Suisun City, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Suisun City Neighborhoods Since 2000




Suisun City, 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

Suisun City Housing Market Information

With a population of 29,492, 8,753 total housing units (homes and apartments), and a median house value of $352,490, real estate costs in Suisun City 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 Suisun City, accounting for 80.28% of the city's housing units. Other types of housing that are prevalent in Suisun City include large apartment complexes or high rise apartments ( 11.15%), duplexes, homes converted to apartments or other small apartment buildings ( 5.19%), and a few row houses and other attached homes ( 2.39%).

The most prevalent building size and type in Suisun City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.21% owning and 39.79% renting.

There is a lot of housing in Suisun City 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 Suisun City built between 2000 and later ( 15.28%). A lesser amount of the housing stock also hails from before 1939 ( 3.58%). There's also some housing in Suisun City built between 1940-1969 ( 3.29%).

Suisun City Home Appreciation Rates

Homes have actually lost value in Suisun City over the last then years, as home values have seen a decline of 20.36% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Suisun City home appreciation rates at 2.09%, which equates to an annual appreciation rate of 8.61%.

Appreciation rates are so strong in Suisun City that despite a nationwide downturn in the housing market, Suisun City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Suisun City appreciation rates continue to be some of the highest in America, at 12.56%, which is higher than appreciation rates in 98.08% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Suisun City. Suisun City appreciation rates in the latest quarter were at 2.09%, which equates to an annual appreciation rate of 8.61%.

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

Relative to California, our data show that Suisun City's latest annual appreciation rate is higher than 90% 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 Suisun City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Suisun City - 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 Suisun City real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$352,490

Suisun City, CA HOME PRICES

Value Range
> $1,521,000 1.1
$1,141,001 - $1,521,000 0.2
$761,001 - $1,141,000 1.4
$609,001 - $761,000 2.4
$456,001 - $609,000 16.5
$304,001 - $456,000 39.6
$152,001 - $304,000 31.9
$76,001 - $152,000 3.4
$0 - $76,000 3.4

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
12.0297667877651 60.0529100529101

Number Of Homes And Apartments:
8,753

Suisun City 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
64.89% 2.94% 3 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,021 / per month

Homeownership Rate

Homeownership
Owners 60.21
Renters 39.79
Vacant 3.66

Housing Market Details

 

Age of Homes

AGE OF Suisun City HOMES
2000 or Newer 15.3
1970 - 1999 77.9
1940 - 1969 3.3
1939 or Older 3.6

Types of Homes

TYPE OF Suisun City HOMES
Single-Family 80.3
Townhomes 2.4
Small Apt. Buildings 5.2
Apt. Complexes 11.1
Mobile Homes 1.0
Other 0.0

Home Size

SIZE OF Suisun City HOMES
No Bedroom 1.58
1 Bedroom 4.20
2 Bedrooms 10.71
3 Bedrooms 48.69
4 Bedrooms 34.02
5 or more bedrooms 0.79