Stanford, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Stanford Neighborhoods Since 2000




Stanford, 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

Stanford Housing Market Information

With 14,332 people, 3,147 houses or apartments, and a median cost of homes of $1,940,788, Stanford house prices are not only among the most expensive in California, Stanford 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 Stanford, accounting for 66.31% of the town's housing units. Other types of housing that are prevalent in Stanford include single-family detached homes ( 19.60%), row houses and other attached homes ( 9.80%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.30%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.

Stanford is dominated by renter-occupied one, two, or no bedrooms apartments. 87.48% of Stanford's dwellings are rentals.

There is a lot of housing in Stanford 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 Stanford built between 2000 and later ( 27.23%). A lesser amount of the housing stock also hails from between 1940-1969 ( 26.72%). There's also some housing in Stanford built before 1939 ( 4.27%).

Stanford Home Appreciation Rates

In the last 10 years, Stanford has experienced some of the highest home appreciation rates of any community in the nation. Stanford real estate appreciated 45.29% over the last ten years, which is an average annual home appreciation rate of 3.81%, putting Stanford in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Stanford 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 Stanford that despite a nationwide downturn in the housing market, Stanford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Stanford appreciation rates continue to be some of the highest in America, at 6.12%, which is higher than appreciation rates in 75.07% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Stanford. Stanford appreciation rates in the latest quarter were at 0.59%, which equates to an annual appreciation rate of 2.39%.

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

Average Home Values

 

Median Home Value:
$1,940,788

Stanford, CA HOME PRICES

Value Range
> $2,245,000 40.5
$1,684,001 - $2,245,000 32.0
$1,122,001 - $1,684,000 1.9
$898,001 - $1,122,000 24.4
$673,001 - $898,000 0.4
$449,001 - $673,000 0.0
$224,001 - $449,000 0.4
$112,001 - $224,000 0.0
$0 - $112,000 0.4

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.187507324504863 2.91005291005291

Number Of Homes And Apartments:
3,147

Stanford 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
144.75% 5.33% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,318 / per month

Homeownership Rate

Homeownership
Owners 12.52
Renters 87.48
Vacant 5.41

Housing Market Details

 

Age of Homes

AGE OF Stanford HOMES
2000 or Newer 27.2
1970 - 1999 41.8
1940 - 1969 26.7
1939 or Older 4.3

Types of Homes

TYPE OF Stanford HOMES
Single-Family 19.6
Townhomes 9.8
Small Apt. Buildings 4.3
Apt. Complexes 66.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Stanford HOMES
No Bedroom 18.15
1 Bedroom 21.22
2 Bedrooms 32.91
3 Bedrooms 11.63
4 Bedrooms 12.32
5 or more bedrooms 3.76