Santa Rosa, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Santa Rosa Neighborhoods Since 2000




Santa Rosa, 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

Santa Rosa Housing Market Information

With 174,972 people, 64,088 houses or apartments, and a median cost of homes of $493,583, real estate costs in Santa Rosa 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 Santa Rosa, accounting for 58.29% of the city's housing units. Other types of housing that are prevalent in Santa Rosa include large apartment complexes or high rise apartments ( 19.37%), row houses and other attached homes ( 10.23%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.68%).

The most prevalent building size and type in Santa Rosa are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.73% owning and 48.27% renting.

There is a lot of housing in Santa Rosa 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 Santa Rosa built between 1940-1969 ( 24.35%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.50%). There's also some housing in Santa Rosa built before 1939 ( 5.51%).

Santa Rosa Home Appreciation Rates

Real estate appreciation rates in Santa Rosa's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.05% during the period.

Appreciation rates are so strong in Santa Rosa that despite a nationwide downturn in the housing market, Santa Rosa real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Santa Rosa appreciation rates continue to be some of the highest in America, at 9.27%, which is higher than appreciation rates in 91.59% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Santa Rosa. Santa Rosa appreciation rates in the latest quarter were at 3.16%, which equates to an annual appreciation rate of 13.27%.

Importantly, NeighborhoodScout’s exclusive research found that Santa Rosa's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

Relative to California, our data show that Santa Rosa's latest annual appreciation rate is higher 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 city. Individual neighborhoods within Santa Rosa differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Santa Rosa - 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 Santa Rosa real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$493,583

Santa Rosa, CA HOME PRICES

Value Range
> $1,401,000 3.7
$1,051,001 - $1,401,000 5.1
$700,001 - $1,051,000 15.0
$560,001 - $700,000 16.6
$420,001 - $560,000 27.1
$280,001 - $420,000 16.7
$140,001 - $280,000 7.7
$70,001 - $140,000 2.9
$0 - $70,000 5.2

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
6.09984765029884 40.6084656084656

Number Of Homes And Apartments:
64,088

Santa Rosa 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
71.96% 3.19% 3 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,996 / per month

Homeownership Rate

Homeownership
Owners 51.73
Renters 48.27
Vacant 4.82

Housing Market Details

 

Age of Homes

AGE OF Santa Rosa HOMES
2000 or Newer 14.5
1970 - 1999 55.6
1940 - 1969 24.4
1939 or Older 5.5

Types of Homes

TYPE OF Santa Rosa HOMES
Single-Family 58.3
Townhomes 10.2
Small Apt. Buildings 8.7
Apt. Complexes 19.4
Mobile Homes 3.4
Other 0.0

Home Size

SIZE OF Santa Rosa HOMES
No Bedroom 2.44
1 Bedroom 13.61
2 Bedrooms 30.91
3 Bedrooms 37.47
4 Bedrooms 14.01
5 or more bedrooms 1.56