciation rates of any community in the nation. Mountain View real estate appreciated 67.78% over the last ten years, which is an average annual home appreciation rate of 5.31%, putting Mountain View in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Mountain View definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Mountain View that despite a nationwide downturn in the housing market, Mountain View real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mountain View appreciation rates continue to be some of the highest in America, at 5.71%, which is higher than appreciation rates in 71.46% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mountain View. Mountain View appreciation rates in the latest quarter were at 0.59%, which equates to an annual appreciation rate of 2.39%.

Relative to California, our data show that Mountain View'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 city. Individual neighborhoods within Mountain View differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Mountain View - 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 Mountain View real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$1,157,397

Mountain View, CA HOME PRICES

Value Range
> $1,385,000 33.3
$1,039,001 - $1,385,000 21.7
$693,001 - $1,039,000 22.9
$554,001 - $693,000 4.8
$416,001 - $554,000 5.7
$277,001 - $416,000 3.8
$139,001 - $277,000 3.0
$69,001 - $139,000 2.6
$0 - $69,000 2.2

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.755888901910231 7.93650793650794

Number Of Homes And Apartments:
32,714

Mountain View 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
128.85% 4.92% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,760 / per month

Homeownership Rate

Homeownership
Owners 41.14
Renters 58.86
Vacant 4.38

Housing Market Details

 

Age of Homes

AGE OF Mountain View HOMES
2000 or Newer 7.6
1970 - 1999 44.3
1940 - 1969 44.0
1939 or Older 4.1

Types of Homes

TYPE OF Mountain View HOMES
Single-Family 29.5
Townhomes 12.3
Small Apt. Buildings 7.9
Apt. Complexes 47.2
Mobile Homes 3.0
Other 0.0

Home Size

SIZE OF Mountain View HOMES
No Bedroom 4.96
1 Bedroom 25.53
2 Bedrooms 33.89
3 Bedrooms 24.22
4 Bedrooms 9.05
5 or more bedrooms 2.36