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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 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (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

$747,521

Number Of Homes And Apartments:

13,147,353

California Home Prices

> $1,341,142
$1,005,931 - $1,341,142
$670,648 - $1,005,930
$536,434 - $670,647
$402,309 - $536,433
$268,210 - $402,308
$134,089 - $268,209
$67,026 - $134,088
$0 - $67,025
16.0%
16.0%
12.8%
12.8%
25.4%
25.4%
13.6%
13.6%
12.9%
12.9%
9.6%
9.6%
5.3%
5.3%
2.0%
2.0%
2.6%
2.6%
0% 100.0%
% of Homes

California Appreciation Rates

Rent & Homeownership

Average Market Rent:

$3,302 / per month

Homeownership Rate

Owners
Renters
Vacant
54.3%
54.3%
45.7%
45.7%
7.8%
7.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
16.0%
16.0%
43.2%
43.2%
31.8%
31.8%
9.0%
9.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
57.6%
57.6%
7.2%
7.2%
7.8%
7.8%
23.7%
23.7%
3.6%
3.6%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.6%
4.6%
13.3%
13.3%
27.2%
27.2%
33.2%
33.2%
17.4%
17.4%
4.4%
4.4%
0% 100.0%
% of Homes