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 Q2 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:
$535,420

Number Of Homes And Apartments:
12,888,128

California Home Prices

Value Range
> $1,284,212 9.4
$963,135 - $1,284,212 8.9
$642,101 - $963,134 19.6
$513,723 - $642,100 13.4
$385,183 - $513,722 16.2
$256,894 - $385,182 14.4
$128,391 - $256,893 10.8
$64,205 - $128,390 3.4
$0 - $64,204 4.0

California Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q1 - 2019 Q2
0.94% 3.81%
1
Last 12 Months:
2018 Q2 - 2019 Q2
3.49% 3.49%
2
Last 2 Years:
2017 Q2 - 2019 Q2
12.48% 6.06%
7
Last 5 Years:
2014 Q2 - 2019 Q2
38.99% 6.81%
8
Last 10 Years:
2009 Q2 - 2019 Q2
61.03% 4.88%
10
Since 2000:
2000 Q1 - 2019 Q2
159.05% 5.07%
10
* 10 is highest

Rent & Homeownership

Average Market Rent:
$2,051 / 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