California
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






California Real Estate Market & Appreciation

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (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:
$574,957

Number Of Homes And Apartments:
13,044,266

California Home Prices

> $1,184,775
12.7%
12.7%
$888,620 - $1,184,775
10.8%
10.8%
$592,259 - $888,619
22.8%
22.8%
$473,901 - $592,258
14.2%
14.2%
$355,416 - $473,900
14.7%
14.7%
$237,001 - $355,415
12.0%
12.0%
$118,497 - $237,000
7.6%
7.6%
$59,224 - $118,496
2.4%
2.4%
$0 - $59,223
2.8%
2.8%
0.0% 100.0%
% OF HOMES

California Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q3 - 2020 Q4
2.00% 8.24%
6
Last 12 Months:
2019 Q4 - 2020 Q4
5.00% 5.00%
2
Last 2 Years:
2018 Q4 - 2020 Q4
8.45% 4.14%
2
Last 5 Years:
2015 Q4 - 2020 Q4
30.01% 5.39%
6
Last 10 Years:
2010 Q4 - 2020 Q4
72.62% 5.61%
9
Since 2000:
2000 Q1 - 2020 Q4
168.41% 4.87%
10
* 10 is highest

Rent & Homeownership

Average Market Rent:
$2,333 / per month

Homeownership Rate

Owners
53.7%
53.7%
Renters
46.3%
46.3%
Vacant
8.0%
8.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
14.6%
14.6%
1970 - 1999
43.5%
43.5%
1940 - 1969
32.7%
32.7%
1939 or Older
9.1%
9.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
57.7%
57.7%
Townhomes
7.0%
7.0%
Small Apt. Buildings
7.9%
7.9%
Apt. Complexes
23.5%
23.5%
Mobile Homes
3.7%
3.7%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
4.4%
4.4%
1 Bedroom
13.4%
13.4%
2 Bedrooms
27.4%
27.4%
3 Bedrooms
33.4%
33.4%
4 Bedrooms
17.1%
17.1%
5 or more bedrooms
4.3%
4.3%
0.0% 100.0%
% OF HOMES