Signal Hill, 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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Signal Hill, CA Housing Market Trends

With 11,421 people, 4,719 houses or apartments, and a median cost of homes of $516,835, real estate costs in Signal Hill 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 Signal Hill, accounting for 35.83% of the city's housing units. Other types of housing that are prevalent in Signal Hill include large apartment complexes or high rise apartments ( 35.50%), row houses and other attached homes ( 15.10%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 13.27%).

People in Signal Hill primarily live in small (one, two or no bedroom) single-family detached homes. Signal Hill has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Signal Hill 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 Signal Hill built between 1940-1969 ( 23.99%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.91%). There's also some housing in Signal Hill built before 1939 ( 8.50%).

Signal Hill Home Appreciation Rates

In the last 10 years, Signal Hill has experienced some of the highest home appreciation rates of any community in the nation. Signal Hill real estate appreciated 58.83% over the last ten years, which is an average annual home appreciation rate of 4.74%, putting Signal Hill in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Signal Hill definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Signal Hill appreciation rates have trailed the rest of the nation. In the last twelve months, Signal Hill's appreciation rate has been 4.87%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Signal Hill were at 1.49%, which equates to an annual appreciation rate of 6.07%.

Notably, Signal Hill's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$516,835

Signal Hill, CA HOME PRICES

> $1,173,000
4.3%
4.3%
$879,001 - $1,173,000
13.9%
13.9%
$586,001 - $879,000
29.8%
29.8%
$469,001 - $586,000
22.3%
22.3%
$352,001 - $469,000
19.6%
19.6%
$234,001 - $352,000
5.6%
5.6%
$117,001 - $234,000
2.9%
2.9%
$58,001 - $117,000
1.0%
1.0%
$0 - $58,000
0.7%
0.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Average for CA

Value Relative To Nation

Number Of Homes And Apartments:
4,719

Signal Hill Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
149.89% 4.46%
8
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,055 / per month

Homeownership Rate

Owners
52.1%
52.1%
Renters
47.9%
47.9%
Vacant
3.8%
3.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
19.9%
19.9%
1970 - 1999
47.6%
47.6%
1940 - 1969
24.0%
24.0%
1939 or Older
8.5%
8.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
35.8%
35.8%
Townhomes
15.1%
15.1%
Small Apt. Buildings
13.3%
13.3%
Apt. Complexes
35.5%
35.5%
Mobile Homes
0.3%
0.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
3.2%
3.2%
1 Bedroom
19.1%
19.1%
2 Bedrooms
42.7%
42.7%
3 Bedrooms
20.4%
20.4%
4 Bedrooms
13.1%
13.1%
5 or more bedrooms
1.5%
1.5%
0.0% 100.0%
% OF HOMES