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 Q3 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$538,589

Number Of Homes And Apartments:
12,900,917

California Home Prices

Value Range
> $1,411,255 8.0
$1,058,517 - $1,411,255 7.9
$705,676 - $1,058,516 17.9
$564,444 - $705,675 12.6
$423,389 - $564,443 16.6
$282,250 - $423,388 15.7
$141,115 - $282,249 12.9
$70,567 - $141,114 4.1
$0 - $70,566 4.3

California Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q2 - 2018 Q3
1.66% 6.80%
7
Last 12 Months:
2017 Q3 - 2018 Q3
8.55% 8.55%
9
Last 2 Years:
2016 Q3 - 2018 Q3
17.21% 8.26%
9
Last 5 Years:
2013 Q3 - 2018 Q3
48.43% 8.22%
9
Last 10 Years:
2008 Q3 - 2018 Q3
45.00% 3.79%
10
Since 2000:
2000 Q1 - 2018 Q3
155.60% 5.20%
10
* 10 is highest

Rent & Homeownership

Average Market Rent:
$2,048 / per month

Homeownership Rate

Homeownership
Owners 52.96
Renters 47.04
Vacant 7.94

Housing Details

Age of Homes

AGE OF California HOMES
2000 or Newer 13.2
1970 - 1999 44.1
1940 - 1969 33.3
1939 or Older 9.3

Types of Homes

TYPE OF California HOMES
Single-Family 58.1
Townhomes 6.9
Small Apt. Buildings 8.1
Apt. Complexes 23.1
Mobile Homes 3.7
Other 0.1

Home Size

SIZE OF California HOMES
No Bedroom 3.81
1 Bedroom 13.83
2 Bedrooms 27.87
3 Bedrooms 33.39
4 Bedrooms 16.81
5 or more bedrooms 4.29