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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 Q3 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (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:
$759,302

Number Of Homes And Apartments:
13,003,564

California Home Prices

> $1,459,672
$1,094,864 - $1,459,672
$729,837 - $1,094,863
$583,944 - $729,836
$438,001 - $583,943
$291,958 - $438,000
$146,001 - $291,957
$72,993 - $146,000
$0 - $72,992
14.2%
14.2%
11.6%
11.6%
24.3%
24.3%
14.1%
14.1%
14.0%
14.0%
10.8%
10.8%
6.3%
6.3%
2.1%
2.1%
2.7%
2.7%
0.0% 100.0%
% OF HOMES

California Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2022 Q2 - 2022 Q3
-0.59% -2.32%
1
Last 12 Months:
2021 Q3 - 2022 Q3
14.62% 14.62%
5
Last 2 Years:
2020 Q3 - 2022 Q3
34.01% 15.76%
6
Last 5 Years:
2017 Q3 - 2022 Q3
52.37% 8.79%
5
Last 10 Years:
2012 Q3 - 2022 Q3
134.94% 8.92%
9
Since 2000:
2000 Q1 - 2022 Q3
252.06% 5.75%
9
* 10 is highest

Rent & Homeownership

Average Market Rent:
$2,930 / per month

Homeownership Rate

Owners
Renters
Vacant
54.1%
54.1%
45.9%
45.9%
7.8%
7.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.1%
15.1%
43.5%
43.5%
32.3%
32.3%
9.0%
9.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
57.7%
57.7%
7.1%
7.1%
7.8%
7.8%
23.6%
23.6%
3.6%
3.6%
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.5%
4.5%
13.3%
13.3%
27.3%
27.3%
33.3%
33.3%
17.3%
17.3%
4.3%
4.3%
0.0% 100.0%
% OF HOMES