Rodeo, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Rodeo Neighborhoods Since 2000




Rodeo, CA Real Estate Data


Rodeo Housing Market Information

With a population of 9,299, 3,043 total housing units (homes and apartments), and a median house value of $479,825, 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 75.00% 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 ( 14.40%), large apartment complexes or high rise apartments ( 7.26%), and a few row houses and other attached homes ( 2.22%).

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 62.91% owning and 37.09% 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 ( 33.78%). A lesser amount of the housing stock also hails from before 1939 ( 10.94%). There's also some housing in Rodeo built between 2000 and later ( 9.15%).

Rodeo Home Appreciation Rates

Homes have actually lost value in Rodeo over the last then years, as home values have seen a decline of 25.33% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Rodeo home appreciation rates at 1.69%, which equates to an annual appreciation rate of 6.92%.

Appreciation rates are so strong in Rodeo that despite a nationwide downturn in the housing market, Rodeo real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Rodeo appreciation rates continue to be some of the highest in America, at 6.44%, which is higher than appreciation rates in 79.45% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Rodeo. Rodeo appreciation rates in the latest quarter were at 1.69%, which equates to an annual appreciation rate of 6.92%.

Relative to California, our data show that Rodeo's latest annual appreciation rate is lower than 50% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$479,825

Rodeo, CA HOME PRICES

Value Range
> $1,587,000 0.0
$1,190,001 - $1,587,000 1.1
$793,001 - $1,190,000 5.0
$635,001 - $793,000 14.2
$476,001 - $635,000 31.1
$318,001 - $476,000 28.7
$158,001 - $318,000 16.8
$79,001 - $158,000 0.3
$0 - $79,000 2.7

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
6.76933887685191 43.1968295904888

Number Of Homes And Apartments:
3,043

Rent & Ownership

 

Average Market Rent:
$2,460 / per month

Homeownership Rate

Homeownership
Owners 62.91
Renters 37.09
Vacant 5.96

Housing Market Details

 

Age of Homes

AGE OF Rodeo HOMES
2000 or Newer 9.1
1970 - 1999 46.1
1940 - 1969 33.8
1939 or Older 10.9

Types of Homes

TYPE OF Rodeo HOMES
Single-Family 75.0
Townhomes 2.2
Small Apt. Buildings 14.4
Apt. Complexes 7.3
Mobile Homes 1.1
Other 0.0

Home Size

SIZE OF Rodeo HOMES
No Bedroom 0.00
1 Bedroom 9.02
2 Bedrooms 28.15
3 Bedrooms 37.95
4 Bedrooms 20.55
5 or more bedrooms 4.33

Rodeo Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
63.13% 2.92% 3 8
* 10 is highest