Rosamond, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Rosamond Neighborhoods Since 2000




Rosamond, 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

Rosamond Housing Market Information

With 18,883 people, 5,996 houses or apartments, and a median cost of homes of $171,969, Rosamond real estate values are some of the lowest in California, although compared to real estate around the nation, Rosamond homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Rosamond, accounting for 69.65% of the town's housing units. Other types of housing that are prevalent in Rosamond include mobile homes or trailers ( 17.46%), large apartment complexes or high rise apartments ( 5.79%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.75%).

The most prevalent building size and type in Rosamond are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 58.52% owning and 41.48% renting.

There is a lot of housing in Rosamond 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 Rosamond built between 2000 and later ( 19.06%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.88%). There's also some housing in Rosamond built before 1939 ( 1.37%).

Vacant housing appears to be an issue in Rosamond. Fully 15.51% of the housing stock is classified as vacant. Left unchecked, vacant Rosamond homes and apartments can be a drag on the real estate market, holding Rosamond real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Rosamond Home Appreciation Rates

Homes have actually lost value in Rosamond over the last then years, as home values have seen a decline of 31.14% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Rosamond home appreciation rates at -0.13%, which equates to an annual appreciation rate of -0.52%.

Appreciation rates are so strong in Rosamond that despite a nationwide downturn in the housing market, Rosamond real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Rosamond appreciation rates continue to be some of the highest in America, at 9.26%, which is higher than appreciation rates in 91.57% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Rosamond. Rosamond appreciation rates in the latest quarter were at -0.13%, which equates to an annual appreciation rate of -0.52%.

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

Average Home Values

 

Median Home Value:
$171,969

Rosamond, CA HOME PRICES

Value Range
> $1,358,000 0.4
$1,019,001 - $1,358,000 0.2
$679,001 - $1,019,000 0.0
$543,001 - $679,000 2.1
$407,001 - $543,000 3.0
$272,001 - $407,000 13.5
$136,001 - $272,000 44.6
$68,001 - $136,000 22.0
$0 - $68,000 14.2

Very Low for CA
Average for Nation

Value Relative to Nation Value Relative to State
40.9000351576233 92.0634920634921

Number Of Homes And Apartments:
5,996

Rosamond 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
66.95% 3.02% 3 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,303 / per month

Homeownership Rate

Homeownership
Owners 58.52
Renters 41.48
Vacant 15.51

Housing Market Details

 

Age of Homes

AGE OF Rosamond HOMES
2000 or Newer 19.1
1970 - 1999 66.7
1940 - 1969 12.9
1939 or Older 1.4

Types of Homes

TYPE OF Rosamond HOMES
Single-Family 69.6
Townhomes 1.4
Small Apt. Buildings 5.7
Apt. Complexes 5.8
Mobile Homes 17.5
Other 0.0

Home Size

SIZE OF Rosamond HOMES
No Bedroom 0.25
1 Bedroom 7.14
2 Bedrooms 17.99
3 Bedrooms 46.84
4 Bedrooms 25.07
5 or more bedrooms 2.71

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Zip Codes in Rosamond, CA