California
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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California Real Estate Values & Housing Market 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 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$514,685

Number Of Homes And Apartments:
12,807,387

California Home Prices

Value Range
> $1,345,843 8.0
$1,009,346 - $1,345,843 7.9
$672,902 - $1,009,345 17.9
$538,362 - $672,901 12.6
$403,722 - $538,361 16.6
$269,078 - $403,721 15.7
$134,575 - $269,077 12.9
$67,276 - $134,574 4.1
$0 - $67,275 4.3

California Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q4 - 2018 Q1
1.80% 7.38%
8
Last 12 Months:
2017 Q1 - 2018 Q1
8.08% 8.08%
9
Last 2 Years:
2016 Q1 - 2018 Q1
16.24% 7.81%
9
Last 5 Years:
2013 Q1 - 2018 Q1
56.89% 9.43%
10
Last 10 Years:
2008 Q1 - 2018 Q1
17.72% 1.64%
8
Since 2000:
2000 Q1 - 2018 Q1
144.47% 5.09%
10
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,954 / per month

Homeownership Rate

Homeownership
Owners 52.96
Renters 47.04
Vacant 7.94

Housing Details

Age of Homes

AGE OF California HOMES
2000 or Newer 13.2
1970 - 1999 44.1
1940 - 1969 33.3
1939 or Older 9.3

Types of Homes

TYPE OF California HOMES
Single-Family 58.1
Townhomes 6.9
Small Apt. Buildings 8.1
Apt. Complexes 23.1
Mobile Homes 3.7
Other 0.1

Home Size

SIZE OF California HOMES
No Bedroom 3.81
1 Bedroom 13.83
2 Bedrooms 27.87
3 Bedrooms 33.39
4 Bedrooms 16.81
5 or more bedrooms 4.29