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 Q2 2021. 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:
$608,432

Number Of Homes And Apartments:
13,044,266

California Home Prices

> $1,256,330
12.7%
12.7%
$942,340 - $1,256,330
10.8%
10.8%
$628,180 - $942,339
22.8%
22.8%
$502,575 - $628,179
14.2%
14.2%
$376,894 - $502,574
14.7%
14.7%
$251,341 - $376,893
12.0%
12.0%
$125,673 - $251,340
7.6%
7.6%
$62,837 - $125,672
2.4%
2.4%
$0 - $62,836
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:
2021 Q1 - 2021 Q2
5.70% 24.84%
7
Last 12 Months:
2020 Q2 - 2021 Q2
11.87% 11.87%
6
Last 2 Years:
2019 Q2 - 2021 Q2
16.07% 7.74%
5
Last 5 Years:
2016 Q2 - 2021 Q2
36.74% 6.46%
6
Last 10 Years:
2011 Q2 - 2021 Q2
96.80% 7.00%
9
Since 2000:
2000 Q1 - 2021 Q2
190.66% 5.15%
10
* 10 is highest

Rent & Homeownership

Average Market Rent:
$2,526 / 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