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 a population of 6,951, 2,626 total housing units (homes and apartments), and a median house value of $251,090, Pollock Pines real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Pollock Pines, accounting for 78.20% of the town's housing units. Other types of housing that are prevalent in Pollock Pines include mobile homes or trailers ( 13.76%), duplexes, homes converted to apartments or other small apartment buildings ( 3.78%), and a few large apartment complexes or high rise apartments ( 3.34%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pollock Pines. Owner-occupied housing accounts for 76.99% of Pollock Pines's homes, and 55.32% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Pollock Pines 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 Pollock Pines built between 1940-1969 ( 26.78%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.65%). There's also some housing in Pollock Pines built before 1939 ( 1.38%).
Vacant housing appears to be an issue in Pollock Pines. Fully 22.97% of the housing stock is classified as vacant. Left unchecked, vacant Pollock Pines homes and apartments can be a drag on the real estate market, holding Pollock Pines 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 Pollock Pines over the last then years, as home values have seen a decline of 19.79% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Pollock Pines home appreciation rates at 2.60%, which equates to an annual appreciation rate of 10.82%.
Appreciation rates are so strong in Pollock Pines that despite a nationwide downturn in the housing market, Pollock Pines real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Pollock Pines appreciation rates continue to be some of the highest in America, at 8.94%, which is higher than appreciation rates in 90.55% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Pollock Pines. Pollock Pines appreciation rates in the latest quarter were at 2.60%, which equates to an annual appreciation rate of 10.82%.
Importantly, this makes Pollock Pines 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 Pollock Pines's latest annual appreciation rate is higher than 70% of the other cities and towns in California.
|$1,015,001 - $1,353,000||0.7|
|$677,001 - $1,015,000||4.9|
|$542,001 - $677,000||7.1|
|$406,001 - $542,000||13.3|
|$270,001 - $406,000||28.2|
|$135,001 - $270,000||26.9|
|$68,001 - $135,000||4.5|
|$0 - $68,000||13.9|
|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 Pollock Pines HOMES|
|2000 or Newer||8.7|
|1970 - 1999||63.2|
|1940 - 1969||26.8|
|1939 or Older||1.4|
|TYPE OF Pollock Pines HOMES|
|Small Apt. Buildings||3.8|
|SIZE OF Pollock Pines HOMES|
|5 or more bedrooms||1.14|