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 a population of 44,377, 15,073 total housing units (homes and apartments), and a median house value of $241,735, North Highlands real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in North Highlands, accounting for 57.33% of the town's housing units. Other types of housing that are prevalent in North Highlands include large apartment complexes or high rise apartments ( 16.86%), duplexes, homes converted to apartments or other small apartment buildings ( 11.02%), and a few row houses and other attached homes ( 10.33%).
The most prevalent building size and type in North Highlands are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 46.47% owning and 53.53% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. North Highlands's housing was primarily built during this period, from the '40s through the '60s. A full 52.36% of the town's housing hails from this era. Other housing ages represented in North Highlands include homes built between 1970-1999 ( 40.61%) and housing constructed between 2000 and later ( 6.20%).
North Highlands's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in North Highlands during the period has been just -2.00%, which is lower than 80% of US communities.
Appreciation rates are so strong in North Highlands that despite a nationwide downturn in the housing market, North Highlands real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, North Highlands appreciation rates continue to be some of the highest in America, at 15.58%, which is higher than appreciation rates in 99.47% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in North Highlands. North Highlands appreciation rates in the latest quarter were at 2.60%, which equates to an annual appreciation rate of 10.82%.
Importantly, this makes North Highlands 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 North Highlands's latest annual appreciation rate is higher than 90% 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 North Highlands differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in North Highlands - 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 North Highlands real estate investment or home purchase decisions.
|$1,195,001 - $1,593,000||0.5|
|$796,001 - $1,195,000||2.0|
|$637,001 - $796,000||1.2|
|$478,001 - $637,000||2.2|
|$319,001 - $478,000||16.3|
|$159,001 - $319,000||58.9|
|$79,001 - $159,000||10.3|
|$0 - $79,000||7.9|
|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 North Highlands HOMES|
|2000 or Newer||6.2|
|1970 - 1999||40.6|
|1940 - 1969||52.4|
|1939 or Older||0.8|
|TYPE OF North Highlands HOMES|
|Small Apt. Buildings||11.0|
|SIZE OF North Highlands HOMES|
|5 or more bedrooms||1.65|