San Bernardino, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating San Bernardino Neighborhoods Since 2000




San Bernardino, CA Real Estate Data


San Bernardino Housing Market Information

With 216,108 people, 57,577 houses or apartments, and a median cost of homes of $215,502, San Bernardino real estate values are some of the lowest in California, although compared to real estate around the nation, San Bernardino homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in San Bernardino, accounting for 60.52% of the city's housing units. Other types of housing that are prevalent in San Bernardino include large apartment complexes or high rise apartments ( 19.83%), duplexes, homes converted to apartments or other small apartment buildings ( 8.86%), and a few mobile homes or trailers ( 6.35%).

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

There is a lot of housing in San Bernardino 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 San Bernardino built between 1940-1969 ( 41.97%). A lesser amount of the housing stock also hails from before 1939 ( 8.68%). There's also some housing in San Bernardino built between 2000 and later ( 6.34%).

San Bernardino Home Appreciation Rates

Homes have actually lost value in San Bernardino over the last then years, as home values have seen a decline of 26.28% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows San Bernardino home appreciation rates at 1.54%, which equates to an annual appreciation rate of 6.30%.

Appreciation rates are so strong in San Bernardino that despite a nationwide downturn in the housing market, San Bernardino real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, San Bernardino appreciation rates continue to be some of the highest in America, at 6.12%, which is higher than appreciation rates in 75.69% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in San Bernardino. San Bernardino appreciation rates in the latest quarter were at 1.54%, which equates to an annual appreciation rate of 6.30%.

Relative to California, our data show that San Bernardino'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 San Bernardino differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in San Bernardino - 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 San Bernardino real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$215,502

San Bernardino, CA HOME PRICES

Value Range
> $1,548,000 0.3
$1,161,001 - $1,548,000 0.2
$774,001 - $1,161,000 1.3
$619,001 - $774,000 1.1
$464,001 - $619,000 4.8
$310,001 - $464,000 17.8
$155,001 - $310,000 41.5
$77,001 - $155,000 21.3
$0 - $77,000 11.7

Very Low for CA
High for Nation

Value Relative to Nation Value Relative to State
29.5133805703578 84.9405548216645

Number Of Homes And Apartments:
57,577

Rent & Ownership

 

Average Market Rent:
$1,259 / per month

Homeownership Rate

Homeownership
Owners 46.81
Renters 53.19
Vacant 9.26

Housing Market Details

 

Age of Homes

AGE OF San Bernardino HOMES
2000 or Newer 6.3
1970 - 1999 43.0
1940 - 1969 42.0
1939 or Older 8.7

Types of Homes

TYPE OF San Bernardino HOMES
Single-Family 60.5
Townhomes 4.3
Small Apt. Buildings 8.9
Apt. Complexes 19.8
Mobile Homes 6.3
Other 0.1

Home Size

SIZE OF San Bernardino HOMES
No Bedroom 2.67
1 Bedroom 14.83
2 Bedrooms 31.93
3 Bedrooms 35.33
4 Bedrooms 13.09
5 or more bedrooms 2.16

San Bernardino Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2016 Q3
102.24% 4.23% 8 10
* 10 is highest