Orosi, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Orosi Neighborhoods Since 2000




Orosi, 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

Orosi Housing Market Information

With a population of 8,914, 2,047 total housing units (homes and apartments), and a median house value of $185,576, Orosi real estate values are some of the lowest in California, although compared to real estate around the nation, Orosi homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Orosi, accounting for 74.59% of the town's housing units. Other types of housing that are prevalent in Orosi include large apartment complexes or high rise apartments ( 12.54%), duplexes, homes converted to apartments or other small apartment buildings ( 6.03%), and a few mobile homes or trailers ( 4.08%).

The most prevalent building size and type in Orosi are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 54.08% owning and 45.92% renting.

There is a lot of housing in Orosi 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 Orosi built between 1940-1969 ( 30.27%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.94%). There's also some housing in Orosi built before 1939 ( 4.28%).

Orosi Home Appreciation Rates

Orosi's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Orosi during the period has been just -1.85%, which is lower than 80% of US communities.

Appreciation rates are so strong in Orosi that despite a nationwide downturn in the housing market, Orosi real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Orosi appreciation rates continue to be some of the highest in America, at 12.69%, which is higher than appreciation rates in 98.18% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Orosi. Orosi appreciation rates in the latest quarter were at 2.63%, which equates to an annual appreciation rate of 10.94%.

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

Average Home Values

 

Median Home Value:
$185,576

Orosi, CA HOME PRICES

Value Range
> $1,433,000 0.0
$1,075,001 - $1,433,000 0.0
$717,001 - $1,075,000 0.0
$573,001 - $717,000 0.1
$430,001 - $573,000 2.3
$287,001 - $430,000 5.4
$143,001 - $287,000 66.5
$72,001 - $143,000 12.0
$0 - $72,000 13.7

Very Low for CA
High for Nation

Value Relative to Nation Value Relative to State
36.1947732333294 89.2857142857143

Number Of Homes And Apartments:
2,047

Orosi 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
103.78% 4.21% 7 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$985 / per month

Homeownership Rate

Homeownership
Owners 54.08
Renters 45.92
Vacant 0.53

Housing Market Details

 

Age of Homes

AGE OF Orosi HOMES
2000 or Newer 8.9
1970 - 1999 56.5
1940 - 1969 30.3
1939 or Older 4.3

Types of Homes

TYPE OF Orosi HOMES
Single-Family 74.6
Townhomes 2.8
Small Apt. Buildings 6.0
Apt. Complexes 12.5
Mobile Homes 4.1
Other 0.0

Home Size

SIZE OF Orosi HOMES
No Bedroom 3.89
1 Bedroom 6.51
2 Bedrooms 23.28
3 Bedrooms 46.65
4 Bedrooms 18.61
5 or more bedrooms 1.07

Popular Neighborhoods in Orosi

Zip Codes in Orosi, CA