Sunnyside-Tahoe City, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Sunnyside-Tahoe City Neighborhoods Since 2000




Sunnyside-Tahoe 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

Sunnyside-Tahoe City Housing Market Information

With 1,644 people, 601 houses or apartments, and a median cost of homes of $794,643, Sunnyside-Tahoe City house prices are not only among the most expensive in California, Sunnyside-Tahoe City real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Sunnyside-Tahoe City, accounting for 80.28% of the town's housing units. Other types of housing that are prevalent in Sunnyside-Tahoe City include duplexes, homes converted to apartments or other small apartment buildings ( 9.28%), large apartment complexes or high rise apartments ( 6.47%), and a few mobile homes or trailers ( 2.21%).

The most prevalent building size and type in Sunnyside-Tahoe City are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 59.73% owning and 40.27% renting.

There is a lot of housing in Sunnyside-Tahoe 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 Sunnyside-Tahoe City built between 1940-1969 ( 31.31%). A lesser amount of the housing stock also hails from before 1939 ( 5.02%). There's also some housing in Sunnyside-Tahoe City built between 2000 and later ( 3.86%).

A decent proportion of the Sunnyside-Tahoe City housing stock is seasonally occupied. That is, homes and condos in Sunnyside-Tahoe City are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Sunnyside-Tahoe City housing market speaks to its popularity as a vacation location of choice.

Sunnyside-Tahoe City Home Appreciation Rates

In the last 10 years, Sunnyside-Tahoe City has experienced some of the highest home appreciation rates of any community in the nation. Sunnyside-Tahoe City real estate appreciated 21.14% over the last ten years, which is an average annual home appreciation rate of 1.94%, putting Sunnyside-Tahoe City in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sunnyside-Tahoe City 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 Sunnyside-Tahoe City that despite a nationwide downturn in the housing market, Sunnyside-Tahoe City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sunnyside-Tahoe City appreciation rates continue to be some of the highest in America, at 13.57%, which is higher than appreciation rates in 98.85% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sunnyside-Tahoe City. Sunnyside-Tahoe City appreciation rates in the latest quarter were at 2.60%, which equates to an annual appreciation rate of 10.82%.

Importantly, this makes Sunnyside-Tahoe City 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 Sunnyside-Tahoe City's latest annual appreciation rate is higher than 90% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$794,643

Sunnyside-Tahoe 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
95.42% 3.96% 7 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,637 / per month

Homeownership Rate

Homeownership
Owners 59.73
Renters 40.27
Vacant 69.84

Housing Market Details

 

Age of Homes

AGE OF Sunnyside-Tahoe City HOMES
2000 or Newer 3.9
1970 - 1999 59.8
1940 - 1969 31.3
1939 or Older 5.0

Types of Homes

TYPE OF Sunnyside-Tahoe City HOMES
Single-Family 80.3
Townhomes 1.8
Small Apt. Buildings 9.3
Apt. Complexes 6.5
Mobile Homes 2.2
Other 0.0

Home Size

SIZE OF Sunnyside-Tahoe City HOMES
No Bedroom 1.61
1 Bedroom 5.17
2 Bedrooms 19.12
3 Bedrooms 48.47
4 Bedrooms 24.44
5 or more bedrooms 1.20

Popular Neighborhoods in Sunnyside-Tahoe City

Zip Codes in Sunnyside-Tahoe City, CA