Orinda CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



Map Loading GIF Please wait, loading your map...

Highest
Lowest




Orinda, 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 Q3 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

Orinda Housing Market Information

With 19,806 people, 6,943 houses or apartments, and a median cost of homes of $1,521,709, Orinda house prices are not only among the most expensive in California, Orinda real estate also is some of the most expensive in all of America.

Orinda is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Orinda than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Orinda. Owner-occupied housing accounts for 88.15% of Orinda's homes, and 73.07% have either three or four bedrooms, which is average sized relative to America.

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. Orinda's housing was primarily built during this period, from the '40s through the '60s. A full 65.14% of the city's housing hails from this era. Other housing ages represented in Orinda include homes built between 1970-1999 ( 24.81%) and housing constructed before 1939 ( 5.38%). There's also some housing in Orinda built between 2000 and later ( 4.67%).

Orinda Home Appreciation Rates

In the last 10 years, Orinda has experienced some of the highest home appreciation rates of any community in the nation. Orinda real estate appreciated 49.62% over the last ten years, which is an average annual home appreciation rate of 4.11%, putting Orinda in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Orinda definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Orinda appreciation rates have trailed the rest of the nation. In the last twelve months, Orinda's appreciation rate has been -2.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Orinda were at 0.31%, which equates to an annual appreciation rate of 1.24%.

Notably, Orinda's appreciation rate in the latest quarter is one of the lowest in America.

Relative to California, our data show that Orinda's latest annual appreciation rate is lower than 80% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$1,521,709

Orinda, CA HOME PRICES

Value Range
> $1,199,000 70.5
$899,001 - $1,199,000 17.5
$599,001 - $899,000 6.1
$479,001 - $599,000 2.3
$359,001 - $479,000 0.7
$240,001 - $359,000 0.8
$120,001 - $240,000 0.6
$60,001 - $120,000 0.5
$0 - $60,000 0.9

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.478832116788321 5.24246395806029

Number Of Homes And Apartments:
6,943

Orinda Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
Since 2000:
2000 Q1 - 2019 Q3
112.96% 3.90%
5
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$4,055 / per month

Homeownership Rate

Homeownership
Owners 88.15
Renters 11.85
Vacant 2.72

Housing Market Details

 

Age of Homes

AGE OF Orinda HOMES
2000 or Newer 4.7
1970 - 1999 24.8
1940 - 1969 65.1
1939 or Older 5.4

Types of Homes

TYPE OF Orinda HOMES
Single-Family 94.2
Townhomes 1.1
Small Apt. Buildings 0.4
Apt. Complexes 3.7
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Orinda HOMES
No Bedroom 1.02
1 Bedroom 3.64
2 Bedrooms 6.57
3 Bedrooms 35.41
4 Bedrooms 37.66
5 or more bedrooms 15.69