Orange Cove, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Orange Cove Neighborhoods Since 2000




Orange Cove, 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

Orange Cove Housing Market Information

With a population of 9,598, 2,292 total housing units (homes and apartments), and a median house value of $154,776, Orange Cove real estate values are some of the lowest in California, although compared to real estate around the nation, Orange Cove homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Orange Cove, accounting for 63.82% of the city's housing units. Other types of housing that are prevalent in Orange Cove include large apartment complexes or high rise apartments ( 16.18%), duplexes, homes converted to apartments or other small apartment buildings ( 15.89%), and a few row houses and other attached homes ( 3.41%).

The most prevalent building size and type in Orange Cove are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 43.15% owning and 56.85% renting.

Orange Cove homes and real estate are some of the newest in America. 39.55% of Orange Cove's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Orange Cove real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 32.07%), and between 1940-1969 ( 24.72%). There's also some housing in Orange Cove built before 1939 ( 3.66%).

Orange Cove Home Appreciation Rates

Homes have actually lost value in Orange Cove over the last then years, as home values have seen a decline of 26.82% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Orange Cove home appreciation rates at 2.10%, which equates to an annual appreciation rate of 8.66%.

Over the last year, Orange Cove appreciation rates have trailed the rest of the nation. In the last twelve months, Orange Cove's appreciation rate has been 2.21%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Orange Cove were at 2.10%, which equates to an annual appreciation rate of 8.66%.

Importantly, this makes Orange Cove one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to California, our data show that Orange Cove's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$154,776

Orange Cove, CA HOME PRICES

Value Range
> $1,311,000 0.0
$983,001 - $1,311,000 0.0
$656,001 - $983,000 1.8
$524,001 - $656,000 0.9
$394,001 - $524,000 3.2
$262,001 - $394,000 9.4
$131,001 - $262,000 56.3
$65,001 - $131,000 26.2
$0 - $65,000 2.3

Very Low for CA
Average for Nation

Value Relative to Nation Value Relative to State
48.0135942810266 94.5767195767196

Number Of Homes And Apartments:
2,292

Orange Cove 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
60.56% 2.78% 2 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$931 / per month

Homeownership Rate

Homeownership
Owners 43.15
Renters 56.85
Vacant 6.83

Housing Market Details

 

Age of Homes

AGE OF Orange Cove HOMES
2000 or Newer 39.6
1970 - 1999 32.1
1940 - 1969 24.7
1939 or Older 3.7

Types of Homes

TYPE OF Orange Cove HOMES
Single-Family 63.8
Townhomes 3.4
Small Apt. Buildings 15.9
Apt. Complexes 16.2
Mobile Homes 0.3
Other 0.4

Home Size

SIZE OF Orange Cove HOMES
No Bedroom 2.07
1 Bedroom 3.41
2 Bedrooms 31.46
3 Bedrooms 37.93
4 Bedrooms 24.27
5 or more bedrooms 0.85

Popular Neighborhoods in Orange Cove

Zip Codes in Orange Cove, CA