Parlier, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Parlier Neighborhoods Since 2000




Parlier, 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

Parlier Housing Market Information

With 15,138 people, 3,609 houses or apartments, and a median cost of homes of $139,150, house prices in Parlier are solidly below the national average.

Single-family detached homes are the single most common housing type in Parlier, accounting for 66.60% of the city's housing units. Other types of housing that are prevalent in Parlier include large apartment complexes or high rise apartments ( 21.70%), duplexes, homes converted to apartments or other small apartment buildings ( 8.84%), and a few row houses and other attached homes ( 2.24%).

The most prevalent building size and type in Parlier are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 45.64% owning and 54.36% renting.

There is a lot of housing in Parlier 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 Parlier built between 2000 and later ( 36.34%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.83%). There's also some housing in Parlier built before 1939 ( 7.08%).

Parlier Home Appreciation Rates

Homes have actually lost value in Parlier over the last then years, as home values have seen a decline of 29.75% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Parlier home appreciation rates at 2.10%, which equates to an annual appreciation rate of 8.66%.

Appreciation rates are so strong in Parlier that despite a nationwide downturn in the housing market, Parlier real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Parlier appreciation rates continue to be some of the highest in America, at 5.90%, which is higher than appreciation rates in 73.14% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Parlier. Parlier appreciation rates in the latest quarter were at 2.10%, which equates to an annual appreciation rate of 8.66%.

Importantly, this makes Parlier 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 Parlier's latest annual appreciation rate is lower than 80% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$139,150

Parlier, CA HOME PRICES

Value Range
> $1,202,000 1.7
$901,001 - $1,202,000 0.0
$601,001 - $901,000 3.1
$481,001 - $601,000 0.4
$361,001 - $481,000 6.4
$240,001 - $361,000 6.1
$120,001 - $240,000 45.9
$60,001 - $120,000 33.2
$0 - $60,000 3.2

Very Low for CA
Average for Nation

Value Relative to Nation Value Relative to State
55.1798898394469 96.031746031746

Number Of Homes And Apartments:
3,609

Parlier 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
74.26% 3.27% 4 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,080 / per month

Homeownership Rate

Homeownership
Owners 45.64
Renters 54.36
Vacant 6.11

Housing Market Details

 

Age of Homes

AGE OF Parlier HOMES
2000 or Newer 36.3
1970 - 1999 39.8
1940 - 1969 16.8
1939 or Older 7.1

Types of Homes

TYPE OF Parlier HOMES
Single-Family 66.6
Townhomes 2.2
Small Apt. Buildings 8.8
Apt. Complexes 21.7
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Parlier HOMES
No Bedroom 1.20
1 Bedroom 5.18
2 Bedrooms 24.22
3 Bedrooms 50.94
4 Bedrooms 17.09
5 or more bedrooms 1.38