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 Q3 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$538,823

Number Of Homes And Apartments:
12,894,775

California Home Prices

Value Range
> $1,294,132 9.4
$970,617 - $1,294,132 8.9
$647,001 - $970,616 19.6
$517,684 - $647,000 13.4
$388,229 - $517,683 16.2
$258,866 - $388,228 14.4
$129,413 - $258,865 10.8
$64,731 - $129,412 3.4
$0 - $64,730 4.0

California Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q2 - 2019 Q3
0.81% 3.29%
4
Last 12 Months:
2018 Q3 - 2019 Q3
2.86% 2.86%
1
Last 2 Years:
2017 Q3 - 2019 Q3
11.05% 5.38%
6
Last 5 Years:
2014 Q3 - 2019 Q3
36.98% 6.50%
8
Last 10 Years:
2009 Q3 - 2019 Q3
65.70% 5.18%
10
Since 2000:
2000 Q1 - 2019 Q3
160.65% 5.04%
10
* 10 is highest

Rent & Homeownership

Average Market Rent:
$2,064 / per month

Homeownership Rate

Homeownership
Owners 53.36
Renters 46.64
Vacant 7.92

Housing Details

Age of Homes

AGE OF California HOMES
2000 or Newer 13.6
1970 - 1999 44.0
1940 - 1969 33.1
1939 or Older 9.3

Types of Homes

TYPE OF California HOMES
Single-Family 58.1
Townhomes 7.0
Small Apt. Buildings 8.0
Apt. Complexes 23.1
Mobile Homes 3.7
Other 0.1

Home Size

SIZE OF California HOMES
No Bedroom 4.00
1 Bedroom 13.60
2 Bedrooms 27.72
3 Bedrooms 33.37
4 Bedrooms 16.98
5 or more bedrooms 4.32