With a population of 8,258, 3,027 total housing units (homes and apartments), and a median house value of $1,327,051, Rolling Hills Estates house prices are not only among the most expensive in California, Rolling Hills Estates real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Rolling Hills Estates, accounting for 78.78% of the city's housing units. Other types of housing that are prevalent in Rolling Hills Estates include row houses and other attached homes ( 15.65%), large apartment complexes or high rise apartments ( 3.54%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.03%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rolling Hills Estates. Owner-occupied housing accounts for 91.37% of Rolling Hills Estates's homes, and 73.77% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Rolling Hills Estates's housing was primarily built during this period, from the '40s through the '60s. A full 53.90% of the city's housing hails from this era. Other housing ages represented in Rolling Hills Estates include homes built between 1970-1999 ( 39.56%) and housing constructed between 2000 and later ( 5.73%).
Appreciation rates for homes in Rolling Hills Estates have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.13%, which ranks in the top 40% nationwide. This equates to an annual average Rolling Hills Estates house appreciation rate of 1.06%.
NeighborhoodScout's data show that during the latest twelve months, Rolling Hills Estates's appreciation rate, at 4.96%, has been at or slightly above the national average. In the latest quarter, Rolling Hills Estates's appreciation rate has been 1.34%, which annualizes to a rate of 5.46%.
Relative to California, our data show that Rolling Hills Estates's latest annual appreciation rate is lower than 80% of the other cities and towns in California.
|$1,000,001 - $1,333,000||25.4|
|$667,001 - $1,000,000||12.5|
|$533,001 - $667,000||1.9|
|$400,001 - $533,000||2.1|
|$267,001 - $400,000||2.0|
|$133,001 - $267,000||1.2|
|$67,001 - $133,000||0.2|
|$0 - $67,000||0.3|
|Value Relative to Nation||Value Relative to State|
|AGE OF Rolling Hills Estates HOMES|
|2000 or Newer||5.7|
|1970 - 1999||39.6|
|1940 - 1969||53.9|
|1939 or Older||0.8|
|TYPE OF Rolling Hills Estates HOMES|
|Small Apt. Buildings||2.0|
|SIZE OF Rolling Hills Estates HOMES|
|5 or more bedrooms||12.86|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2016 Q3
|* 10 is highest|