Napa, CA Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Napa, CA Housing Market Trends

With a population of 78,130, 28,189 total housing units (homes and apartments), and a median house value of $697,545, real estate costs in Napa 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 Napa, accounting for 62.09% of the city's housing units. Other types of housing that are prevalent in Napa include large apartment complexes or high rise apartments ( 17.73%), duplexes, homes converted to apartments or other small apartment buildings ( 7.86%), and a few row houses and other attached homes ( 7.48%).

The most prevalent building size and type in Napa are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.59% owning and 42.41% renting.

There is a lot of housing in Napa 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 Napa built between 1940-1969 ( 34.39%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.69%). There's also some housing in Napa built before 1939 ( 7.39%).

Napa Home Appreciation Rates

In the last 10 years, Napa has experienced some of the highest home appreciation rates of any community in the nation. Napa real estate appreciated 85.97% over the last ten years, which is an average annual home appreciation rate of 6.40%, putting Napa in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Napa definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Napa appreciation rates have trailed the rest of the nation. In the last twelve months, Napa's appreciation rate has been 3.73%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Napa were at 1.35%, which equates to an annual appreciation rate of 5.53%.

Notably, Napa's appreciation rate in the latest quarter is one of the lowest in America.

Relative to California, our data show that Napa's latest annual appreciation rate is lower than 70% 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 Napa differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Napa - 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 Napa real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$697,545

Napa, CA HOME PRICES

> $1,161,000
8.8%
8.8%
$870,001 - $1,161,000
16.0%
16.0%
$580,001 - $870,000
43.8%
43.8%
$465,001 - $580,000
14.4%
14.4%
$348,001 - $465,000
8.5%
8.5%
$232,001 - $348,000
2.3%
2.3%
$116,001 - $232,000
2.0%
2.0%
$58,001 - $116,000
2.2%
2.2%
$0 - $58,000
2.2%
2.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for CA

Value Relative To Nation

Number Of Homes And Apartments:
28,189

Napa Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
131.59% 4.08%
6
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,466 / per month

Homeownership Rate

Owners
57.6%
57.6%
Renters
42.4%
42.4%
Vacant
7.3%
7.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
11.7%
11.7%
1970 - 1999
46.5%
46.5%
1940 - 1969
34.4%
34.4%
1939 or Older
7.4%
7.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
62.1%
62.1%
Townhomes
7.5%
7.5%
Small Apt. Buildings
7.9%
7.9%
Apt. Complexes
17.7%
17.7%
Mobile Homes
4.8%
4.8%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.9%
2.9%
1 Bedroom
11.4%
11.4%
2 Bedrooms
29.6%
29.6%
3 Bedrooms
36.1%
36.1%
4 Bedrooms
17.5%
17.5%
5 or more bedrooms
2.6%
2.6%
0.0% 100.0%
% OF HOMES