Napa, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Napa, 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 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Napa Housing Market Information

With a population of 80,416, 28,448 total housing units (homes and apartments), and a median house value of $623,626, 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 62.24% of the city's housing units. Other types of housing that are prevalent in Napa include large apartment complexes or high rise apartments ( 16.95%), duplexes, homes converted to apartments or other small apartment buildings ( 8.15%), and a few row houses and other attached homes ( 7.55%).

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 54.44% owning and 45.56% 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 ( 34.74%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.82%). There's also some housing in Napa built before 1939 ( 6.91%).

Napa Home Appreciation Rates

Appreciation rates for homes in Napa have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 16.30%, which ranks in the top 30% nationwide. This equates to an annual average Napa house appreciation rate of 1.52%.

NeighborhoodScout's data show that during the latest twelve months, Napa's appreciation rate, at 4.92%, has been at or slightly above the national average. In the latest quarter, Napa's appreciation rate has been 1.02%, which annualizes to a rate of 4.13%.

Relative to California, our data show that Napa'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 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:
$623,626

Napa, CA HOME PRICES

Value Range
> $1,335,500 3.8
$1,001,251 - $1,335,500 7.9
$667,751 - $1,001,250 30.9
$534,001 - $667,750 19.8
$400,700 - $534,000 18.8
$267,001 - $400,699 10.4
$133,751 - $267,000 3.4
$66,580 - $133,750 2.3
$0 - $66,579 2.7

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
4.05839416058394 30.7994757536042

Number Of Homes And Apartments:
28,448

Napa Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2017 Q4 - 2018 Q1
Last 12 Months:
2017 Q1 - 2018 Q1
Last 2 Years:
2016 Q1 - 2018 Q1
Last 5 Years:
2013 Q1 - 2018 Q1
Last 10 Years:
2008 Q1 - 2018 Q1
Since 2000:
2000 Q1 - 2018 Q1
107.00% 4.07%
6
10
* 10 is highest


Rent & Ownership

 

Average Market Rent:
$2,035 / per month

Homeownership Rate

Homeownership
Owners 54.44
Renters 45.56
Vacant 5.85

Housing Market Details

 

Age of Homes

AGE OF Napa HOMES
2000 or Newer 11.8
1970 - 1999 46.5
1940 - 1969 34.7
1939 or Older 6.9

Types of Homes

TYPE OF Napa HOMES
Single-Family 62.2
Townhomes 7.6
Small Apt. Buildings 8.1
Apt. Complexes 16.9
Mobile Homes 5.1
Other 0.0

Home Size

SIZE OF Napa HOMES
No Bedroom 2.77
1 Bedroom 11.33
2 Bedrooms 29.95
3 Bedrooms 36.41
4 Bedrooms 17.77
5 or more bedrooms 1.79