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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 50,432 people, 14,617 houses or apartments, and a median cost of homes of $587,946, real estate costs in Rowland Heights 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 Rowland Heights, accounting for 70.96% of the town's housing units. Other types of housing that are prevalent in Rowland Heights include large apartment complexes or high rise apartments ( 15.95%), duplexes, homes converted to apartments or other small apartment buildings ( 5.87%), and a few mobile homes or trailers ( 4.49%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rowland Heights. Owner-occupied housing accounts for 66.70% of Rowland Heights's homes, and 63.07% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Rowland Heights 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 Rowland Heights built between 1940-1969 ( 35.07%). A lesser amount of the housing stock also hails from between 2000 and later ( 2.92%). There's also some housing in Rowland Heights built before 1939 ( 1.50%).
Appreciation rates for homes in Rowland Heights have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.87%, which ranks in the top 40% nationwide. This equates to an annual average Rowland Heights house appreciation rate of 0.57%.
Appreciation rates are so strong in Rowland Heights that despite a nationwide downturn in the housing market, Rowland Heights real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Rowland Heights appreciation rates continue to be some of the highest in America, at 6.25%, which is higher than appreciation rates in 76.15% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Rowland Heights. Rowland Heights appreciation rates in the latest quarter were at 1.99%, which equates to an annual appreciation rate of 8.20%.
Importantly, this makes Rowland Heights one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to California, our data show that Rowland Heights's latest annual appreciation rate is lower than 70% 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 town. Individual neighborhoods within Rowland Heights differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rowland Heights - 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 Rowland Heights real estate investment or home purchase decisions.
|$958,001 - $1,279,000||12.7|
|$639,001 - $958,000||25.0|
|$511,001 - $639,000||21.4|
|$383,001 - $511,000||21.2|
|$256,001 - $383,000||4.3|
|$128,001 - $256,000||1.7|
|$64,001 - $128,000||4.4|
|$0 - $64,000||4.9|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Rowland Heights HOMES|
|2000 or Newer||2.9|
|1970 - 1999||60.5|
|1940 - 1969||35.1|
|1939 or Older||1.5|
|TYPE OF Rowland Heights HOMES|
|Small Apt. Buildings||5.9|
|SIZE OF Rowland Heights HOMES|
|5 or more bedrooms||10.70|