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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Turlock, 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 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Turlock, CA Housing Market Trends

With 72,309 people, 24,733 houses or apartments, and a median cost of homes of $507,793, Turlock real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Turlock, accounting for 67.63% of the city's housing units. Other types of housing that are prevalent in Turlock include large apartment complexes or high rise apartments ( 15.29%), duplexes, homes converted to apartments or other small apartment buildings ( 11.10%), and a few mobile homes or trailers ( 3.12%).

The most prevalent building size and type in Turlock are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.22% owning and 45.78% renting.

There is a lot of housing in Turlock 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 Turlock built between 2000 and later ( 23.89%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.66%). There's also some housing in Turlock built before 1939 ( 6.44%).

Turlock Home Appreciation Rates

In the last 10 years, Turlock has experienced some of the highest home appreciation rates of any community in the nation. Turlock real estate appreciated 110.49% over the last ten years, which is an average annual home appreciation rate of 7.73%, putting Turlock in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Turlock 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, Turlock appreciation rates have trailed the rest of the nation. In the last twelve months, Turlock's appreciation rate has been 0.99%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Turlock were at -0.24%, which equates to an annual appreciation rate of -0.96%.

Relative to California, our data show that Turlock's latest annual appreciation rate is lower than 50% 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 Turlock differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Turlock - 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 Turlock real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$507,793

Turlock, CA Home Prices
> $1,214,000
$910,001 - $1,214,000
$607,001 - $910,000
$485,001 - $607,000
$364,001 - $485,000
$243,001 - $364,000
$121,001 - $243,000
$61,001 - $121,000
$0 - $61,000
1.7%
1.7%
3.0%
3.0%
16.9%
16.9%
22.9%
22.9%
31.8%
31.8%
13.2%
13.2%
3.5%
3.5%
2.1%
2.1%
4.9%
4.9%
0% 100.0%
% of Homes
Low

for California

Very High

for nation

Number of Homes And Apartments:

24,733

Turlock Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,941 / per month

Homeownership Rate

Owners
Renters
54.2%
54.2%
45.8%
45.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.7%
3.7%
96.3%
96.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
23.9%
23.9%
52.0%
52.0%
17.7%
17.7%
6.4%
6.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
67.6%
67.6%
2.7%
2.7%
11.1%
11.1%
15.3%
15.3%
3.1%
3.1%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.6%
3.6%
7.4%
7.4%
26.1%
26.1%
41.9%
41.9%
18.2%
18.2%
2.8%
2.8%
0% 100.0%
% of Homes