San Fernando, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating San Fernando Neighborhoods Since 2000




San Fernando, 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

San Fernando Housing Market Information

With a population of 24,931, 6,134 total housing units (homes and apartments), and a median house value of $429,901, real estate costs in San Fernando 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 San Fernando, accounting for 70.42% of the city's housing units. Other types of housing that are prevalent in San Fernando include large apartment complexes or high rise apartments ( 12.24%), row houses and other attached homes ( 9.58%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.69%).

The most prevalent building size and type in San Fernando are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.42% owning and 46.58% renting.

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. San Fernando's housing was primarily built during this period, from the '40s through the '60s. A full 58.34% of the city's housing hails from this era. Other housing ages represented in San Fernando include homes built between 1970-1999 ( 21.07%) and housing constructed before 1939 ( 15.85%). There's also some housing in San Fernando built between 2000 and later ( 4.74%).

San Fernando Home Appreciation Rates

San Fernando's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in San Fernando during the period has been just -1.46%, which is lower than 80% of US communities.

Appreciation rates are so strong in San Fernando that despite a nationwide downturn in the housing market, San Fernando real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, San Fernando appreciation rates continue to be some of the highest in America, at 8.57%, which is higher than appreciation rates in 89.22% 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 Fernando. San Fernando appreciation rates in the latest quarter were at 1.99%, which equates to an annual appreciation rate of 8.20%.

Importantly, this makes San Fernando one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to California, our data show that San Fernando's latest annual appreciation rate is higher than 60% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$429,901

San Fernando, CA HOME PRICES

Value Range
> $1,363,000 1.6
$1,023,001 - $1,363,000 1.9
$682,001 - $1,023,000 7.4
$545,001 - $682,000 11.0
$409,001 - $545,000 39.1
$273,001 - $409,000 29.0
$136,001 - $273,000 6.5
$68,001 - $136,000 0.4
$0 - $68,000 3.0

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
8.10969178483534 49.0740740740741

Number Of Homes And Apartments:
6,134

San Fernando 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
140.76% 5.23% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,849 / per month

Homeownership Rate

Homeownership
Owners 53.42
Renters 46.58
Vacant 4.75

Housing Market Details

 

Age of Homes

AGE OF San Fernando HOMES
2000 or Newer 4.7
1970 - 1999 21.1
1940 - 1969 58.3
1939 or Older 15.9

Types of Homes

TYPE OF San Fernando HOMES
Single-Family 70.4
Townhomes 9.6
Small Apt. Buildings 6.7
Apt. Complexes 12.2
Mobile Homes 1.1
Other 0.0

Home Size

SIZE OF San Fernando HOMES
No Bedroom 2.95
1 Bedroom 14.22
2 Bedrooms 31.44
3 Bedrooms 39.05
4 Bedrooms 11.09
5 or more bedrooms 1.24