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 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:
$533,974

Number Of Homes And Apartments:
12,888,128

California Home Prices

Value Range
> $1,282,655 9.4
$961,947 - $1,282,655 8.9
$641,277 - $961,946 19.6
$513,040 - $641,276 13.4
$384,822 - $513,039 16.2
$256,537 - $384,821 14.4
$128,246 - $256,536 10.8
$64,097 - $128,245 3.4
$0 - $64,096 4.0

California Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q4 - 2019 Q1
0.40% 1.63%
3
Last 12 Months:
2018 Q1 - 2019 Q1
5.19% 5.19%
6
Last 2 Years:
2017 Q1 - 2019 Q1
13.98% 6.76%
7
Last 5 Years:
2014 Q1 - 2019 Q1
41.38% 7.17%
9
Last 10 Years:
2009 Q1 - 2019 Q1
52.35% 4.30%
10
Since 2000:
2000 Q1 - 2019 Q1
156.84% 5.09%
10
* 10 is highest

Rent & Homeownership

Average Market Rent:
$2,038 / 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