Valley Springs, 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 Q3 2021. 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

Valley Springs, CA Housing Market Trends

With a population of 3,779, 1,336 total housing units (homes and apartments), and a median house value of $526,975, real estate costs in Valley Springs 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 Valley Springs, accounting for 67.99% of the town's housing units. Other types of housing that are prevalent in Valley Springs include mobile homes or trailers ( 12.82%), row houses and other attached homes ( 7.85%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.24%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Valley Springs. Owner-occupied housing accounts for 74.93% of Valley Springs's homes, and 69.40% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Valley Springs 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 Valley Springs built between 2000 and later ( 34.16%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.56%).

Vacant housing appears to be an issue in Valley Springs. Fully 10.34% of the housing stock is classified as vacant. Left unchecked, vacant Valley Springs homes and apartments can be a drag on the real estate market, holding Valley Springs real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Valley Springs Home Appreciation Rates

In the last 10 years, Valley Springs has experienced some of the highest home appreciation rates of any community in the nation. Valley Springs real estate appreciated 158.69% over the last ten years, which is an average annual home appreciation rate of 9.97%, putting Valley Springs in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Valley Springs 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 Valley Springs that despite a nationwide downturn in the housing market, Valley Springs real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Valley Springs appreciation rates continue to be some of the highest in America, at 17.30%, which is higher than appreciation rates in 86.73% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Valley Springs. Valley Springs appreciation rates in the latest quarter were at 5.98%, which equates to an annual appreciation rate of 26.14%.

Relative to California, our data show that Valley Springs's latest annual appreciation rate is higher than 50% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$526,975

Valley Springs, CA HOME PRICES

> $1,407,000
1.0%
1.0%
$1,056,001 - $1,407,000
3.4%
3.4%
$704,001 - $1,056,000
16.2%
16.2%
$563,001 - $704,000
22.2%
22.2%
$422,001 - $563,000
27.8%
27.8%
$282,001 - $422,000
19.6%
19.6%
$141,001 - $282,000
5.4%
5.4%
$70,001 - $141,000
0.0%
0.0%
$0 - $70,000
4.3%
4.3%
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:
1,336

Valley Springs Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2021 Q2 - 2021 Q3
Last 12 Months:
2020 Q3 - 2021 Q3
Last 2 Years:
2019 Q3 - 2021 Q3
Last 5 Years:
2016 Q3 - 2021 Q3
Last 10 Years:
2011 Q3 - 2021 Q3
Since 2000:
2000 Q1 - 2021 Q3
136.54% 4.04%
4
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,337 / per month

Homeownership Rate

Owners
74.9%
74.9%
Renters
25.1%
25.1%
Vacant
10.3%
10.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
34.2%
34.2%
1970 - 1999
52.3%
52.3%
1940 - 1969
13.6%
13.6%
1939 or Older
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
68.0%
68.0%
Townhomes
7.9%
7.9%
Small Apt. Buildings
6.2%
6.2%
Apt. Complexes
5.1%
5.1%
Mobile Homes
12.8%
12.8%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.3%
1.3%
1 Bedroom
1.8%
1.8%
2 Bedrooms
26.7%
26.7%
3 Bedrooms
54.9%
54.9%
4 Bedrooms
14.5%
14.5%
5 or more bedrooms
0.7%
0.7%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Valley Springs

Zip Codes in Valley Springs, CA