Orosi, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Orosi, CA Real Estate Data


Orosi Housing Market Information

With 8,914 people, 2,031 houses or apartments, and a median cost of homes of $167,766, 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 71.80% of the town's housing units. Other types of housing that are prevalent in Orosi include large apartment complexes or high rise apartments ( 11.75%), mobile homes or trailers ( 6.91%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.08%).

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 55.29% owning and 44.71% 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 ( 27.77%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.60%). There's also some housing in Orosi built before 1939 ( 6.95%).

Orosi Home Appreciation Rates

Homes have actually lost value in Orosi over the last then years, as home values have seen a decline of 21.89% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Orosi home appreciation rates at 0.57%, which equates to an annual appreciation rate of 2.29%.

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 7.66%, which is higher than appreciation rates in 89.55% 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 0.57%, which equates to an annual appreciation rate of 2.29%.

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

Relative to California, our data show that Orosi's latest annual appreciation rate is higher than 70% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$167,766

Orosi, CA HOME PRICES

Value Range
> $1,341,000 0.0
$1,006,001 - $1,341,000 0.0
$671,001 - $1,006,000 0.0
$536,001 - $671,000 0.1
$402,001 - $536,000 5.2
$268,001 - $402,000 6.4
$134,001 - $268,000 60.2
$67,001 - $134,000 15.7
$0 - $67,000 12.3

Very Low for CA
Average for Nation

Value Relative to Nation Value Relative to State
43.5673713181472 94.0554821664465

Number Of Homes And Apartments:
2,031

Rent & Ownership

 

Average Market Rent:
$793 / per month

Homeownership Rate

Homeownership
Owners 55.29
Renters 44.71
Vacant 2.59

Housing Market Details

 

Age of Homes

AGE OF Orosi HOMES
2000 or Newer 10.6
1970 - 1999 54.7
1940 - 1969 27.8
1939 or Older 7.0

Types of Homes

TYPE OF Orosi HOMES
Single-Family 71.8
Townhomes 4.5
Small Apt. Buildings 5.1
Apt. Complexes 11.8
Mobile Homes 6.9
Other 0.0

Home Size

SIZE OF Orosi HOMES
No Bedroom 4.03
1 Bedroom 9.06
2 Bedrooms 21.39
3 Bedrooms 44.94
4 Bedrooms 19.38
5 or more bedrooms 1.20

Orosi Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
81.79% 3.58% 6 9
* 10 is highest

Popular Neighborhoods in Orosi

Zip Codes in Orosi, CA