Rosemead, CA Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Rosemead, CA Housing Market Trends

With 54,058 people, 14,455 houses or apartments, and a median cost of homes of $672,316, real estate costs in Rosemead 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 Rosemead, accounting for 72.37% of the city's housing units. Other types of housing that are prevalent in Rosemead include row houses and other attached homes ( 14.51%), large apartment complexes or high rise apartments ( 7.85%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.43%).

People in Rosemead primarily live in small (one, two or no bedroom) single-family detached homes. Rosemead has a mixture of owner-occupied and renter-occupied housing.

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. Rosemead's housing was primarily built during this period, from the '40s through the '60s. A full 53.16% of the city's housing hails from this era. Other housing ages represented in Rosemead include homes built between 1970-1999 ( 28.59%) and housing constructed before 1939 ( 12.75%). There's also some housing in Rosemead built between 2000 and later ( 5.49%).

Rosemead Home Appreciation Rates

In the last 10 years, Rosemead has experienced some of the highest home appreciation rates of any community in the nation. Rosemead real estate appreciated 66.51% over the last ten years, which is an average annual home appreciation rate of 5.23%, putting Rosemead in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Rosemead 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, Rosemead appreciation rates have trailed the rest of the nation. In the last twelve months, Rosemead's appreciation rate has been 4.88%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rosemead were at 1.49%, which equates to an annual appreciation rate of 6.11%.

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

Relative to California, our data show that Rosemead's latest annual appreciation rate is lower than 60% 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 Rosemead differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rosemead - 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 Rosemead real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$672,316

Rosemead, CA HOME PRICES

> $1,187,000
3.2%
3.2%
$890,001 - $1,187,000
9.7%
9.7%
$593,001 - $890,000
48.9%
48.9%
$475,001 - $593,000
21.1%
21.1%
$356,001 - $475,000
9.5%
9.5%
$237,001 - $356,000
2.9%
2.9%
$119,001 - $237,000
1.9%
1.9%
$59,001 - $119,000
1.2%
1.2%
$0 - $59,000
1.6%
1.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for CA

Value Relative To Nation

Number Of Homes And Apartments:
14,455

Rosemead Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
223.74% 5.75%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,048 / per month

Homeownership Rate

Owners
47.8%
47.8%
Renters
52.2%
52.2%
Vacant
5.5%
5.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
5.5%
5.5%
1970 - 1999
28.6%
28.6%
1940 - 1969
53.2%
53.2%
1939 or Older
12.8%
12.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
72.4%
72.4%
Townhomes
14.5%
14.5%
Small Apt. Buildings
3.4%
3.4%
Apt. Complexes
7.9%
7.9%
Mobile Homes
1.8%
1.8%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.0%
2.0%
1 Bedroom
11.4%
11.4%
2 Bedrooms
38.2%
38.2%
3 Bedrooms
29.4%
29.4%
4 Bedrooms
16.2%
16.2%
5 or more bedrooms
2.9%
2.9%
0.0% 100.0%
% OF HOMES