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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 Q2 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

$733,567

Number Of Homes And Apartments:

13,217,586

California Home Prices

> $1,320,957
$990,616 - $1,320,957
$660,412 - $990,615
$528,356 - $660,411
$396,259 - $528,355
$264,155 - $396,258
$132,037 - $264,154
$66,001 - $132,036
$0 - $66,000
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:

$3,249 / 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