California
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA






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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value:
$557,388

Number Of Homes And Apartments:
12,950,743

California Home Prices

> $1,236,742
11.1%
11.1%
$927,588 - $1,236,742
9.9%
9.9%
$618,391 - $927,587
21.2%
21.2%
$494,686 - $618,390
14.0%
14.0%
$371,011 - $494,685
15.5%
15.5%
$247,341 - $371,010
13.1%
13.1%
$123,680 - $247,340
9.0%
9.0%
$61,887 - $123,679
2.9%
2.9%
$0 - $61,886
3.4%
3.4%
0.0% 100.0%
% OF HOMES

California Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q2 - 2020 Q3
1.04% 4.23%
1
Last 12 Months:
2019 Q3 - 2020 Q3
3.45% 3.45%
2
Last 2 Years:
2018 Q3 - 2020 Q3
6.25% 3.08%
1
Last 5 Years:
2015 Q3 - 2020 Q3
29.62% 5.32%
7
Last 10 Years:
2010 Q3 - 2020 Q3
68.18% 5.34%
9
Since 2000:
2000 Q1 - 2020 Q3
164.23% 4.85%
10
* 10 is highest

Rent & Homeownership

Average Market Rent:
$2,220 / per month

Homeownership Rate

Owners
53.5%
53.5%
Renters
46.5%
46.5%
Vacant
7.9%
7.9%
0.0% 100.0%
% OF HOMES

Housing Details

Age of Homes

2000 or Newer
14.1%
14.1%
1970 - 1999
43.7%
43.7%
1940 - 1969
33.0%
33.0%
1939 or Older
9.2%
9.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
57.9%
57.9%
Townhomes
7.0%
7.0%
Small Apt. Buildings
8.0%
8.0%
Apt. Complexes
23.3%
23.3%
Mobile Homes
3.7%
3.7%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
4.2%
4.2%
1 Bedroom
13.5%
13.5%
2 Bedrooms
27.6%
27.6%
3 Bedrooms
33.4%
33.4%
4 Bedrooms
17.0%
17.0%
5 or more bedrooms
4.3%
4.3%
0.0% 100.0%
% OF HOMES