Oakhurst, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Oakhurst Neighborhoods Since 2000




Oakhurst, 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

Oakhurst Housing Market Information

With a population of 2,887, 1,028 total housing units (homes and apartments), and a median house value of $274,920, Oakhurst real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Oakhurst, accounting for 68.51% of the town's housing units. Other types of housing that are prevalent in Oakhurst include mobile homes or trailers ( 20.51%), large apartment complexes or high rise apartments ( 5.93%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.05%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oakhurst. Owner-occupied housing accounts for 66.43% of Oakhurst's homes, and 57.93% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Oakhurst 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 Oakhurst built between 1940-1969 ( 20.19%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.33%).

Vacant housing appears to be an issue in Oakhurst. Fully 17.63% of the housing stock is classified as vacant. Left unchecked, vacant Oakhurst homes and apartments can be a drag on the real estate market, holding Oakhurst real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Oakhurst Home Appreciation Rates

Homes have actually lost value in Oakhurst over the last then years, as home values have seen a decline of 28.22% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Oakhurst home appreciation rates at 0.67%, which equates to an annual appreciation rate of 2.69%.

Appreciation rates are so strong in Oakhurst that despite a nationwide downturn in the housing market, Oakhurst real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Oakhurst appreciation rates continue to be some of the highest in America, at 7.65%, which is higher than appreciation rates in 85.06% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Oakhurst. Oakhurst appreciation rates in the latest quarter were at 0.67%, which equates to an annual appreciation rate of 2.69%.

Relative to California, our data show that Oakhurst's latest annual appreciation rate is lower than 50% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$274,920

Oakhurst, CA HOME PRICES

Value Range
> $1,222,000 0.8
$917,001 - $1,222,000 2.0
$611,001 - $917,000 5.9
$489,001 - $611,000 13.3
$367,001 - $489,000 14.1
$245,001 - $367,000 25.6
$122,001 - $245,000 25.5
$61,001 - $122,000 3.5
$0 - $61,000 9.4

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
19.0261338333529 72.0899470899471

Number Of Homes And Apartments:
1,028

Oakhurst 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
50.22% 2.39% 1 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,483 / per month

Homeownership Rate

Homeownership
Owners 66.43
Renters 33.57
Vacant 17.63

Housing Market Details

 

Age of Homes

AGE OF Oakhurst HOMES
2000 or Newer 8.3
1970 - 1999 71.5
1940 - 1969 20.2
1939 or Older 0.0

Types of Homes

TYPE OF Oakhurst HOMES
Single-Family 68.5
Townhomes 0.0
Small Apt. Buildings 5.0
Apt. Complexes 5.9
Mobile Homes 20.5
Other 0.0

Home Size

SIZE OF Oakhurst HOMES
No Bedroom 0.00
1 Bedroom 5.21
2 Bedrooms 35.10
3 Bedrooms 51.12
4 Bedrooms 6.81
5 or more bedrooms 1.76

Popular Neighborhoods in Oakhurst

Popular Communities Near Oakhurst, CA

Zip Codes in Oakhurst, CA