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 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

Average Home Values

Median Home Value:
$548,524

Number Of Homes And Apartments:
12,965,435

California Home Prices

Value Range
> $1,216,663 11.1
$912,508 - $1,216,663 9.9
$608,302 - $912,507 21.2
$486,644 - $608,301 14.0
$365,001 - $486,643 15.5
$243,310 - $365,000 13.1
$121,704 - $243,309 9.0
$60,870 - $121,703 2.9
$0 - $60,869 3.4

California Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q4 - 2020 Q1
0.48% 1.93%
2
Last 12 Months:
2019 Q1 - 2020 Q1
3.40% 3.40%
2
Last 2 Years:
2018 Q1 - 2020 Q1
8.05% 3.95%
3
Last 5 Years:
2015 Q1 - 2020 Q1
35.29% 6.23%
8
Last 10 Years:
2010 Q1 - 2020 Q1
67.57% 5.30%
10
Since 2000:
2000 Q1 - 2020 Q1
162.51% 4.94%
10
* 10 is highest

Rent & Homeownership

Average Market Rent:
$2,173 / per month

Homeownership Rate

Homeownership
Owners 53.50
Renters 46.50
Vacant 7.95

Housing Details

Age of Homes

AGE OF California HOMES
2000 or Newer 14.1
1970 - 1999 43.7
1940 - 1969 33.0
1939 or Older 9.2

Types of Homes

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

Home Size

SIZE OF California HOMES
No Bedroom 4.20
1 Bedroom 13.49
2 Bedrooms 27.59
3 Bedrooms 33.39
4 Bedrooms 17.02
5 or more bedrooms 4.30