Seal Beach CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Seal Beach, 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Seal Beach Housing Market Information

With a population of 24,119, 12,500 total housing units (homes and apartments), and a median house value of $950,639, Seal Beach house prices are not only among the most expensive in California, Seal Beach real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Seal Beach, accounting for 37.77% of the city's housing units. Other types of housing that are prevalent in Seal Beach include single-family detached homes ( 34.54%), row houses and other attached homes ( 18.72%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.24%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.

Dwellings in Seal Beach tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 67.10% of the homes in Seal Beach have two or fewer bedrooms.

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. Seal Beach's housing was primarily built during this period, from the '40s through the '60s. A full 71.66% of the city's housing hails from this era. Other housing ages represented in Seal Beach include homes built between 1970-1999 ( 21.32%) and housing constructed between 2000 and later ( 4.93%). There's also some housing in Seal Beach built before 1939 ( 2.09%).

Seal Beach Home Appreciation Rates

Appreciation rates for homes in Seal Beach have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 45.77%, which ranks in the top 30% nationwide. This equates to an annual average Seal Beach house appreciation rate of 3.84%.

Over the last year, Seal Beach appreciation rates have trailed the rest of the nation. In the last twelve months, Seal Beach's appreciation rate has been 2.65%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Seal Beach were at 1.00%, which equates to an annual appreciation rate of 4.08%.

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

Average Home Values

 

Median Home Value:
$950,639

Seal Beach, CA HOME PRICES

Value Range
> $1,150,000 29.4
$862,001 - $1,150,000 24.5
$575,001 - $862,000 9.5
$460,001 - $575,000 4.1
$345,001 - $460,000 6.2
$230,001 - $345,000 9.7
$115,001 - $230,000 14.3
$57,001 - $115,000 1.1
$0 - $57,000 1.2

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
1.48905109489051 14.9410222804718

Number Of Homes And Apartments:
12,500

Seal Beach Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
138.51% 4.39%
8
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,107 / per month

Homeownership Rate

Homeownership
Owners 75.31
Renters 24.69
Vacant 9.25

Housing Market Details

 

Age of Homes

AGE OF Seal Beach HOMES
2000 or Newer 4.9
1970 - 1999 21.3
1940 - 1969 71.7
1939 or Older 2.1

Types of Homes

TYPE OF Seal Beach HOMES
Single-Family 34.5
Townhomes 18.7
Small Apt. Buildings 8.2
Apt. Complexes 37.8
Mobile Homes 0.7
Other 0.0

Home Size

SIZE OF Seal Beach HOMES
No Bedroom 2.94
1 Bedroom 18.99
2 Bedrooms 45.17
3 Bedrooms 16.74
4 Bedrooms 12.88
5 or more bedrooms 3.28