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Scotts Valley, CA Real Estate Market

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 Q2 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Scotts Valley, CA Housing Market Trends

With a population of 12,224, 4,779 total housing units (homes and apartments), and a median house value of $1,178,165, Scotts Valley house prices are not only among the most expensive in California, Scotts Valley real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Scotts Valley, accounting for 54.23% of the city's housing units. Other types of housing that are prevalent in Scotts Valley include mobile homes or trailers ( 16.55%), large apartment complexes or high rise apartments ( 13.02%), and a few row houses and other attached homes ( 11.61%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Scotts Valley. Owner-occupied housing accounts for 71.75% of Scotts Valley's homes, and 56.36% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Scotts Valley 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 Scotts Valley built between 2000 and later ( 20.07%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.00%). There's also some housing in Scotts Valley built before 1939 ( 2.04%).

Scotts Valley Home Appreciation Rates

Appreciation rates for homes in Scotts Valley have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 91.03%, which ranks in the top 30% nationwide. This equates to an annual average Scotts Valley house appreciation rate of 6.69%.

NeighborhoodScout's data show that during the latest twelve months, Scotts Valley's appreciation rate, at 14.11%, has been at or slightly above the national average. In the latest quarter, Scotts Valley's appreciation rate has been 2.79%, which annualizes to a rate of 11.63%.

Relative to California, our data show that Scotts Valley's latest annual appreciation rate is lower than 70% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$1,178,165

Scotts Valley, CA HOME PRICES

> $1,259,000
$944,001 - $1,259,000
$629,001 - $944,000
$503,001 - $629,000
$377,001 - $503,000
$252,001 - $377,000
$126,001 - $252,000
$63,001 - $126,000
$0 - $63,000
43.3%
43.3%
25.1%
25.1%
17.1%
17.1%
7.7%
7.7%
4.4%
4.4%
1.8%
1.8%
0.2%
0.2%
0.2%
0.2%
0.2%
0.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for CA

Value Relative To Nation

Number Of Homes And Apartments:
4,779

Scotts Valley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
121.78% 3.60%
1
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$4,249 / per month

Homeownership Rate

Owners
Renters
Vacant
71.8%
71.8%
28.2%
28.2%
9.0%
9.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
20.1%
20.1%
60.9%
60.9%
17.0%
17.0%
2.0%
2.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
54.2%
54.2%
11.6%
11.6%
4.6%
4.6%
13.0%
13.0%
16.5%
16.5%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
5.3%
5.3%
8.0%
8.0%
26.4%
26.4%
36.4%
36.4%
20.0%
20.0%
4.0%
4.0%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Scotts Valley

Zip Codes in Scotts Valley, CA