National City, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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National City, 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 Q2 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

National City Housing Market Information

With 61,363 people, 16,193 houses or apartments, and a median cost of homes of $470,130, real estate costs in National City 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 National City, accounting for 40.86% of the city's housing units. Other types of housing that are prevalent in National City include large apartment complexes or high rise apartments ( 34.52%), duplexes, homes converted to apartments or other small apartment buildings ( 11.31%), and a few row houses and other attached homes ( 10.25%).

National City is dominated by renter-occupied one, two, or no bedrooms apartments. 70.24% of National City's dwellings are rentals.

There is a lot of housing in National City 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 National City built between 1940-1969 ( 41.21%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.18%). There's also some housing in National City built before 1939 ( 8.03%).

National City Home Appreciation Rates

In the last 10 years, National City has experienced some of the highest home appreciation rates of any community in the nation. National City real estate appreciated 84.86% over the last ten years, which is an average annual home appreciation rate of 6.34%, putting National City in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, National City definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, National City's appreciation rate, at 2.68%, has been at or slightly above the national average. In the latest quarter, National City's appreciation rate has been 0.00%, which annualizes to a rate of -0.01%.

Relative to California, our data show that National City's latest annual appreciation rate is higher than 60% 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 National City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in National City - 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 National City real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$470,130

National City, CA HOME PRICES

Value Range
> $1,361,000 1.7
$1,021,001 - $1,361,000 1.4
$681,001 - $1,021,000 9.4
$544,001 - $681,000 18.1
$408,001 - $544,000 31.2
$272,001 - $408,000 23.5
$136,001 - $272,000 8.7
$68,001 - $136,000 1.5
$0 - $68,000 4.6

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
8.08759124087591 49.4102228047182

Number Of Homes And Apartments:
16,193

National City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2019 Q1 - 2019 Q2
Last 12 Months:
2018 Q2 - 2019 Q2
Last 2 Years:
2017 Q2 - 2019 Q2
Last 5 Years:
2014 Q2 - 2019 Q2
Last 10 Years:
2009 Q2 - 2019 Q2
Since 2000:
2000 Q1 - 2019 Q2
146.34% 4.73%
8
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,575 / per month

Homeownership Rate

Homeownership
Owners 29.76
Renters 70.24
Vacant 6.66

Housing Market Details

 

Age of Homes

AGE OF National City HOMES
2000 or Newer 8.2
1970 - 1999 42.6
1940 - 1969 41.2
1939 or Older 8.0

Types of Homes

TYPE OF National City HOMES
Single-Family 40.9
Townhomes 10.2
Small Apt. Buildings 11.3
Apt. Complexes 34.5
Mobile Homes 2.6
Other 0.5

Home Size

SIZE OF National City HOMES
No Bedroom 3.41
1 Bedroom 25.77
2 Bedrooms 35.32
3 Bedrooms 23.38
4 Bedrooms 8.76
5 or more bedrooms 3.36