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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 Q4 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2023 (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

$860,252

Number Of Homes And Apartments:

13,434,847

California Home Prices

> $1,277,789
$958,363 - $1,277,789
$638,865 - $958,362
$511,097 - $638,864
$383,365 - $511,096
$255,545 - $383,364
$127,820 - $255,544
$63,908 - $127,819
$0 - $63,907
24.7%
24.7%
16.8%
16.8%
26.0%
26.0%
10.7%
10.7%
8.4%
8.4%
6.0%
6.0%
3.1%
3.1%
1.7%
1.7%
2.5%
2.5%
0% 100.0%
% of Homes

California Appreciation Rates

Rent & Homeownership

Average Market Rent:

$3,329 / per month

Homeownership Rate

Owners
Renters
54.6%
54.6%
45.4%
45.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.6%
7.6%
92.4%
92.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
18.1%
18.1%
42.2%
42.2%
30.9%
30.9%
8.9%
8.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
57.2%
57.2%
7.3%
7.3%
7.7%
7.7%
24.1%
24.1%
3.5%
3.5%
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
4.8%
4.8%
13.3%
13.3%
27.0%
27.0%
33.0%
33.0%
17.5%
17.5%
4.4%
4.4%
0% 100.0%
% of Homes