Rohnert Park, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Rohnert Park Neighborhoods Since 2000




Rohnert Park, 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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Rohnert Park Housing Market Information

With 42,407 people, 15,895 houses or apartments, and a median cost of homes of $474,035, real estate costs in Rohnert Park 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 Rohnert Park, accounting for 46.50% of the city's housing units. Other types of housing that are prevalent in Rohnert Park include large apartment complexes or high rise apartments ( 27.06%), row houses and other attached homes ( 10.94%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.13%).

The most prevalent building size and type in Rohnert Park are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 50.85% owning and 49.15% renting.

There is a lot of housing in Rohnert Park 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 Rohnert Park built between 1940-1969 ( 14.71%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.96%).

Rohnert Park Home Appreciation Rates

Real estate appreciation rates in Rohnert Park's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.08% during the period.

Appreciation rates are so strong in Rohnert Park that despite a nationwide downturn in the housing market, Rohnert Park real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Rohnert Park appreciation rates continue to be some of the highest in America, at 10.30%, which is higher than appreciation rates in 94.63% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Rohnert Park. Rohnert Park appreciation rates in the latest quarter were at 3.16%, which equates to an annual appreciation rate of 13.27%.

Importantly, NeighborhoodScout’s exclusive research found that Rohnert Park's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

Relative to California, our data show that Rohnert Park's latest annual appreciation rate is higher than 80% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Rohnert Park differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rohnert Park - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Rohnert Park real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$474,035

Rohnert Park, CA HOME PRICES

Value Range
> $1,419,000 1.6
$1,064,001 - $1,419,000 2.9
$709,001 - $1,064,000 10.3
$568,001 - $709,000 17.8
$426,001 - $568,000 27.2
$284,001 - $426,000 18.7
$142,001 - $284,000 10.3
$71,001 - $142,000 4.9
$0 - $71,000 6.2

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
6.6447908121411 42.5925925925926

Number Of Homes And Apartments:
15,895

Rohnert Park Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
66.40% 3.00% 3 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,989 / per month

Homeownership Rate

Homeownership
Owners 50.85
Renters 49.15
Vacant 3.22

Housing Market Details

 

Age of Homes

AGE OF Rohnert Park HOMES
2000 or Newer 6.0
1970 - 1999 78.7
1940 - 1969 14.7
1939 or Older 0.6

Types of Homes

TYPE OF Rohnert Park HOMES
Single-Family 46.5
Townhomes 10.9
Small Apt. Buildings 8.1
Apt. Complexes 27.1
Mobile Homes 7.3
Other 0.1

Home Size

SIZE OF Rohnert Park HOMES
No Bedroom 1.16
1 Bedroom 15.96
2 Bedrooms 28.28
3 Bedrooms 34.40
4 Bedrooms 16.79
5 or more bedrooms 3.40