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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 130,104, 41,730 total housing units (homes and apartments), and a median house value of $225,353, Visalia real estate values are some of the lowest in California, although compared to real estate around the nation, Visalia homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Visalia, accounting for 75.07% of the city's housing units. Other types of housing that are prevalent in Visalia include duplexes, homes converted to apartments or other small apartment buildings ( 10.38%), large apartment complexes or high rise apartments ( 7.96%), and a few row houses and other attached homes ( 3.56%).
The most prevalent building size and type in Visalia are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.58% owning and 41.42% renting.
There is a lot of housing in Visalia 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 Visalia built between 2000 and later ( 25.04%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.87%). There's also some housing in Visalia built before 1939 ( 2.64%).
Homes have actually lost value in Visalia over the last then years, as home values have seen a decline of 23.03% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Visalia home appreciation rates at 2.63%, which equates to an annual appreciation rate of 10.94%.
NeighborhoodScout's data show that during the latest twelve months, Visalia's appreciation rate, at 5.28%, has been at or slightly above the national average. In the latest quarter, Visalia's appreciation rate has been 2.63%, which annualizes to a rate of 10.94%.
Importantly, this makes Visalia 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 Visalia's latest annual appreciation rate is lower than 80% 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 Visalia differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Visalia - 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 Visalia real estate investment or home purchase decisions.
|$967,001 - $1,289,000||1.3|
|$644,001 - $967,000||3.3|
|$516,001 - $644,000||2.3|
|$387,001 - $516,000||7.0|
|$258,001 - $387,000||22.2|
|$129,001 - $258,000||44.8|
|$64,001 - $129,000||12.9|
|$0 - $64,000||5.6|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Visalia HOMES|
|2000 or Newer||25.0|
|1970 - 1999||50.5|
|1940 - 1969||21.9|
|1939 or Older||2.6|
|TYPE OF Visalia HOMES|
|Small Apt. Buildings||10.4|
|SIZE OF Visalia HOMES|
|5 or more bedrooms||2.76|