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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 1,080 people, 478 houses or apartments, and a median cost of homes of $346,030, real estate costs in Pioneer are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.
Single-family detached homes are the single most common housing type in Pioneer, accounting for 86.38% of the town's housing units. Other types of housing that are prevalent in Pioneer include mobile homes or trailers ( 11.08%), row houses and other attached homes ( 1.50%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.05%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pioneer. Owner-occupied housing accounts for 89.75% of Pioneer's homes, and 64.52% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Pioneer 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 Pioneer built between 1940-1969 ( 21.41%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.22%). There's also some housing in Pioneer built before 1939 ( 5.39%).
Vacant housing appears to be an issue in Pioneer. Fully 28.44% of the housing stock is classified as vacant. Left unchecked, vacant Pioneer homes and apartments can be a drag on the real estate market, holding Pioneer real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Homes have actually lost value in Pioneer over the last then years, as home values have seen a decline of 29.95% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Pioneer home appreciation rates at 1.82%, which equates to an annual appreciation rate of 7.47%.
Appreciation rates are so strong in Pioneer that despite a nationwide downturn in the housing market, Pioneer real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Pioneer appreciation rates continue to be some of the highest in America, at 9.15%, which is higher than appreciation rates in 91.21% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Pioneer. Pioneer appreciation rates in the latest quarter were at 1.82%, which equates to an annual appreciation rate of 7.47%.
Importantly, this makes Pioneer 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 Pioneer's latest annual appreciation rate is higher than 70% of the other cities and towns in California.
|$1,025,001 - $1,366,000||2.1|
|$683,001 - $1,025,000||5.2|
|$547,001 - $683,000||6.7|
|$410,001 - $547,000||19.7|
|$273,001 - $410,000||26.1|
|$137,001 - $273,000||32.3|
|$68,001 - $137,000||4.8|
|$0 - $68,000||2.7|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Pioneer HOMES|
|2000 or Newer||14.2|
|1970 - 1999||59.0|
|1940 - 1969||21.4|
|1939 or Older||5.4|
|TYPE OF Pioneer HOMES|
|Small Apt. Buildings||1.0|
|SIZE OF Pioneer HOMES|
|5 or more bedrooms||4.49|