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 175,269 people, 64,360 houses or apartments, and a median cost of homes of $582,642, 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 58.62% of the city's housing units. Other types of housing that are prevalent in Santa Rosa include large apartment complexes or high rise apartments ( 18.72%), row houses and other attached homes ( 10.72%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.57%).
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 51.35% owning and 48.65% 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 ( 24.67%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.31%). There's also some housing in Santa Rosa built before 1939 ( 5.93%).
In the last 10 years, Santa Rosa has experienced some of the highest home appreciation rates of any community in the nation. Santa Rosa real estate appreciated 60.19% over the last ten years, which is an average annual home appreciation rate of 4.82%, putting Santa Rosa in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Santa Rosa definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
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 14.06%, which is higher than appreciation rates in 99.30% 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 3.84%, which equates to an annual appreciation rate of 16.25%.
Importantly, this makes Santa Rosa 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 Santa Rosa's latest annual appreciation rate is higher than 90% 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.
|$1,141,001 - $1,522,000||6.1|
|$761,001 - $1,141,000||17.7|
|$609,001 - $761,000||19.1|
|$457,001 - $609,000||23.2|
|$305,001 - $457,000||14.8|
|$152,001 - $305,000||6.5|
|$76,001 - $152,000||2.7|
|$0 - $76,000||5.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
2000 Q1 - 2018 Q3
|* 10 is highest|
|AGE OF Santa Rosa HOMES|
|2000 or Newer||14.3|
|1970 - 1999||55.1|
|1940 - 1969||24.7|
|1939 or Older||5.9|
|TYPE OF Santa Rosa HOMES|
|Small Apt. Buildings||8.6|
|SIZE OF Santa Rosa HOMES|
|5 or more bedrooms||1.86|