Olivehurst, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Olivehurst Neighborhoods Since 2000




Olivehurst, 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

Olivehurst Housing Market Information

With a population of 14,052, 4,341 total housing units (homes and apartments), and a median house value of $168,481, Olivehurst real estate values are some of the lowest in California, although compared to real estate around the nation, Olivehurst homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Olivehurst, accounting for 75.34% of the town's housing units. Other types of housing that are prevalent in Olivehurst include mobile homes or trailers ( 8.47%), large apartment complexes or high rise apartments ( 7.81%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.34%).

The most prevalent building size and type in Olivehurst are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.30% owning and 35.70% renting.

There is a lot of housing in Olivehurst 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 Olivehurst built between 1940-1969 ( 30.67%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.82%). There's also some housing in Olivehurst built before 1939 ( 2.35%).

Olivehurst Home Appreciation Rates

Homes have actually lost value in Olivehurst over the last then years, as home values have seen a decline of 24.27% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Olivehurst home appreciation rates at 1.79%, which equates to an annual appreciation rate of 7.37%.

Appreciation rates are so strong in Olivehurst that despite a nationwide downturn in the housing market, Olivehurst real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Olivehurst appreciation rates continue to be some of the highest in America, at 11.55%, which is higher than appreciation rates in 96.82% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Olivehurst. Olivehurst appreciation rates in the latest quarter were at 1.79%, which equates to an annual appreciation rate of 7.37%.

Importantly, this makes Olivehurst 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 Olivehurst's latest annual appreciation rate is higher than 90% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$168,481

Olivehurst, CA HOME PRICES

Value Range
> $1,434,000 0.6
$1,076,001 - $1,434,000 0.8
$717,001 - $1,076,000 1.7
$574,001 - $717,000 0.3
$430,001 - $574,000 4.5
$287,001 - $430,000 10.8
$144,001 - $287,000 40.4
$72,001 - $144,000 30.8
$0 - $72,000 10.2

Very Low for CA
Average for Nation

Value Relative to Nation Value Relative to State
42.2008672213758 92.7248677248677

Number Of Homes And Apartments:
4,341

Olivehurst 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
82.97% 3.56% 5 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,091 / per month

Homeownership Rate

Homeownership
Owners 64.30
Renters 35.70
Vacant 7.40

Housing Market Details

 

Age of Homes

AGE OF Olivehurst HOMES
2000 or Newer 22.8
1970 - 1999 44.2
1940 - 1969 30.7
1939 or Older 2.3

Types of Homes

TYPE OF Olivehurst HOMES
Single-Family 75.3
Townhomes 2.0
Small Apt. Buildings 6.3
Apt. Complexes 7.8
Mobile Homes 8.5
Other 0.0

Home Size

SIZE OF Olivehurst HOMES
No Bedroom 0.00
1 Bedroom 6.06
2 Bedrooms 26.13
3 Bedrooms 51.58
4 Bedrooms 11.65
5 or more bedrooms 4.59