Shingle Springs, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Shingle Springs Neighborhoods Since 2000




Shingle Springs, 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

Shingle Springs Housing Market Information

With a population of 4,484, 1,599 total housing units (homes and apartments), and a median house value of $597,520, real estate costs in Shingle Springs 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 Shingle Springs, accounting for 80.43% of the town's housing units. Other types of housing that are prevalent in Shingle Springs include mobile homes or trailers ( 8.68%), duplexes, homes converted to apartments or other small apartment buildings ( 7.94%), and a few large apartment complexes or high rise apartments ( 1.97%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Shingle Springs. Owner-occupied housing accounts for 77.08% of Shingle Springs's homes, and 70.58% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Shingle Springs 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 Shingle Springs built between 1940-1969 ( 20.55%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.98%). There's also some housing in Shingle Springs built before 1939 ( 1.85%).

Shingle Springs Home Appreciation Rates

Real estate appreciation rates in Shingle Springs's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.64% during the period.

Appreciation rates are so strong in Shingle Springs that despite a nationwide downturn in the housing market, Shingle Springs real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Shingle Springs appreciation rates continue to be some of the highest in America, at 9.05%, which is higher than appreciation rates in 90.91% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Shingle Springs. Shingle Springs appreciation rates in the latest quarter were at 2.60%, which equates to an annual appreciation rate of 10.82%.

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

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

Average Home Values

 

Median Home Value:
$597,520

Shingle Springs, CA HOME PRICES

Value Range
> $1,322,000 1.5
$991,001 - $1,322,000 6.1
$661,001 - $991,000 28.3
$528,001 - $661,000 20.8
$397,001 - $528,000 22.9
$265,001 - $397,000 9.7
$132,001 - $265,000 3.4
$66,001 - $132,000 1.9
$0 - $66,000 5.4

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
3.93765381460213 30.1587301587302

Number Of Homes And Apartments:
1,599

Shingle Springs 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
76.04% 3.33% 4 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,435 / per month

Homeownership Rate

Homeownership
Owners 77.08
Renters 22.92
Vacant 1.60

Housing Market Details

 

Age of Homes

AGE OF Shingle Springs HOMES
2000 or Newer 9.0
1970 - 1999 68.6
1940 - 1969 20.6
1939 or Older 1.8

Types of Homes

TYPE OF Shingle Springs HOMES
Single-Family 80.4
Townhomes 1.0
Small Apt. Buildings 7.9
Apt. Complexes 2.0
Mobile Homes 8.7
Other 0.0

Home Size

SIZE OF Shingle Springs HOMES
No Bedroom 0.00
1 Bedroom 2.71
2 Bedrooms 22.52
3 Bedrooms 58.28
4 Bedrooms 12.31
5 or more bedrooms 4.18