Rodeo CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Rodeo, CA Real Estate 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 Q1 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Rodeo Housing Market Information

With 9,299 people, 3,329 houses or apartments, and a median cost of homes of $558,424, real estate costs in Rodeo are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Rodeo, accounting for 71.81% of the town's housing units. Other types of housing that are prevalent in Rodeo include duplexes, homes converted to apartments or other small apartment buildings ( 13.73%), large apartment complexes or high rise apartments ( 10.60%), and a few row houses and other attached homes ( 3.59%).

The most prevalent building size and type in Rodeo are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 60.80% owning and 39.20% renting.

There is a lot of housing in Rodeo built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Rodeo built between 1940-1969 ( 33.40%). A lesser amount of the housing stock also hails from before 1939 ( 15.35%). There's also some housing in Rodeo built between 2000 and later ( 8.69%).

Rodeo Home Appreciation Rates

In the last 10 years, Rodeo has experienced some of the highest home appreciation rates of any community in the nation. Rodeo real estate appreciated 115.99% over the last ten years, which is an average annual home appreciation rate of 8.00%, putting Rodeo in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Rodeo definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Rodeo appreciation rates have trailed the rest of the nation. In the last twelve months, Rodeo's appreciation rate has been 2.35%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rodeo were at 0.21%, which equates to an annual appreciation rate of 0.84%.

Notably, Rodeo's appreciation rate in the latest quarter is one of the lowest in America.

Relative to California, our data show that Rodeo's latest annual appreciation rate is lower than 70% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$558,424

Rodeo, CA HOME PRICES

Value Range
> $1,311,000 0.0
$983,001 - $1,311,000 1.9
$655,001 - $983,000 23.8
$524,001 - $655,000 35.9
$393,001 - $524,000 21.3
$262,001 - $393,000 11.5
$131,001 - $262,000 3.1
$65,001 - $131,000 1.2
$0 - $65,000 1.2

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
6.01459854014599 39.8427260812582

Number Of Homes And Apartments:
3,329

Rodeo Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
119.36% 3.96%
6
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,279 / per month

Homeownership Rate

Homeownership
Owners 60.80
Renters 39.20
Vacant 1.94

Housing Market Details

 

Age of Homes

AGE OF Rodeo HOMES
2000 or Newer 8.7
1970 - 1999 42.6
1940 - 1969 33.4
1939 or Older 15.3

Types of Homes

TYPE OF Rodeo HOMES
Single-Family 71.8
Townhomes 3.6
Small Apt. Buildings 13.7
Apt. Complexes 10.6
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Rodeo HOMES
No Bedroom 3.30
1 Bedroom 7.01
2 Bedrooms 24.92
3 Bedrooms 38.76
4 Bedrooms 18.73
5 or more bedrooms 7.28